Shadow Chancellor Johnson Says `Concerned About Contagion' in the Eurozone

Alan Johnson, Treasury spokesman for the U.K. opposition Labour Party, supports the coalition government’s decision to lend money to Ireland and said he was worried about the future of the eurozone.

“I am concerned about contagion, about what’s happening in Spain and Portugal,” Johnson told the BBC’s “Andrew Marr Show.” “We should be worried about the eurozone. This is happening at the same time we’re still feeling the effects of the global economic crisis.”

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