Eurozone may not survive till 2013, conclude analysts from Center for Economics and Business Research (CEBR).

They point out that member-states’ readiness for financial assistance to their counterparts is decreasing.
Strengthening of the euro and reduction in government spending will be significant obstacles to economic recovery in southern Europe. Thus, the gap between periphery and core of the euro area will expand, says CEBR. At the same time discontent regarding assistance to countries facing financial difficulties will grow in Germany, which is eurozone’s largest economy, reports Interfax.