Can Britain cope if the eurozone collapses ?

/Can-Britain-cope-if-the-eurozone-collap

  • Le gouvernement britannique se prépare à sauver ses ressortissants perdus dans cette dangereuse zone de guerre : l’Europe en cas d’éclatement de l’euro.

    Can Britain cope if the eurozone collapses ? - Telegraph
    http://www.telegraph.co.uk/news/worldnews/europe/eu/8917945/Can-Britain-cope-if-the-eurozone-collapses.html

    Behind the scenes, Whitehall’s first priority is contingency planning. The Government is now operating on the basis of an expectation that the single currency will come apart, but is hoping it doesn’t happen soon: “The eurozone was a mad idea,” says a senior minister. “It will break up. But so terrible would be the impact that we think it’s worth them having a go at keeping it together.” In the meantime, the Foreign Office is focusing on trying to prepare the machinery to help Britons who might be stranded abroad if banking systems and cash machines go down.

    There is also the potential for social unrest: embassies and consulates have been told to prepare for a flood of inquiries and requests for help if the euro stops working in some countries and other currencies have to be introduced (there are a million Britons in Spain alone). Fortunately, the government can keep liquidity flowing at home in an emergency, thanks to the UK retaining its own currency.