The eurozone's economic recovery does not look sustainable because banking lending is still on the decline, according to the chief investment officer of GHC Capital Markets.

John Clarke also said the recovery is too skewed towards the powerhouse German economy.

He made the comments in an interview with IBTimes UK, in which he also raised concern about the current sustainability of the recovery in the UK and when interest rates are going to rise again.

Watch the video for the full interview.