EURO COLLAPSE? Italy set to QUIT EUROZONE in final nail of EU coffin, warns top economist

Thursday, February 9, 2017
By Paul Martin

ITALY could be set to pull out of the Eurozone in what would be the final nail in the European Union’s (EU) coffin, Greece’s former finance minister has warned.

By JOEY MILLAR
Express.co.uk
Thu, Feb 9, 2017

Yanis Varoufakis said there was an “epidemic” among countries using the single currency, with Italy the next to fall foul of Brussels’ economic malaise.

He also said Brexit would “speed up” the break-down of the bloc – before making a dig at Jeremy Corbyn.

In a fiery interview, to be shown by Al Jazeera TV tomorrow, the economist let loose at the European Union, seven years after the union bailed Greece out in controversial circumstances.

He said: “The way we’re going I cannot see Italy remaining in the eurozone for very long.

“When you allow an epidemic to start spreading from a place like Greece to Spain to Ireland, then eventually it gets to a place like Italy.”

The 55-year-old, who served as finance minister during Greece’s debt crisis in 2015, went on to accuse the EU of attempting to destroy on of its own states.

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