Greenspan: Eurozone could collapse without political union

alan-greenspan-now
Alan Greenspan

Without political union it is "very difficult to foresee the eurozone holding together", according to Alan Greenspan, who believes it is "just a matter of time" before Greece becomes the first member to leave.

Greenspan, Federal Reserve chair between 1987 and 2006, told BBC Radio 4 the present "crisis" cannot be resolved without Greece leaving the monetary union, in an interview broadcast yesterday.

"I do not see that it helps them to be in the euro, and I certainly do not see that it helps the

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.