Banks run eurozone crisis scenarios as Greece founders

Banks are shorting the euro, along with German and French government bonds, as a hedge against this kind of escalation. Their fear is that a Greek restructuring is inevitable and will scare investors away from other vulnerable members of the eurozone. One obvious consequence would be a weakening of the single currency, but banks have entertained a variety of other, wilder scenarios as they seek to immunise their books against a possible Europe-wide crisis. "We've run a complete stress scenari