Osborne warns Eurozone that decisive action must be taken now
The UK government is becoming increasingly concerned about the situation in the eurozone and the fact that there does not appear to be the political will to address it. One government source complained to me earlier today that “unless they get their act together the eurozone are in danger of fiddling while Rome burns.” Tonight, in a major departure from Britain’s previous softly-softly approach to the issue, George Osborne is issuing a statement calling on the eurozone countries to take “decisive action” to “prevent market uncertainty doing real damage to the world economy.” The Chancellor calls on eurozone countries to: “…now set out in detail how they plan to expand
