Prime Minister David Cameron defends Britain’s decision not to take part of the euro . Prime Minister David Cameron met French President Nicolas Sarkozy in his first trip as a prime minister. He stated, “We were right not to join the euro and… right to stay out of the euro. But let me be absolutely clear, it’s Britain’s interests that the eurozone is a success, that the euro is a successful currency, that the eurozone economies recover.” He stated that the UK will “work well” together with the other nations and will play their part by sticking to a stability pact. He added, that since UK is not a member of the eurozone, that it must not bear the costs of any bail-out. As Prime Minister Cameron restated his concerns about the euro though he will keep Britain away from it, President Sarkozy asserted that the single currency proved to be a success.
The EU and the International Monetary Fund agreed earlier this month to a package worth 750bn euros to try to prevent the Greek crisis from spreading to other weak eurozone economies. German Chancellor Angela Merkel said last Wednesday that the euro was “in danger”, France’s economy minister said otherwise. Mr. Cameron also stated that they acknowledge their commitment to work together in ensuring success in a crucial year for the military campaign in Afghanistan and that together they would make joint efforts to pressure Iran in giving up their nuclear ambitions through harder United Nations sanctions. “From all the things we have discussed tonight, I think we can have a partnership that has a real purpose, that is very focused, that is very practical, that actually leads to results in the things that we both care about,” said the British Prime Minister.
Related posts:
- David Cameron’s visit to Nicolas Sarkozy and Angela Merkel
- The French President threatened to pull France out of the EU
- British Prime Minister David Cameron names Cabinet Ministers