POLITICS

Godfrey Bloom, UKIP MEP, Warns Of 'Voldemort' Eurozone Break-up

21/08/2013 16:10 BST
PA
File photo dated 24/10/12 of UKip MEP Godfrey Bloom who has been caught on camera saying Britain should not send aid to bongo bongo land, claiming the recipients lavishly spend the money on luxuries.

The prospect of the Eurozone group of countries breaking apart, brought about by "criminal" behaviour from politicians, is the "economic equivalent of Voldemort from Harry Potter," senior UKIP MEP Godfrey Bloom warned.

Speaking to the Huffington Post UK, UKIP's economic affairs spokesman said: "The reality is that Greece, Spain, Portugal, Ireland and many other Euro zone countries are bankrupt."

"This is due to criminal behaviour by politicians and central bankers pursuing a political ideal. Euro break-up is the economic equivalent of Voldemort from Harry Potter. We dare not speak its name, but the Dark Lord is with us none the less."

Bloom's blunt remarks come as the president of Germany's central bank has warned against the "recklessness" in talking up the prospect of countries having to break out of the eurozone group.

Speaking to the German monthly Capital, Bundesbank president Jens Weidmann said: "What vexes me is how recklessly people invoke such a scenario. An exit from the euro would have grave consequences for the countries affected, as well as for everyone else.

"Monetary union is not some sort of club, which you can easily quit and then quickly sign up to again.

"Whoever suggests it underestimates the interconnectedness of the different eurozone economies. An exit would also have far-reaching consequences for our banks and companies."

Weidmann's call for calm in discussing the fate of the Eurozone as German finance minister Wolfgang Schaeuble predicted that the debt-ridden Greece would need "another bailout" in order to balance its books.