Professor Terrence McDonough:

I have to say that at the moment, I am not. There are two different questions. Was the euro a good idea? Absolutely not. Is it extraordinarily difficult to think about how one might approach that and move to the other side of the problems which that has created, that is, should we leave the euro? We need to be thinking about that. I would not say we should leave the euro as definitively as I would say that entering the euro was a mistake.