In short, either the North will have to bail out the South in some way, or there are likely to be defaults and possible eurozone exits by one or more countries. Either way the outlook is not good with the least worst outcome being to continue to muddle through with significant austerity and, at best, weak growth.
In KPMG’s view there are five practical actions that can be taken now to protect value whatever the outcome. Read the full article: Eurozone crisis - five practical strategies (PDF 392 KB).
