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Eurozone 'cannot last', says Straw

The euro is heading for collapse because of the crisis in Greece, and a speedy demise may be better than a "slow death" for the single currency, former British foreign secretary Jack Straw warned yesterday.

Mr Straw became the most senior UK politician to say that the eurozone "cannot last", as he urged ministers in the House of Commons to prepare Britain for "alternatives" to the European single currency.

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