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Think tanks predict Euro withdrawals

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The small, debt-ridden countries on the fringes of the European Union will soon start dropping out of the Euro, according to a new report by two economic think-tanks from both sides of the Atlantic.

The experts predict that the staggering £70bn bail-out of Ireland, underwritten by UK taxpayers, agreed at the weekend is doomed to fail.

One of the beleaguered so-called PIGS (Portugal, Ireland

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