Clegg brands Greek exit 'disaster for the UK'

clock

Deputy Prime Minister Nick Clegg will say no rational person would want to see Greece exit the eurozone today, warning the UK will suffer if the country leaves the single currency.

Clegg is due to make a speech at an engineering firm in Berlin today, where he will dismiss the notion that a Greek exit is in everyone's best interest, according to Telegraph reports. "No rational person interested in the wealth and wellbeing of Europe's citizens could advocate taking such a risk; not with Greece's future, or our own," Clegg's speech reads. Clegg will also brand Greek worries as a "dark cloud" hanging over Europe and warn that "the tree is falling and we are pruning one leaf at a time". Other MPs have already voiced their concerns. Yesterday Prime Minister David C...

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

Join now

 

Already an Investment Week
member?

Login

More on Investment

IA CEO calls for 'inclusive investment environment' to help UK adults tap into 'investment growth'

IA CEO calls for 'inclusive investment environment' to help UK adults tap into 'investment growth'

Urges boosting financial literacy

Sorin Dojan
clock 20 December 2024 • 3 min read
Outlook 2025: A year in review with Investment Week

Outlook 2025: A year in review with Investment Week

The IW team looks back at a bumper year

Investment Week
clock 20 December 2024 • 1 min read
Stories of the Week: BoE holds interest rates steady; Number of UK companies mulling moving their listing doubles; FCA launches consultation on private stock market

Stories of the Week: BoE holds interest rates steady; Number of UK companies mulling moving their listing doubles; FCA launches consultation on private stock market

Bank of England, FCA, and UK companies: The biggest stories from the world of investment and asset management this week

clock 20 December 2024 • 1 min read
Trustpilot