Euro Zone officials told members to prepare contingency plans in case that Greece exit euro zone, according to Reuters.
An euro zone official said, each euro zone must prepare a contingency plan for itself, for Greece’s potential exit.
Although this is something leaders want to avoid, but the situation in Greece is worrying and Greece’s bailouts may be cut off if it cannot implement those strict austerity reforms later. The political turmoil made the situation more difficult.
One the one hand Greece doesn’t want to endure those austerity reforms which is required for the bailout, and on the other hand Greece strongly supports belonging to euro zone, according to IMF managing director Lagarde Wednesday.
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