If Greece goes…

The consequences for the European Union

In this section, Peter Spiegel in Brussels and Quentin Peel in Berlin examine whether a Greek departure from the eurozone would drive remaining members of Europe’s currency union closer together or further apart. Patrick Jenkins and Richard Milne, the FT’s banking and capital markets editors, assess the threat of contagion to other countries in the euro area. The weakest perceived link is Portugal, which is preparing for the worst, as Peter Wise, the FT’s veteran Lisbon correspondent, explains. Chris Giles, the FT’s London-based economics editor, leads an examination of the risks for the UK, the biggest EU economy outside the eurozone. Wolfgang Münchau, European commentator, tells EU leaders what they must ...