- Finland’s foreign minister believes collapse is ‘only a matter of time’
PUBLISHED: 06:47 EST, 17 August 2012 | UPDATED: 07:37 EST, 17 August 2012
Eurozone leaders must prepare for the break up of the single currency, the Finnish foreign minister has said.
In an attack on the faltering Euro, Erkki Tuomioja said the that other countries were planning for a collapse.
The senior politician warned that there was only a limited amount of time that rich smaller countries such as Finland could continue paying for profligate southern neighbours.
Criticism: Finnish foreign minister Erkki Tuomioja, left, said he does not trust Mario Draghi, President of the European Central Bank (ECB)
And in a stinging personal attack on ECB boss Mario Draghi, he said he ‘did not trust’ the clique of leaders pushing for fiscal union.
The incendiary comments will stoke tensions with other eurozone leaders who will meet in October to consider Greece’s finances.
And British politicians whose calls for independence from the European Union are likely to seize on the calls from a leading figure for a break up