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If Greece defaults gargantuan losses could be incurred.
Some expenditure such as defence has to be incurred anyway.
However, it substantially reduces the costs of director and company searches that would ordinarily be incurred.
The financial costs are, however, possibly the least of those that will be incurred.
The university has yet to decide what penalties might be incurred if the regulation is flouted.
Those costs, he will say, will be incurred because of "unnecessary duplication".
But the loss that is almost sure to be incurred later is even larger.
In any case, time is needed and expenses have to be incurred.
"Then you get into the question of what penalties should be incurred.
However, additional patient costs may be incurred.
It is unknown what type of fee would be incurred.
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