Clegg: Let’s stick together

All eyes are on Berlin, where Angela Merkel is trying to convince her supporters in the Bundestag to vote through the expansion of the EFSF. She is expected to succeed, thanks to the votes of the social democrat opposition, which may prove to be the final nail in her political coffin. Markets in Paris and Frankfurt have made cautious gains so far  in expectation of Merkel winning the vote.

Elsewhere, Nick Clegg will give a speech in Warsaw about the future of the Eurozone and the European Union. His speech has been trailed in the Guardian.

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He will say: 

‘We cannot accept arrangements that would privilege the eurozone as a decision-making body over the European council. That is the surest way to rupture our union, undermining the huge strides that have been taken to secure cooperation between us, allowing walls to spring up even though we spent years knocking them down.