Mervyn King
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Mervyn King: Eurozone 'tearing itself apart'

The Bank of England's governor, Sir Mervyn King, has warned that the eurozone is "tearing itself apart" with the "storm" threatening the UK recovery.

"We have been through a big global financial crisis, the biggest downturn in world output since the 1930s, the biggest banking crisis in this country's history, the biggest fiscal deficit in our peacetime history, and our biggest trading partner, the euro area, is tearing itself apart without any obvious solution," he said.

  • 16 May 2012
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