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But former finance minister Yanis Varoufakis's idea to set up a parallel payment system suffered from two obvious flaws.
It said the "plan B" was devised to allow the government to introduce a parallel payment system if the banks were closed down.
Saying it would have been "remiss" of him not to have a "plan B" if negotiations with the country's creditors had collapsed, the outspoken politician admitted that a small team under his control had devised a parallel payment system.
Brussels slammed the suggestion that external supervision of the Greek tax revenue agency forced Varoufakis to consider hacking the ministry's computers as part of a secret plan to devise a parallel payment system for the nation.
Greece's former finance minister, Yanis Varoufakis, has been thrust back in the spotlight as he vigorously defended plans to launch a parallel payment system in the event of the country being ejected from the euro.
The supreme court prosecutor, who played a leading role in putting the far right Golden Dawn party on trial, also asked a magistrate to investigate whether criminal charges should be brought against non-political figures who allegedly hacked taxpayers' accounts to set up the parallel payment system.
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In principle, the idea of setting up a parallel payments system involving people's tax numbers is ingenious.
While Varoufakis's plan to create a parallel payments system based on the country's tax register was certainly unorthodox, it was completely understandable.
http://viewer.docstoc.com/ Adaptive Payments –.
Developers can build applications including pre-approvals, currency conversions, and pay anyone, chained payments and parallel payments.
6. Parallel payments: Developers can enable buyers to send money to several people in one payment, which is ideal for purchasing multiple items from different sellers, or even for payroll applications.
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