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Former Labour foreign secretary Lord Owen has called for the UK to leave the EU, saying Britain鈥檚 exit is a way of getting a "restructuring of Europe" which is "badly needed".

"The eurozone is much too large and there are a number of countries in it that will not be able to be sustained in it," Lord Owen told the Today programme.

"The eurozone needs to be smaller, it鈥檚 laws need to be changed and outside we need to have a much wider European trading arrangement," he said.