“The Euro will collapse either totally or in part” – MEP

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.Bannerman thinks Greece should be aided, but it still might not save the Euro.“There does need to be a bailout for Greece. They are talking about a massive sum of €25 billion here. But the real problem of Greece might be bigger – the estimates say it might need as much as €55 billion by the end of this year. It's hard to come to any satisfactory agreement. We just think the Euro is not sustainable when you have a weak economy like Greece tied in to strong economies like Germany. It just doesn’t work,” he says.“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,” Bannerman adds.  RT