Its not just the Greeks or Italians who some would say will suffer if they leave the eurozone, foreigners have investments in those countries too and they are pulling them out.

Georg Grodski, head of credit at Legal and General, told Today business presenter Simon Jack there is evidence that non-eurozone investors are taking an even more "bearish view" of the eurozone.

"They are worried that even German bonds will suffer", he said.

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