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Contingency plans needed for Greece's possible euro exit

An experiment no one wants will test fire-walls separating Greeks from the rest of euro area

If Mr Tsipras backed down and agreed to extend the international bailout programme beyond the Feb 28 deadline, that would give comfort to his country's leading creditors.

ONE reason for a certain equanimity in Europe's political capitals about a possible Greek euro exit is that, during the past three years, Europe has constructed significant fire-walls separating the Greeks from the rest of the single-currency bloc. The day is fast approaching when Europe may