Sunday 27 November 2011

Former Dutch Politician: The Euro Will Collapse, Get Ready For The 'Neuro'

 

Frits Bolkestein

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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