British Prime Minister David Cameron chaired a meeting with members of the finance ministry and the Bank of England on Monday to prepare for a possible Greek exit from the euro zone, according to Reuters.
Citing a source from the British ministry of finance, Britain is preparing a contingency plan in case there is a collision between Greece and its European partners, thereby forcing a Grexit. Britain’s Finance Minister George Osborne said on Sunday that the British economy is threatened by the possibility of Greece leaving the euro zone.
“It was a meeting between the prime minister and officials at the Treasury and the Bank,” the source told Reuters. “It is not saying that anyone thinks it is going to happen, but it is right that they have a look at the risk of Greece leaving the euro zone. That would create real instability,” he added.
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