Following recent press reports about the preparation of evacuation plans for expats the British Government has stated that this is not true.
Reports alleged that the government was drawing up plans to rescue Brits stranded in Spain in the event of a banking collapse.
The story, which appeared in several newspapers (and on here), originally published by the Sunday Times, allegedly caused panic amongst expats along the coast.
The reports said the Foreign Office had begun putting contingency plans in place to provide assistance to thousands of Britons if they were unable to access their money should the Spanish banking system collapse.
The Foreign Office stated that it is concerned that people who have invested savings could face losing their homes in Spain if banks called in loans and they were unable to access money. They added that they are always looking at plans for bringing expats home in the event of a catastrophe but no new plans had been drawn up.