Eurozone 'has 80% chance of losing the single currency in next decade,' claims think-tank

Daily Mail
"The financial crisis that has crippled Greece and Ireland will spread to other debt-ridden European countries in the New Year, according to the Centre for Economics and Business Research.Among those in the firing line will be Italy and Spain – the third and fourth biggest economies in the single currency bloc behind Germany and France.'We give the euro only a one in five chance of surviving in its present form for 10 years,' says CEBR chief executive Douglas McWilliams.The hard-hitting report also warns that Britain faces a tough 2011 as austerity measures bite."