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The British parliament as seen across the river Thames. Hoban: 'I am not going to comment on whether the eurozone will remain intact' (Photo: Paul Vallejo)

UK treasury pondering death of the euro

The UK's treasury minister has - during a cut-and-thrust debate in parliament - admitted that London is preparing for a potential break-up of the eurozone.

The 47-year-old junior minister made the controversial comments while under fire from Conservative Party MPs and opposition Labour Party members in Westminster on Monday (20 June) about the implications for the British economy if Greece goes bust.

He began by saying: "I am not going to engage in speculation on what might or mi...

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Author Bio

Andrew Rettman is EUobserver's foreign editor, writing about foreign and security issues since 2005. He is Polish, but grew up in the UK, and lives in Brussels. He has also written for The Guardian, The Times of London, and Intelligence Online.

The British parliament as seen across the river Thames. Hoban: 'I am not going to comment on whether the eurozone will remain intact' (Photo: Paul Vallejo)

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Author Bio

Andrew Rettman is EUobserver's foreign editor, writing about foreign and security issues since 2005. He is Polish, but grew up in the UK, and lives in Brussels. He has also written for The Guardian, The Times of London, and Intelligence Online.

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