Barometer | 2 July 2015
Bank job Should we buy shares in companies which print banknotes in expectation of one getting to print millions of drachma notes? — In May, according to the ECB, there were a total of 17.6bn euro notes in circulation. Given that Greece accounts for approximately 2.5% of the GDP of the eurozone, 441m of these were Greek, and might need replacing with drachma notes in the event the country leaves the euro. — However, there is already a good business in printing replacement euro notes. In May, 2.76bn notes were taken out of circulation and 2.88bn new ones were put into circulation. — Therefore, if Greece were to leave the