DUTCH ADMIT PREPPING FOR EUROZONE BREAKUP IN 2012

AMSTERDAM (AP) — Dutch Finance Minister Jeroen Dijsselbloem has acknowledged that the Dutch government drew up plans for what to do if the single European currency had collapsed during the summer of 2012.

In an interview with RTL television on Tuesday, Dijsselbloem said there was a plan to return to the Dutch guilder in a worst case scenario.

He said: “There were preparations, there was discussion, with the Dutch Central Bank as well, about what it would require.”

Save Money & Time. Join Our Newsletter For Free. 
. Event Invites          . News      . Videos              . eMagazines 
. Analysis & Opinion     . Exclusive Reports     . Interviews
Submit

All emails include an unsubscribe link. You may opt-out at any time. See our privacy policy.
 

Dijsselbloem, who was not then in office, said politicians of the time were right not to discuss the plan because acknowledging it might have worsened panic on financial markets and made the euro’s collapse more likely.

Save Money & Time. Join Our Newsletter For Free. 
. Event Invites          . News      . Videos              . eMagazines 
. Analysis & Opinion     . Exclusive Reports     . Interviews
Submit

All emails include an unsubscribe link. You may opt-out at any time. See our privacy policy.
 
Close
Save Money & Time. Join Our Newsletter For Free. 
. Event Invites          . News      . Videos              . eMagazines 
. Analysis & Opinion     . Exclusive Reports     . Interviews
Submit

All emails include an unsubscribe link. You may opt-out at any time. See our privacy policy.
 
Close