Treasury ministers have admitted that the Government is drawing up contingency plans for a Greek bankruptcy after being warned by a former foreign secretary that the euro “cannot last”.
Events are moving much faster than previously imagined.
go back down,
back the way you came,
Can’t you see that flash of fire ten times brighter than the day?
And behold a mighty city broken in the dust again,
Oh God, Pride of Man, broken in the dust again.”