Wednesday, December 28, 2011
As Eurozone nations sink ever deeper into crisis, the UK Treasury is working on a contingency plan for the single currency’s collapse. It includes capital control measures that, under EU rules, require agreement from most of the Union members. Britain is also prepared to close its borders and evacuate expats and holidaymakers from the effected countries. Robert Oulds, president of the Bruge Groups of campaigners against excess unification in Europe says many countries will benefit if euro collapses.
This article was posted: Wednesday, December 28, 2011 at 4:32 am