Germany 'prepared to let Greece leave eurozone'

Germany would be prepared to let Greece leave the eurozone according to remarks reportedly made by Chancellor Angela Merkel.

The comments reported in the German press come ahead of an election in Greece this month in which many expect the anti-austerity Syriza party to make significant gains.

It comes at a time when the euro has slid to a nine-year low against the dollar.

Russell Padmore reports.