What would happen if the Eurozone falls? Jiří Horník provides answers to Lidové noviny26/03/12 / Publications

In the latest Law & Justice supplement to Lidové noviny, KŠB attorney Jiří Horník contemplates how the much-feared Eurozone breakup could affect parties to contracts in euros.

Jiří believes that uncertainty could arise if the euro collapses since some of the resulting issues are not covered by any existing law. The best way to avoid uncertainty would be for lawmakers to draft applicable policy, he says.

The full version of the text is available here (in Czech only)