How Do You Change a Currency – Fast?

(Before It's News)

With Grexit looming for Greece, how would the country bring a new currency into circulation as quickly as possible?

by Isabelle Fraser
Telegraph.co.uk

The drachma was the world’s oldest existing currency before it was replaced by the euro on January 1, 2001. And it may be about to make a comeback. This Sunday’s referendum is described by European leaders as a vote for or against the euro. If Greece votes “oxi”, the country may soon be looking for a new currency.

Haris Theoharis, a politician in the centrist party To Potami, said: “There’s already a team within the prime minister’s office, with staff from the general accounting office, right now working on the drachma.”

But how?

Continue Reading at Telegraph.co.uk…

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