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David Cameron: German power threatens future of euro

From telegraph.co.uk

Mr Cameron issued a warning to eurozone leaders today that they need to take some ''pretty decisive steps'' if the single currency is to survive. The Prime Minister said he believed the ''most likely outcome'' was that the euro would hold together, despite the current debt crisis. But he stressed that in the longer term it was essential to address the ''fundamental competitiveness divide'' between the powerful German economy and the weaker southern states. ''I think that the most likely outcome is, yes, it will hold together but it has to take some pretty decisive steps,'' he told Sky News's Boulton & Co. ''There are ... (full story)

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