Saturday, November 20, 2010

British Foreign Secretary questions long term survival of the Euro

William Hague, the foreign secretary, has raised doubts about the future of the euro, saying it was impossible to know whether the currency would collapse.

The Foreign Secretary, a vociferous and long-standing critic of European monetary union, said he "hoped" that the euro would survive, but added: "Who knows?"

His comments came as talks continued about the possible need to bail out debt-ridden Ireland, the latest crisis-hit eurozone member.

Asked whether the euro could collapse, Mr Hague told BBC Radio 4's Today programme: "Well I hope not.
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