Greece 'will be forced out' of euro says Deanne Julius

25 June 2012 Last updated at 08:13 ET Help

An American economist and former member of the Bank of England's Monetary Policy Committee claimed Greece will probably be forced out of the euro next year.

Deanne Julius, now chairman of the Chatham House think tank, said Greece was in an "unsustainable position" and banks would eventually stop giving bailout funds as she reckoned it would fail to keep up with repayments.

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