Mon, Dec 12, 2011 - Page 11 News List

Impact studies on failed euro intensify

COSTLY:Analysts say no eurozone country would emerge unscathed in the short and long term, with the threat of collapsed banking systems and widespread unrest

British banks and Asian-based multinational companies are already engaged in prudent contingency planning for the worst-case scenario.

And as Cailloux says, the problem is “everyone is going to have to plan for this eventuality, that’s the issue for 2012.”

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