Volker Wieland on the bank closure in Greece ("Die Welt")
"If the Greek government accepts a reform program after the referendum, a one-week bank closure will not have severe consequence," Volker Wieland said. However, if the Greek government decided to introduce a new currency this could lead to massive distortions.
(Die Welt: "Wir erleben erst den Beginn einer Katastrophe")
(Die Welt: "Warnung vor katastrophalen Folgen der Bankenschließung")