article_snippet.sent: Greece poses the biggest threat to the global economy and the deepening crisis could hit Britain, George Osborne warned yesterday.
article_snippet.sent: Fears are mounting that Greece will default on Greece debts and be forced to leave the eurozone, creating an economic and political earthquake.
article_snippet.sent: George Osborne added: ‘It is clear that a misstep or miscalculation on either side [in Greece] could easily return European economies to the type of perilous situation we saw three to four years ago.
article_snippet.sent: It would be a mistake to think that the UK could be immune to a return to this instability in European financial systems and the European economy.