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Merkel warns Britain against European Union exit

From reuters.com

Germany's Angela Merkel on Wednesday warned Britain not to turn its back on Europe ahead of talks in London with Prime Minister David Cameron aimed at overcoming divisions that threaten to block a European Union budget deal later this month. Cameron has said he is ready to veto the EU's seven-year budget and has attacked its "ludicrous" spending plans, in comments likely to fuel a view among many in Europe that London is drifting away from the 27-nation union. German officials are exasperated by what they see as London's move towards Europe's margins, a feeling reinforced last week by the British ... (full story)

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