Tuesday, September 6, 2011

Cameron: 'Britain Will Stay Out Of Euro'

David Cameron has told MPs Britain will remain outside the Euro as long as he is Prime Minister.

Mr Cameron was giving evidence to the House of Commons Liaison Committee when he made the pledge.

He said it was in Britain's interests that the Eurozone "got its act together" while also protecting itself.

He told MPs: "We are not going into the euro, but our relations with the eurozone matter.

"We want a eurozone that works, that functions and functions better than it is at the moment.

"The Chancellor and I have both said that the logic of monetary union is a greater fiscal union and we see the eurozone countries moving in that direction.

"I don't think we should stand in the way of them making some progress."

He added: "I have always said there are some areas where Britain could benefit in taking some powers back from Brussels.

"But I think we are someway down the road from a treaty."

More to follow...

Source: http://uk.news.yahoo.com/cameron-britain-stay-euro-152540589.html

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