2016-10-06reuters.com

Nobel Prize-winning economist Joseph Stiglitz predicted in a interview out on Wednesday that Italy and other countries would leave the euro zone in coming years, and he blamed the euro and German austerity policies for Europe's economic problems.

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"There will still be a euro zone in 10 years, but the question is, what will it look like? It's very unlikely that it will still have 19 members. It's difficult to say who will still belong," the paper quoted Stiglitz as saying.

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The break-up of the single currency or the division into a north euro and a south euro were the only realistic options for reviving Europe's stalled economy, the paper quoted him as saying.



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