FX Week Europe: Eurozone break-up ‘inevitable’, says ECU currency chief

European Union map

Politicians will not be able to save the eurozone, which is irreversibly heading for break-up despite the relative stability achieved over the past 12 months, according to a senior European currency manager.

Speaking at the FX Week Europe conference in London this week, Michael Petley, chief investment officer and co-founder of the ECU Group, a specialist global macro and currency management firm, described the eurozone as the "single largest event risk" that will face both policy-makers and

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