Ken Davy: Navigating the Greek crisis

As you are lazing on your sunlounger in the beautiful island of Crete, with the Financial Times in one hand and a glass of ouzo or bacardi and coke in the other, perhaps you could spare a thought for your Greek hosts as they struggle with the eurocrats of Brussels.

Of course, from your sunlounger, the cracks in the Greek economy are unlikely to be too obvious. However, the reality is that the exit of Greece from the euro – the so-called Grexit – remains as likely as ever.

As advisers, therefore, we need to look behind the headlines and avoid being carried away, either by the euphoria that the problem has been solved, or indeed, despair that it remains a distinct possibility.

 

Read the full article on FTadviser.

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