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Ex-commissioner questions survival of euro

Frits Bolkestein, the former EU internal market commissioner, has questioned the chances of survival for the euro in the long term.

Mr Bolkestein, who served in the previous Prodi commission from 1999 to 2004, predicted in a speech delivered on Wednesday (25 January) that the common currency will face a huge test in around 10 years, when a pensions boom is likely to hit Europe.

The ageing of Europe's population will hit the continent "ruthlessly," the outspoken Dutch politician ...

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