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The eurozone departure of countries like Greece and Portugal was one of the main topics at the international conference organised by City Week in London, which gathered finance experts from more than 40 countries. Accentures Head of UK Research said that his clients dont see it as a major problem if a small country abandons the eurozone. According to a managing director of Nomura International, Greece hired lawyers to look into a eurozone exit strategy as early as March 2010. At the panel session called Impact of the eurozone crisis on banks and corporations, the tone was not very optimistic with regard to countries like Greece, Portugal or Ireland still being part of the eurozone in the future. Gabriel Stein is Director at Lombard Street Research. To him...
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