Tags: UK | Cameron | Eurozone

UK's Cameron: Eurozone Will Most Likely Survive

Monday, 09 Jan 2012 09:20 AM


The eurozone will most likely hold together but still has to take decisive action to resolve its debt crisis, British Prime Minister David Cameron said on Monday.

Asked if he thought the eurozone would remain intact, Cameron told Sky News: "I think the most likely outcome is yes, it will hold together, but it has to take some pretty decisive steps."

These included short-term "sticking plaster" steps such as a proper firewall to prevent contagion around Europe and a much more decisive settlement for Greece, he said.

"The longer term is you've got to address the fact there's a lack of competitiveness between Germany on the one hand and many of the southern European countries on the other," he said.

© 2015 Thomson/Reuters. All rights reserved.

Around the Web
Join the Newsmax Community
Please review Community Guidelines before posting a comment.
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
Zip Code:
Privacy: We never share your email.
Hot Topics
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
Around the Web
Top Stories
You May Also Like

Mali's Islamists Withdraw Cease-Fire Pledge

Friday, 04 Jan 2013 13:06 PM

Tens of thousands of Fatah supporters rallied in the Hamas stronghold of Gaza on Friday for the first time since they we . . .

Fmr. CIA Director Hayden: Iran Nuclear Crisis Gets 'Scarier'

Tuesday, 17 Jul 2012 18:11 PM

 . . .

Join Fmr. CIA Director for Special Iran Briefing, Assess the Danger

Friday, 13 Jul 2012 12:27 PM

 . . .

Most Commented

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

America's News Page
©  Newsmax Media, Inc.
All Rights Reserved