Corporate treasurers plan for euro break-up

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