Home > Uncategorized > The unreported fall out from Greece’s imminent crash?

The unreported fall out from Greece’s imminent crash?

grexit-comicSeventy Uk businesses are owned by Greek companies and cumulative turnover of around $700m. It is reasonable to say that all of these firms are at serious risk of failure if Greece exits the euro

Is this all bad news? Not necessarily because in the past the UK has been used by major Greek companies to file for bankruptcy. Hellas being a case in point

Whether the regulations have been tightened to prevent such “insolvency tourism” i have yet to find out, but its quite possible that Greece’s failure could greatly benefit the UK insolvency

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