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— John Major"Well what would happen is that if Greece defaulted and couldn't pay its debts, all the Greek bonds that are held in other banking systems across Western Europe would suddenly have no value. You could as a knock-on effect create a banking crisis in Western Europe."
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People rightly want our political leaders - on all sides - to concentrate on minimising the damage to jobs, living standards and our savings from the banking crisis.
— Lucy Powell
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There has been a banking crisis, a financial crisis, an economic crisis, a social crisis, a geostrategic crisis and an environmental crisis. That's considerable in a country that's used to being protected.
— Jean-Francois Cope
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