Eurozone faces doom no matter how hard France and Germany try to save it, warns top investment bank

‘The eurozone is likely to break up no matter how hard France and Germany try to save it, one of the world’s biggest investment banks is warning.
A senior employee at Bank of America Merrill Lynch says the single currency bloc has been gradually falling apart ever since it was formed almost 20 years ago.
Although several countries including Greece and Portugal received emergency bailouts during the financial crisis, richer countries like Germany have failed to redistribute wealth on a permanent basis to poorer countries in the eurozone.
London-based Athanasios Vamvakidis, who worked for the International Monetary Fund for 13 years before joining the US bank, said this has driven members apart and increased inequality.’
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