Plan B

[Maik]

Varoufakis reveals cloak and dagger 'Plan B' for Greece, awaits treason charges
Former Greek finance minister Yanis Varoufakis claims he was authorised by Alexis Tsipras to look into a parallel payment system

http://www.telegraph.co.uk/finance/economics/11764018/Varoufakis-reveals-cloak-and-dagger-Plan-B-for-Greece-awaits-treason-charges.html

[Maik]

Greece news live: explosive Varoufakis parallel currency plot prompts official investigation
Audio recording of Greek parallel currency plans are revealed after former finance minister says Germans used Grexit to "terrorise" the French

http://www.telegraph.co.uk/finance/economics/11764792/Greece-news-live-explosive-Varoufakis-parallel-currency-plot-prompts-official-investigation.html

Contingency Plans

People are apparently shocked, shocked to learn that Greece did indeed have plans to introduce a parallel currency if necessary. I mean, really: it would have been shocking if there weren’t contingency plans. Preparing for something you know might happen doesn’t show that you want it to happen.

The issue now becomes whether Tsipras was right to decide not to invoke this plan in the face of what amounted to extortion from the creditors. I think he called it wrong, but God knows it was an awesome responsibility — and we may never know who was right.

http://krugman.blogs.nytimes.com/2015/07/27/contingency-plans/?smid=tw-NytimesKrugman

[Maik]

Opinion: After Greece, everyone will want a Plan B to leave the euro

http://www.marketwatch.com/story/after-greece-everyone-will-want-a-plan-b-to-leave-the-euro-2015-07-29