European banks unprepared for Greek exit from euroEurope’s banks, sitting on $1.19 trillion of debt to Spain, Portugal, Italy and Ireland, are facing a wave of losses if Greece abandons the euro. Click here for the full storyGreek exit worse mistake than adoption of euro Leaving the euro would benefit Greece in the long run, but as Moorad Choudhry points out, in the long run we’re all dead. Click here for the full storyEconomists react: what happens if Greece leaves eurozone? Making allowances for some guesswork, here’s a rundown of the latest on some economists’ and analysts’ views on what could happen next. Click here for the full storyGrexit: getting ready for drachma printingCommercial currency printer De La Rue has made plans to reprint the drachma. Click here for the full story
