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Wednesday, May 23, 2012

Eurozone nations are reportedly told to prepare for a Greek euro exit



Eurozone nations are reportedly told to prepare for a Greek euro exit, and markets fall ahead of key meeting of European leaders in Brussels, as hopes fade that new measures will be agreed.

Reuters reported earlier that the Eurogroup - the collection of eurozone finance ministers - had called for nations to develop a contingency plan for a Grexit. Within minutes Francois Hollande had muddied the waters by claiming to know nothing about any such order.

The Telegraph

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