Kuoni Is Preparing for Possible Greek Exit, SonntagsZeitung Says

Lock
This article is for subscribers only.

Kuoni Reisen Holding AG is holding talks with its Greek business partners to prepare for a possible exit of the country from the euro area, Chief Executive Officer Peter Rothwell told SonntagsZeitung in an interview.

The company might introduce special clauses in contracts with Greek hotels so it doesn’t end up paying in euros if the nation uses a cheaper currency, Rothwell told the newspaper.