David Cameron will urge eurozone leaders to "make up or break up" today as he fears the euro unravelling will further dent the British economy.
The UK Prime Minister will urge European politicians to move towards fiscal and political union as the muddling through approach carries "huge risks for everyone". Cameron will speak to a business audience today but the FT has obtained some details of the speech. He will say: "The eurozone is at a crossroads - it either has to make up or it is looking at a potential break-up. "Either Europe has a committed, stable, successful eurozone with an effective firewall, well-capitalised and regulated banks, a system of fiscal burden sharing and supportive monetary policy across the eurozon...
To continue reading this article...
Join Investment Week for free
- Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
- Get ahead of regulatory and technological changes affecting fund management
- Important and breaking news stories selected by the editors delivered straight to your inbox each day
- Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
- Be the first to hear about our extensive events schedule and awards programmes