Ambrose Evans Pritchard, the business columnist of the Daily Telegraph has an agenda: he does not support the Euro.
Fair enough.
He writes a lot about the problems he sees with the currency
Also, fair enough.
His latest story on the subject is that Germans are now no longer accepting Euro notes with serial numbers that show that they are printed in Latin countries like Spain (prefix letter V) or Italy (prefix letter S), and are swapping these for notes with the German prefix X.
If true, then this is extremely serious, since it implies that German consumers might refuse to accept non-German notes and that would effectively end the currency union.
The trouble is, I can find no other reference to this behaviour anywhere. Wherever I have looked, the single reference for the story is the story itself and nothing else.
Has Evans Pritchard just printed a story that he would like to be true? If so he has committed the cardinal crime of any journalist.
He must give a source for this story, because the consequences are critical and I am not sure I believe him.
Evans Pritchard's credibility is on the line.
UPDATE: I have continued to look, and the only evidence has been anecdotal and can find no corroberation beyond what has been posted below for Ambrose Evans Pritchard's story.
If not total fiction, to print the story as Pritchard has done is highly misleading. It may be actionable under the false rumours section of the FSA.
I will not accept abusive posts- especially from Anonymous posters.
Fair enough.
He writes a lot about the problems he sees with the currency
Also, fair enough.
His latest story on the subject is that Germans are now no longer accepting Euro notes with serial numbers that show that they are printed in Latin countries like Spain (prefix letter V) or Italy (prefix letter S), and are swapping these for notes with the German prefix X.
If true, then this is extremely serious, since it implies that German consumers might refuse to accept non-German notes and that would effectively end the currency union.
The trouble is, I can find no other reference to this behaviour anywhere. Wherever I have looked, the single reference for the story is the story itself and nothing else.
Has Evans Pritchard just printed a story that he would like to be true? If so he has committed the cardinal crime of any journalist.
He must give a source for this story, because the consequences are critical and I am not sure I believe him.
Evans Pritchard's credibility is on the line.
UPDATE: I have continued to look, and the only evidence has been anecdotal and can find no corroberation beyond what has been posted below for Ambrose Evans Pritchard's story.
If not total fiction, to print the story as Pritchard has done is highly misleading. It may be actionable under the false rumours section of the FSA.
I will not accept abusive posts- especially from Anonymous posters.
Comments
Not entirely sure (it's in German!), but it looks like it could be the report Pritchard is referring to.
"...Bankers report that here and there customers with an unusual desire come closer to it. When disbursements in cash they ask for notes with German land marking..."
Exaggerated by Pritchard, maybe. Fiction, no.
The page.
The Google-translated page.
A Google search that will bring it right up, out of the box.
Accusing a professional jourmalist of fabrication is a serious business, sportsman. If I were you I'd retract, and pronto. Or I'd consult my solicitor.