Monday, 24 October 2011

Cameron and Sarkozy in eurozone row

France, U.K. Spar on Role of Non-Euro Nations
Sarkozy tells Cameron to 'shut up' in euro clash
Germany and France go some way towards détente, as Sarkozy targets the bulk of his anger at 'interfering' UK Prime Minister
UK warns on sidelining non-euro nations
Asked if he found it frustrating to watch decisions being taken in the eurozone without being in the room, Cameron said: 'Well, no, I don't find it frustrating because I'm not in the euro and I don't want Britain to join the euro.'
He said Britain was a 'constructive' member of the European Union and added it was in London's interest that the eurozone overcame its debt crisis, which he termed 'crippling'.
'In order to get a British recovery, we need to get a eurozone recovery, too,' said Cameron.
However, he also said London would use any changes to the treaty to strengthen eurozone coordination as an opportunity to 'repatriate powers back from the EU' to Britain.
Britain and Denmark are the only EU countries that officially have an opt-out from joining the single currency but nations such as Sweden also show no sign of wanting to swap their national money for the crisis-hit euro.
'Right now in Sweden, the support for the Swedish currency has probably never been so high as it is now,' said Swedish Prime Minister Fredrik Reinfeldt.