Tags: UK | Cameron | Eurozone

UK's Cameron: Eurozone Will Most Likely Survive

Monday, 09 January 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.

© 2019 Thomson/Reuters. All rights reserved.

1Like our page
Monday, 09 January 2012 09:20 AM
Newsmax Media, Inc.

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