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Folli-Follie Has Greek Euro Exit Plan, Kathimerini Reports

Folli Follie Group (FFGRP), a Greek manufacturer and retailer of handbags and other accessories, has a contingency plan in the event that the country exits the euro, Kathimerini newspaper reported, citing comments by Chief Executive Officer George Koutsolioutsos.

Koutsolioutsos said Greece should stay in the euro and that he hoped the company won’t have to make use of the plan, the newspaper reported. No details of the plan were outlined.

Koutsolioutsos didn’t immediately return a call to his Athens office seeking comment.

To contact the reporter on this story: Natalie Weeks in Athens at nweeks2@bloomberg.net

To contact the editor responsible for this story: Jerrold Colten at jcolten@bloomberg.net

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