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RTE:Central Bank not printing punts, just euro
 
The Central Bank of Ireland has said it is not printing Irish punts and is only printing euro at the moment.
The bank said it would not comment on what it called "speculation" in today's Wall Street Journal that it is evaluating whether or not it needs to secure additional access to printing presses in case it has to print new bank notes to support a "reborn" currency.
The US newspaper quotes "people familiar with the matter" and says other central banks have started to weigh contingency plans to prepare for the possibility that countries leave the eurozone or the eurozone breaks up entirely.
On RTÉ's Morning Ireland, Seven Investment Management analyst Justin Urquhart Stewart said talk of Ireland printing punts was coming from a number of sources.
He said because the banking crisis in Ireland had already been managed, Ireland could be better off and more cost effective outside the euro.
Source