EU: movement of money, people can be limited

According to Oliver Bailey, legal limits could possibly be imposed on movement of people and money within the EU should Greece leave the European Union. This may occur if officials find it necessary to protect public order and security but not on economic grounds.

Associated Press
June 12, 2012
Yahoo! News

BRUSSELS (AP) — The European Commission has been providing legal advice to others who are considering possible scenarios should Greece leave the euro, a European Union spokesman said.

Olivier Bailly said Tuesday that, legally, limits could be imposed on movement of people and money across national borders within the EU if it's necessary to protect public order or public security — but not on economic grounds.

"Some people are working on scenarios," he said, but refused to confirm or identify which organizations and people were working on them.

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