cameron \moment of danger\ for global economy
Last Updated : GMT 05:17:37
Emiratesvoice, emirates voice
Emiratesvoice, emirates voice
Last Updated : GMT 05:17:37
Emiratesvoice, emirates voice

Cameron: \'Moment of danger\' for global economy

Emiratesvoice, emirates voice

Emiratesvoice, emirates voice Cameron: \'Moment of danger\' for global economy

London - Arabstoday

David Cameron has said the world economy is at \"a moment of danger\" as a result of the eurozone crisis. He told BBC political editor Nick Robinson there were \"serious clouds on the horizon\" and it was \"absolutely vital\" to stabilise the euro. After that was done, he said, there must be \"more on the growth front\" in the UK to get the economy moving. The PM also said safeguards were needed to protect UK interests if eurozone states begin closer integration. As EU finance ministers meet in Luxembourg to discuss the eurozone crisis, Mr Cameron told the BBC: \"I think it is a moment of danger. \"I think there are some very serious clouds on the horizon, chief amongst them is the problems in the eurozone where the French economy, the German economy have both stalled, and that is a real problem for the British economy. \"I think what we\'ve got to do is line up the problems. Dealing with the eurozone, that\'s absolutely vital, then we\'ve got to the look at the British economy and say look we\'ve got a deficit reduction plan, that\'s good, that keeps our interest rates low, but we need more on the growth front.\" Mr Cameron said he believed the chancellor\'s announcement on Monday about credit easing to help small businesses would make \"a big difference\". As the eurozone economic crisis shows no sign of abating, some of its 17 members have been talking about greater fiscal union to bolster the single currency in future and support weaker members. The PM said that while it was \"logical\" for countries using the single currency to move closer to a single economic policy, the UK and nine other EU states outside the eurozone would need \"certain safeguards\" to protect the single market. \"This is not some naive view that they go off on their way and we are intensely relaxed about it. There are safeguards we need and the Liberal Democrats completely agree with that,\" he said. Nick Robinson said the Treasury and Foreign Office were already discussing how to protect British interests, in areas such as the City of London and the single market, should there be a fundamental change in the shape of the EU. Mr Cameron is also facing calls from many of his MPs for a significant shift to the UK\'s relationship with Europe. Some want the UK to claw back powers from the EU while others are seeking a referendum on the UK\'s membership. The prime minister said: \"We mustn\'t get ahead of ourselves. \"There will be quite a fundamental change down the track as the eurozone countries come together as I think they have to, to try and make this single currency... work.\" He added: \"Right now let\'s deal with the problems and the issues people care about most.\" Deputy PM Nick Clegg, whose Liberal Democrats are the most pro-European of the three biggest UK parties, has said the eurozone crisis should not be used as a justification to radically alter the UK\'s relationship with the European Union. But the deputy prime minister has warned that allowing eurozone states to act against the interests of other EU members would create a \"divisive and weaker\" Europe. Amid growing calls for an \"in-out\" referendum about the UK\'s membership of the EU - and the prospect of a Commons debate on the issue later this year - Mr Cameron said he believed this was the wrong course of action. \"I don\'t think the choice the country really wants to address is \'in or out\',\" he told BBC Breakfast. \"I think the choice people would like is \'actually can we stay in this organisation because it is vital for our trade and economic future but can we change it?\"

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

cameron \moment of danger\ for global economy cameron \moment of danger\ for global economy

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

cameron \moment of danger\ for global economy cameron \moment of danger\ for global economy

 



GMT 10:18 2016 Wednesday ,23 March

cartoon seven

GMT 10:31 2014 Tuesday ,23 December

Mirages of failure: Lebanon cannot wait

GMT 12:53 2017 Wednesday ,01 February

Underlines opposition shock for the recent shift

GMT 17:49 2017 Friday ,22 September

Saudi-Bahraini fraternal relations hailed

GMT 09:10 2017 Friday ,22 December

Catalans vote in bid to solve independence crisis

GMT 04:04 2016 Sunday ,02 October

Hammond: Brexit deal should not harm economy

GMT 11:24 2016 Friday ,08 July

Japan satellite made 'surprise' find

GMT 11:03 2018 Tuesday ,23 January

No end to eyesores at Taj Mahal

GMT 19:34 2017 Friday ,17 November

NIHR: Bahrain land of tolerance

GMT 02:21 2017 Saturday ,07 October

UK is ready to seize 'incredible' Expo 2020

GMT 19:16 2014 Saturday ,16 August

3 core qualities employees need to excel

GMT 12:05 2016 Sunday ,30 October

Breast Cancer Awareness Exhibition

GMT 08:56 2017 Wednesday ,11 October

Baghdad to bypass Iraqi Kurdistan with oil exports

GMT 18:37 2017 Wednesday ,01 November

Federer survives scare to reach Basel semis

GMT 11:14 2017 Thursday ,21 December

Crew of three docks at International Space Station

GMT 10:42 2017 Sunday ,08 October

Leading Cambridge Institute research team open up

GMT 13:32 2016 Wednesday ,12 October

Climate change doubles US forest-fire burn areas
 
 Emirates Voice Facebook,emirates voice facebook  Emirates Voice Twitter,emirates voice twitter Emirates Voice Rss,emirates voice rss  Emirates Voice Youtube,emirates voice youtube  Emirates Voice Youtube,emirates voice youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

emiratesvoieen emiratesvoiceen emiratesvoiceen emiratesvoiceen
emiratesvoice emiratesvoice emiratesvoice
emiratesvoice
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
emiratesvoice, Emiratesvoice, Emiratesvoice