Euro collapse 'possible' amid deepening divisions over bail-out - Telegraph
"Under questioning from MPs on the Treasury Select Committee, Stephen Nickell, a member of the Office for Budget Responsibility (OBR) and a former Bank of England rate-setter, said a collapse of the single currency was 'a possibility'.
Asked more broadly about the sustainability of currency unions, he added: 'The general consensus is that sooner or later they fail for one reason or another – but that doesn't mean to say it always happens.'"
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