Cost Of Greek Exit From Euro Put At $1 TRILLION – ‘British Government Is Making Urgent Preparations To Cope With The Fallout Of A Possible Greek Exit’

- Cost of Greek exit from euro put at $1tn (Guardian, May 17, 2012): The British government is making urgent preparations to cope with the fallout of a possible Greek exit from the single currency, after the governor of the Bank of England, Sir Mervyn King, warned that Europe was “tearing itself apart”. Reports from [...] continue reading the breaking news