In an interview, former Dutch politician Frits Bolkestein predicted the "inevitable" breakdown of the Euro.
He says Eurobonds would be a "disastrous" idea, saying...
"That means that the Netherlands must pay more interest. I have calculated that thing up to seven billion euros per year. Each year. We already have problems to eighteen billion cut in four years. "
And he says he would not "shed a tear" if Italy left.
Ultimately he sees the emergency of a "Neuro" comprise of Germany and other Northern European economies.
Read the full Google Translated story here >
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