“We believe the Euro will collapse either totally or in part. This is the first of a number of countries, it's not just Greece. They call them 'the pig states' – not a nice term, but they are, apart from Greece, also Portugal, Italy, Ireland, and Spain. Having a 44% unemployment rate among its young, Spain could well be next.”
As EU finance ministers are about to thrash out how they can help debt-stricken Greece, Member of European Parliament David Campbell Bannerman, from Britain's UK Independence Party, foresees the failure of the Euro.