We have updated our Terms of Use.
Please read our new Privacy Statement before continuing.

Prepare for the worst

16 June 2011 By Peter Thal Larsen

Renewed turmoil in Greece has prompted worries about a disorderly default. That would revive EU sovereign woes, threaten the banking system and undermine the ECB. The odds are that common sense will prevail. But a costly disaster, while still remote, is more likely than it was.

This content is for Subscribers only

 

Email a friend

Please complete the form below.

Required fields *

*
*
*

(Separate multiple email addresses with commas)