Tuesday, July 19, 2011

Britain and Euro

In this video British prime minister David Cameron shows his support for the euro zone while continuing the conservative position that it will and should not join.

Many wonder why Great Britain never joined the euro. Tony Blair always adamantly wanted it to but his Chancellor, and long time rival Gordon Brown would not stand for it. Now the Euro is in deep trouble due in part to the economic fall of Greece and Portugal strengthening the claim from those who supported the UK remaining on the pound system. There are current political tensions between the UK and the countries in the euro zone pertaining to the UK not contributing finically to the euro crisis.

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