Bank of England in blistering attack on eurozone leaders

Bank of England governor Mark Carney launched a blistering attack on the eurozone during a speech delivered in Dublin last night.

Mr Carney accused eurozone leaders of “timidity” in their attempts to revive the fortunes of the beleaguered single currency market.

“The currency union has been relatively timid in putting in place the policies and the institutions necessary to deliver sustainable prosperity for its citizens,” he said.