The eurozone is doomed unless Germany agrees to underwrite the debts of struggling members, Tony Blair has warned. The former prime minister said the problems were now so serious that a "grand plan" was the only way to prevent a break-up. However, he also suggested that Britain could still join the single currency area if it stabilised. The intervention came as EU leaders prepare for a crunch summit this week that could determine the fate of the eurozone. The difficulties intensified when it emerged that newly-elected Greek Prime Minister Antonis Samaras will miss the event after undergoing eye surgery. Speaking on the BBC's Andrew Marr show, Mr Blair said: "The only thing that will save the single currency now is in a sense a sort of grand plan in which Germany is prepared to commit its economy fully to the single currency. Source: The Coming Crisis
