Jun 24: Eurozone faces breakup as two-speed economy emerges

Europe faces growing tensions as contrasting economic performances across the eurozone cause some members to question their membership of the currency union. Marie Diron, Senior Economic Advisor to the Ernst & Young Eurozone Forecast explains to Richard Edgar why southern countries are likely to see stagnation for up to a decade unless they adopt painful structural reforms while northern countries like Germany will see some growth, driven largely by exports.