Friday, December 31, 2010
There is an 80 per cent chance that the euro will not survive in its current form, a leading think tank has warned.
The financial crisis that has crippled Greece and Ireland will spread to other debt-ridden European countries in the New Year, according to the Centre for Economics and Business Research.
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Among those in the firing line will be Italy and Spain – the third and fourth biggest economies in the single currency bloc behind Germany and France.
This article was posted: Friday, December 31, 2010 at 2:45 am