Britain must help us save the euro, warns French PM | The Times
France will urge Britain today to back deeper European integration in order to save the euro, or face catastrophe for its own economy if the currency fails.
François Fillon, the Prime Minister, told The Times that he is taking his message to David Cameron at talks in London that come after a day of respite for the embattled currency.
Portugal, the latest euro state under pressure after Greece and Ireland, successfully raised €1.25 billion (£1 billion) from the markets, slightly easing its debt emergency.
“Europe finds itself at an historic turning point. The real question right now is whether we keep building on this adventure or whether we leave it at that,” Mr Fillon said.
“In order to consolidate the euro we will need gradually to harmonise our economic, fiscal and social policies, hence we are going to go towards greater integration.
“We are going to need to put in place an economic system of governance for the eurozone. Great Britain is not part of the eurozone; at the same time the decision we will take will have great importance to Britain.”
Mr Fillon warned that the British must be careful not to find themselves left behind. “I am sure the UK has its own dynamics and history, I am sure it has its own culture, its own economic assets,” he said.
“The question is: is the UK ready to accept or encourage greater integration of the eurozone or is the UK distrustful of that and will it create obstacles and make it more difficult to happen?”
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