The German government is holding "concrete consultations" on what to do in the case of a bankruptcy of the Greek state, German newspaper Bild said, citing several people familiar with the matter. This includes discussions about introducing capital controls in Greece if the crisis-stricken country goes bankrupt, Bild said in an advance copy of an article due to be published on Friday. It said a debt haircut for Greece was also being discussed, adding that government officials were in close contact with the European Central Bank on that.
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