Page last updated at 10:41 GMT, Thursday, 17 May 2012 11:41 UK

Greek euro exit a 'clear possibility'

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Michalis Sarris, chairman of the Cyprus Popular Bank, tells Stephen Sackur that a Greek exit from the euro is not inevitable but is a clear possibility and that Cyprus is heavily exposed to Greek economy.

He also hopes that Greece will stay in eurozone by making some changes to spread the pain over a longer period.

You can watch the full interview on BBC World News on Thursday 17 May at 03:30, 08:30, 15:30 and 20:30 GMT and on the BBC News Channel on Thursday 17 May at 00:30 BST and on Friday 18 May at 04:30 BST.

Watch recent episodes online (UK only) or subscribe to our podcast Find out who is coming up on the programme by following us on Twitter .

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