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Greek debt crisis: Straw says euro facing 'slow death'

20 June 2011 Last updated at 16:29 BST

Former Foreign Secretary Jack Straw has said the euro is facing a "slow death" as the Greek debt crisis worsens.

The Labour MP said the eurozone "cannot last" in its current form and the UK government should prepare for its potential collapse.

He was speaking as MPs discussed the prospect of a fresh bailout of the Greek economy.