GERMANY - Samy Chaar, chief economist of renowned private bank Lombard Odier, said he fears German Eurosceptics have the power to destroy the EU more than Italy does, due to it being the biggest funder of the bloc. Mr Chaar said should an anti-establishment Germany elect a leader with the same mindset, or even follow Britain’s Brexit lead, the EU would be finished. Speaking to German publication Watson, he was asked his thoughts on Italy being a “ticking time bomb”. He replied: “Honestly, I'm more worried about Germany than about Italy.” He added: “Europe needs Germany more than ever, a strong Germany, and a Germany ready to carry out reforms. The French want that, the Germans show them the cold shoulder. If we do not reform Europe, the Eurosceptics will take over - and destroy the EU. At some point, the Germans will also have to realise that they have to change something.”