One Nation Could Leave Euro, Says BoE’s David Miles

One Nation Could Leave Euro, Says BoE’s David Miles

There is a risk that one eurozone states could leave the single currency bloc, Bank of England policymaker David Miles said in an interview broadcast on ITV late on Wednesday.

„I don’t think any of us can feel confident one way or another about whether all the countries that are currently in the euro zone will still be in it,“ he said.

Frank Schaeffler, of the junior coalition partner Free Democrats (FDP), said: „The debt crisis is burrowing ever deeper, like a worm, and is now reaching Germany.“

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