Tuesday, November 29, 2011


UK’s Plan B to Aid British Expats in Case of Euro Collapse

Posted by keeptalkinggreece in Economy
Is the euro really collapsing? Does the euro zone near the end? I can’t answer these questions but the Britons allegedly prepare their Plan B to help British expats through the collapse of the common currency, collapsing of the banking system and outbreak of riots. British The Telegraph in an article Prepare for riots in euro collapse, reports that the Foreign Office and the Treasure  confirmed ”earlier this month that contingency planning for a collapse is now under way ” as the  Italian government struggled to borrow and Spain considered seeking an international bail-out.
British ministries seem to consider a euro collapse as an issue of a “matter of time”.
Recent Foreign and Commonwealth Office instructions to embassies and consulates request contingency planning for extreme scenarios including rioting and social unrest.
Greece has seen several outbreaks of civil disorder as its government struggles with its huge debts. British officials think similar scenes cannot be ruled out in other nations if the euro collapses.
Diplomats have also been told to prepare to help tens of thousands of British citizens in eurozone countries with the consequences of a financial collapse that would leave them unable to access bank accounts or even withdraw cash.
There is also the potential for social unrest: embassies and consulates have been told to prepare for a flood of inquiries and requests for help if the euro stops working in some countries and other currencies have to be introduced (there are a million Britons in Spain alone). Fortunately, the government can keep liquidity flowing at home in an emergency, thanks to the UK retaining its own currency. source: Telegraph
It's all a bit scary really. Ignorance is bliss, but this will affect everyone, and heads in the sand will get their backsides kicked!

Vrahassi was very quiet today. David and I popped into the cafeneio for a drink, we sat outside looking on to an empty street. A couple of old men were perched on the old bench by the statue. The travelling fish man stopped but had no takers for his fish. He was not a happy man. I had a word with Papa Niko, he was not a happy man either. The school taxi dropped off a couple of kids; a scooter carrying 3 people puttered past. Only David and I remained in the silence of the afternoon. The sun was warm, a slight breeze shook the young trees which masked our mountain view. Abandoned cafeneio chairs stood guardian to a heap of firewood, and we drank up and left with no one to say good bye to. We had obviously missed the rush hour!

Jane x

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