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Old 15-05-2016, 23:06   #1948
Ramrod
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re: [Update] The UK votes to leave the EU

Quote:
Originally Posted by TheDaddy View Post

I'm guessing they don't as they're still in it
Not through their own choice:
Quote:
Some European scholars have insisted on the shaky legal grounds upon which the "troika" composed of the EU Commission, the European Central Bank and the IMF has pursued the harsh macroeconomic adjustment plans imposed on Greece, claiming they infringe upon Greece's sovereignty and interfere in the internal affairs of an independent EU nation-state: "the overt infringements on Greek sovereignty we're witnessing today, with EU policy makers now double-checking all national data and carefully 'monitoring' the work of the Greek government sets a dangerous precedent.
and the plan that was to be imposed on Greece if they did try to leave was a bit much:
Quote:
"Plan Z" is the name given to a 2012 plan to enable Greece to withdraw from the eurozone in the event of Greek bank collapse.[30] It was drawn up in absolute secrecy by small teams totalling approximately two dozen officials at the EU Commission (Brussels), the European Central Bank (Frankfurt) and the IMF (Washington).[30] Those officials were headed by Jörg Asmussen (ECB), Thomas Wieser (Euro working group), Poul Thomsen (IMF) and Marco Buti (European Commission).[30] To prevent premature disclosure no single document was created, no emails were exchanged, and no Greek officials were informed.[30] The plan was based on the 2003 introduction of new dinars into Iraq by the Americans and would have required rebuilding the Greek economy and banking system ab initio, including isolating Greek banks by disconnecting them from the TARGET2 system, closing ATMs, and imposing capital and currency controls.
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