Businesses Prepare For The End Of The Euro; Will Treasury Do The Same?

By Jonathan Prokup According to the Financial Times, companies around the world are preparing for the possibility of a breakup of the euro.  Given the currency devaluation that would likely occur in countries coming out of the euro, these companies are preparing for the impact that such an event would have on balance sheets (e.g., … Continue reading Businesses Prepare For The End Of The Euro; Will Treasury Do The Same?

It’s April 29th; Do You Know Where Your Euros Are?

By David Shakow and Jonathan Prokup By now, most observers of, and participants in, the European economy are familiar with the drama playing out in Greece.  Swamped by large debts and a seemingly uncontrollable fiscal deficit, the Greek government is facing the possibility of defaulting on its sovereign debt obligations.  Even if Greece’s monetary partners … Continue reading It’s April 29th; Do You Know Where Your Euros Are?