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Speaking on his way to Perth, Australia, for a Commonwealth summit, the Prime Minister also warned against the 17 eurozone nations colluding to undermine the European Union’s free market rules, according to the Telegraph.
He said: “London is the centre of financial services in Europe. It’s under constant attack through Brussels directives. It’s an area of concern, it’s a key national interest that we need to defend.”
GUARDIAN
EUROZONE CRISIS: SARKOZY SAYS GREECE WAS NOT READY TO JOIN EURO
Nicolas Sarkozy threatened to take the shine off a day of jubilation in financial markets at a deal to rescue the eurozone when he said it had been an “error” to allow Greece to join the euro a decade ago.
FINANCIAL TIMES
CHINA COULD PLAY KEY ROLE IN EU RESCUE
China is very likely to contribute to the eurozone’s bail-out fund but the scope of its involvement will depend on European leaders satisfying some key conditions, two senior advisers to the Chinese government have told the Financial Times.
