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Eurozone Quote of the day
We must break up the eurozone. We must set those Mediterranean countries free.
While holding the eurozone together will be costly and difficult and painful for the politicians, breaking it up will be even more costly and more difficult.
Britain is not in the single currency, and we're not going to be. But we all need the eurozone to have the right governance and structures to secure a successful currency for the long term.
The current Eurozone is obviously dysfunctional. And serious people within Germany and elsewhere know this to be the case and know things cannot function this way forever.
The Greek people do not want to exit the euro, and I believe the Greek people already have shown that they have made major sacrifices to stay within the Eurozone.
Very serious mistakes were made by previous governments, and Greece was ready to be abandoned by its partners and to leave the eurozone, which would have created total catastrophe.
Europe is creating the flight of refugees that's tearing it apart politically, and leading rightwing nationalist parties to gain power to withdraw from the Eurozone.
The Eurozone die is cast. Countries must withdraw from the euro so that governments can create their own money once again, and resist creditor demands to carve up and privatize their public domain.
We are near, very near, to an end to the eurozone crisis... The worst - in the sense of the fear of the eurozone breaking up - is over. But the best isn't there yet.
The European Union that emerges from the Eurozone crisis is going to be a very different body. It will be transformed perhaps beyond recognition by the measures needed to save the Eurozone.