Corporate treasurers plan for euro break-up

euro22

With continuing speculation over whether the euro can survive the crisis in its current form, and an increasingly widespread belief that a Greek exit is inevitable, corporate treasurers are beginning to plan more actively for a break-up by stress testing their supply chains and payment systems under different scenarios.

The result is a recognition that a break-up could heavily impact business processes and currency exposure, leading companies to move cash reserves outside the eurozone and carry

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