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Expulsion but not withdrawal from the euro is 'conceivable' (Photo: Images_of_Money)

Brussels: 'No one can leave the euro'

The European Commission on Thursday (8 September) insisted that no member of the eurozone can leave the single currency after Germany and the Netherlands suggested publicly for the first time that such an extreme move should indeed be considered.

However, a European Central Bank legal study from 2009 argues that while voluntary withdrawal is legally not possible, expulsion remains "conceivable".

Responding to suggestions both from Germany and the Netherlands that countries that do...

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