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Britain: the Euro Could Not Last

Wednesday, 22 June 2011 05:35

‘UK Treasury ministers have confirmed that the coalition government is dealing with potential plans for a Greek bankruptcy after warnings by Jack Straw that the euro could not last. Straw’s message came after the International Monetary Fund (IMF) said the world economy would be destroyed if IMF members did not aid the Greeks.’

Straw, the former Labour foreign secretary, warned that the euro “is going to collapse,” and said, “Is it not better that this happens quickly rather than a slow death?”‘

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