Bild Warns German Govt Fears Greek Bank Runs, Financial System Collapse; Prepares For Grexit

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Bild Warns German Govt Fears Greek Bank Runs, Financial System Collapse; Prepares For Grexit (ZeroHedge, Jan 6, 2014):

┬áIt has been a busy few days for Germany. In the space of a week, they have warned Greece “there will be no blackmail,” adding that a Greek exit from the euro was “manageable,” only to hours later deny (clarify) these comments. This was then followed up with beggars-are-choosers Syriza demanding any ECB QE must buy Greek bonds (or else) – which Germany has flatly ruled out – only to see today that Syriza is practically guaranteed to win a “decisive victory” at the forthcoming snap election. So it with a wry smile that we note Bild reports tonight that the German government is preparing for a possible Greek exit, warning of financial system collapse, bank runs, and huge costs for the rest of the EU.

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