The UK's Prime Minister David Cameron on Monday reportedly discussed contingency plans for euro area crisis with Bank of England Governor Mervyn King and Financial Services Authority Chairman Adair Turner.
Reports said that Cameron's top three ministers, Deputy Prime Minister Nick Clegg, Chancellor George Osborne and Treasury Chief Secretary Danny Alexander, were also present at the meeting, which discussed the emergency plans to deal with a possible Greek exit and break-up of Eurozone.
Earlier this month, King said that contingency plans to deal with a break-up of the Eurozone are being discussed by the British authorities.
On Sunday, Swiss National Bank President Thomas Jordan said that the bank is mulling emergency measures, including capital controls, to deal with any emergency situation in relation to the euro crisis.
by RTT Staff Writer
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