The British prime minister’s comments are likely to infuriate eurozone leaders, who believe his commentary from the sidelines is unhelpful, not least because of Mr Cameron’s unwillingness to put money into a new EU bailout fund.
François Hollande, the new French president, has accused the British of treating the EU like a “self-service restaurant”; he is expected to meet Mr Cameron for the first time in Washington this weekend, ahead of a G8 summit.
Mr Cameron will back Mr Hollande’s proposals to boost European growth – including providing more British capital for infrastructure projects and small business lending - but he insists the eurozone must sort out its own problems.
"The eurozone has to make up or it’s looking at a potential break-up"
Mr Cameron believes it is better for Greece to remain in the eurozone and George Osborne, chancellor, has previously warned that it was “open speculation” about the future of the eurozone that was damaging the economy.
Downing St said that Mr Cameron felt it was all right to join the speculation since it had become a subject of open debate across Europe following the inconclusive Greek elections.
Britain’s central bank did not predict a break-up of the single currency area, but made it clear it was planning for many difficult contingencies whether the euro remained together or not.Page 2 of 3 | Prev Page | Next Page