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Eurozone collapse will hurt us all

Thursday, 3rd June 2010

THE developing crisis in the Eurozone triggered by Greece has been most illuminating in terms of the way it has exposed the fundamentally weak foundations upon which the Euro has been buil, writes David Campbell Bannerman for the East Anglian Daily Times.

We were told that Britain would lose out badly because it did not join and those of us who dared to point out its inherent weaknesses, were dismissed as cranks of the worst kind.

I take no pleasure in being vindicated by events when the issues at stake are so crucial. The collapse of the euro, which I predicted in an interview I gave to Russian television in March, is going to be damaging to us all.

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