Germany Prepares Billions Of Euros In Case Of Winter Blackouts ...Middle East

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Germany Prepares Billions Of Euros In Case Of Winter Blackouts
source : OILPRICE ( Middle East ) () 15
Germany is putting in place emergency measures in case of blackouts this winter, Reuters has reported, citing several unnamed sources familiar with the preparations. One of the measures involves the central bank of Germany hoarding billions of euros in case of a run on banks. The possibility of putting limits on bank withdrawals is also among the options. Priority access to fuel is also being discussed some of the Reuters sources told the news agency. Government officials have said the risk of a blackout this winter is small but the head of the…

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