Euro at risk of collapse, says Treasury watchdog

[discostu]

In the Daily Mail on line edition not sure if its in the Irish one

The Euro is at risk of collapse as economic crisis sweeps the continent, Britain’s independent Treasury watchdog warned last night.
‘General consensus’ is that currency unions ‘eventually fail’, Professor Steve Nickell, a senior member of the Office for Budget Responsibility, told MPs on the powerful Treasury Select Committee.
And the OBR’s chairman, Robert Chote, added: ‘We are not assuming a cataclysmic outcome for the eurozone but, as Steve said, monetary arrangements come and monetary arrangements go.’

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