Reuters Jun 12, 2012, 12.22PM IST

ATM-not-working-photo-co-phoenixnewtimes

phoenixnewtimes

BRUSSELS: European finance officials have discussed limiting the size of withdrawals from ATM machines, imposing border checks and introducing euro zone capital controls as a worst-case scenario should Athens decide to leave the euro.

EU officials have told Reuters the ideas are part of a range of contingency plans. They emphasised that the discussions were merely about being prepared for any eventuality rather than planning for something they expect to happen – no one Reuters has spoken to expects Greece to leave the single currency area.

Courtesy of http://articles.economictimes.indiatimes.com/2012-06-12/news/32195209_1_euro-zone-capital-controls-greece-exits-euro