Economist says membership of eurozone should fall to 10

A workable solution to the eurozone debt crisis would involve reducing the membership from 17 countries to about 10, says British economic historian Robert Skidelsky, who declined to say if Ireland should be part of this group.

“I have not seen any plan yet that will enable this structure [the eurozone] to go on.

“The plan that would enable the eurozone to survive is not politically viable,” said Mr Skidelsky in an address to the Institute of International and European Affairs yesterday.