Only a few months ago, most analysts were saying that theeurozone debt crisis was easing. Greece had accepted an austerityplan in return for bailout funds, Italy and Spain had conservativegovernments that promised to put their financial houses in order,and the euro was holding firm. Then came the Greek elections, wherevoters, fed up with austerity, rejected both major parties andFrance's election of Socialist Francois Hollande, who vowed tocombat the German-led policy of financial austerity.

Suddenly, it seems quite possible that Greece will exit theeuro. Spain, Portugal and Italy could be in trouble as well, maybeeven to the point of quitting the euro.

What's a U.S. company with factories, suppliers or major marketsin Europe to do?

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