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The article presents information on German chancellor Angela Merkel's potential contingency plan if maintaining the euro zone in its present form becomes infeasible as of August 11, 2012. Topics include how Merkel defends the euro zone's single currency, financial crises in Greece and Spain, and whether removing Greece from the euro zone is practical.

The article considers economic conditions in the euro area monetary union of the European Union (EU), focusing on the impact of the financial crisis generated by the possibility of default on the public debts of several member countries. Weak sales and falling prices of government bonds of euro area countries are discussed. Economic indicators suggesting that the euro area is either near or in a recession are examined. The possibility of the end of the euro as a common currency is discussed.

The article examines the effect of the European Sovereign Debt Crisis on corporation finance in the European Union (EU) countries of the euro area and international business enterprises which operate their. The closing of a steel mill in France by the company ArcelorMittal is used as an example of reduced investment by and revenue for companies due to the severely negative economic impact of the crisis.

The editorial focuses on the financial crisis in the euro zone and comments on Finland's reluctance to bailout other European Union countries struggling with sovereign debts. An overview of Finland's economy is presented, noting the country has the least to gain from keeping the euro zone integrated and has contingency plans for the euro zone's breakup.

The article discusses the challenges facing German chancellor Angela Merkel's decision to break up the euro as a possible solution to the euro zone crisis as of August 8, 2012. Topics include how the European Central Bank owns Greek government bonds valued at $50 billion and how Merkel may support removing Greece, Spain, and other countries from the euro zone.