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View Full Version : David Cameron blames UK double-dip recession on eurozone



AtW
29th April 2012, 22:22
http://static.guim.co.uk/sys-images/Guardian/Pix/pictures/2012/4/29/1335722768104/David-Cameron-On-The-Andr-008.jpg

David Cameron on Sunday held out the prospect of the UK economy being dragged down for years, as he predicted the euro crisis was "nowhere near half complete" and warned the single currency may yet break up. He also admitted efforts to move the UK economy away from dependence on the City and the public sector were not going fast enough.

Speaking at the start of a week of elections in Europe, including for the French presidency and the Greek parliament, Cameron's suggestion that governance of the euro is not yet resolved will anger the German chancellor, Angela Merkel, as she seeks to steady increasingly nervous markets.

Source: David Cameron blames UK double-dip recession on eurozone | Politics | The Guardian (http://www.guardian.co.uk/politics/2012/apr/29/cameron-double-dip-eurozone)

:rollin:

And I thought UK was better off by being outside of eurozone?!?!