The Euro Crisis and Its Impact: What Steps are Being Taken?

Members of the NeuGroup’s Treasury Group of 30 (T30) have taken a number of steps to minimize their exposure to the sovereign debt crisis in Europe. In a pre-meeting survey, members also indicated further heightening of counterparty risk sensitivity involving banks, A/R and short-term investments. FX and financial risk are also a concern. All respondents indicate that Europe’s woes will continue to have a negative impact on the global economy and 96 percent said the same for US economy.

What steps have you taken in response to the European sovereign debt crisis?
Source: NeuGroup Peer Research; T30, Fall 2011