NEWS

Dutch parliament wants ‘plan B’ on Greece

Dutch parliament has asked the country?s Cabinet to explain the possible costs for the Netherlands if the Greek government defaults on its debts.

Parliament unanimously supported an oral motion by anti-immigration Freedom Party leader Geert Wilders asking the Cabinet to sketch various scenarios, examining not only the costs of a Greek default but also of further sovereign defaults, a general collapse of the euro, and a restoration of national currencies in euro-zone countries.

Wilders said Wednesday that ?every scenario has disadvantages, but please, no scare stories.?

Officially the Dutch government backs a new bailout for Greece but Finance Minister Jan Kees de Jager said Tuesday the government is examining ?all scenarios.? [AP]