27th January 2012
The euro experiment may fail. The currency may collapse. A country such as Greece, or Ireland, or Italy may decide to default on its debts or leave the euro. A return to the drachma, or the punt, or the lira could yet become a necessity. Peek-a-boo! It’s time to stop hiding behind the sofa. Because even if European politicians don’t want to remove their blinkers and acknowledge the need for a ‘plan B’, just in case the unthinkable happens and they have to ditch their grand plan, businesses must assess the risks they face and start making contingency plans.
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