Cameron says eurozone must 'make-up or break-up'

[Chippiewill]

The eurozone must decide soon whether it wants to stay together or break-up, David Cameron has told MPs.

The comment comes amid frustration within government that Eurozone leaders have failed to tackle the crisis.

Bank of England governor Sir Mervyn King has warned the euro area poses the greatest threat to the UK recovery.

And on Monday Chancellor George Osborne said uncertainty over Greece's membership of the euro was damaging the whole European economy.

At Prime Minister's Questions in the Commons, David Cameron said the single currency area had a clear decision to make about its future.
http://www.bbc.co.uk/news/uk-politics-18088918

Probably trying to please euroskeptics for another couple of months whilst he deludedly waits for the situation to fix it self. However the points they make are not wrong.

[GommeInc]

It's quite interesting reading articles based on the Euro and the Eurozone that seem to frequent the Guardian and the BBC lately. It's going to haunt them for a very long time these problems, they will never go away. They may as well call the project to an end, before other countries have to pay over the odds just for the privilege of not being in it anymore.

[-:Undertaker:-]

Mr. Cameron says this and then throws billions of our cash at this complete disaster. Besides, Mr. Cameron ought to keep his mouth shut because when the house of cards eventully falls down (which it almost certainly will), who do you think the Eurozone will blame? themselves for attempting a monetary union before fiscal and political union which has failed everytime in history in the past? certainly not, it'll be those British/Anglo-Saxons 'talking down' the Euro or they'll simply blame us for not joining as if that somehow would fix the core structual problems of a project without anything holding it together.

Yet more worthless rhetoric from a party which pretends to be pro-independence.

[-:Undertaker:-]

To add on quickly..


'I think within the next 10 to 15 years the eurozone will split apart. The British government, on balance, should stay out of it.'

Milton Friedman, Financial Times, 6th June, 2003