Ex-Buba's Pohl sees euro threat

Karl Otto Pohl, a former president of the Bundesbank, has said that he believes countries are considering quitting the eurozone and that German politicians are concerned that they will end up shelling out for any member's debt defaults.

Pohl, who was regarded as a reluctant supporter of the euro, told Sky News, a broadcaster: "I think there are countries which are considering whether to leave the eurozone but this is not possible. It would be very expensive. The exchange rate would go down

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