Tag Archives: leave
What will happen if Greece leave the Euro – How will they create their new or even relaunch their old currency?
Many of my regular clients have been asking me of late just what will happen should Greece actually leave the Euro? How long will it potentially take? What would the process be?
I have found a cracking article on the BBC regarding this matter and it explains everything in great detail – http://www.bbc.co.uk/news/magazine-18279522
My thoughts are that now that Greece will end up leaving the Euro no matter what happens in the elections this weekend however I don’t think it will be a big loss for the Eurozone it may well be seen as one of the rotten parts of the apple being removed.
The bigger issue will be if one of the larger economies steps forward and needs to leave, that will more than likely lead to a lot more complications, we are seeing signs of the issues Greece first showed signs of a few years back from these economies which indeed is a worry… 2012 will in no doubt be a nig year in economic history and if you have a requirements to either buy or sell Euros then it is key you have a currency expert on your side.
If you carry out bank transfers of anything from £1000 up to multi million Pounds then I can assist you both with your timing and getting the best exchange rate when you do carry out your transfer, depending on volume for corporate clients we can get better rates than almost all banks and brokers and for private clients I will bend over backwards to win your business from the banks or your current broker if you do get in touch via the site. I work for one of the top foreign exchange brokerages in the U.K and have done for many years, we are authorised as a payments institute by the FSA and we are a Public Limited Company so you can have peace of mind you are dealing with one of the best. Please feel free to contact me email@example.com quoting PSF in your subject header and I will be more than happy to help.