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UK calls on eurozone leaders to take action

08.08.11 @ 09:53

  1. By Lisbeth Kirk
  2. Lisbeth email

In an article for The Daily Telegraph, the UK Chancellor George Osborne said on Monday that the future of the euro is in jeopardy, with potentially "disastrous" consequences for Britain. He said member states must strengthen financial ties and urged Europe's finance ministers to develop a euro bond.