Business

How shock waves will hit US if Greece drops euro

By Matthew Craft
Published June 16, 2012 1:58pm ET
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How shock waves will hit US if Greece drops euro
FILE - In this June 10, 2012, file photo, supporters of the extreme right-wing Golden Dawn party, attend a pre-election rally at the northern port city of Thessaloniki Greece. Bankers, governments and investors are starting to prepare for Greece to drop the euro currency, a move that could spread turmoil throughout the global financial system. A Greek election on Sunday, June 12, 2012, will go a long way toward determining whether it happens. (AP Photo/Nicolas Giakoumidis, File) | Nikolas Giakoumidis

NEW YORK (AP) — The unthinkable suddenly looks possible.

Bankers, governments and investors are preparing for Greece to stop using the euro as its currency, a move that could spread turmoil throughout the global financial system.

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