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Updated 19:24 08/05/21

Greek government: Europe plotting regime change

By Adam Pike, News Editor

16 Jun 2015

Alexis Tsipras, the Greek Prime Minister has spoken out against his countries creditors who he believes are attempting to undermine this government.

The comments came after the European Commission warned the Greeks that their economy would collapse unless a deal can be reached.

Germany’s EU Commissioner Guenther Oettinger said creditor nations are drawing up plans to deny Greece access to the European payment system and impose capital controls. Such actions would result in bank closures and the rationing of cash withdrawals. Sources close to the Syriza government confirmed Greece may seek an injunction from the European Court of Justice to halt such measures.

It now appears the meeting between Europe’s finance ministers on Thursday is the last opportunity for a deal to reached. Stock markets across Europe continue to slide as traders contemplate the impact of Greek default.

One government official told the telegraph he was surprised that the amount of money leaving the Greek banking system had not triggered a full blown run on the banks.

Gold is currently trading at £759.45 per ounce, silver £10.29 per ounce, palladium £475.04 per ounce and platinum £697.32 per ounce.

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