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Cameron speech – going down like cold moussaka
Political editor Gary Gibbon blogs on the less than positive reaction to David Cameron’s interventions on Europe.
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Political editor Gary Gibbon blogs on the less than positive reaction to David Cameron’s interventions on Europe.
It was a far bolder speech than I expected from the PM to the capital of capitalism. He described himself as a “monetary radical”, which is a reference to the £275 billion of QE, and presumably the soon-to-be launched credit easing policy. It was a contrast with the European Central Bank and its lack of bazooka.
Angela Merkel and Nicolas Sarkozy are meeting to discuss ways to boost growth in eurozone states struggling to overcome the sovereign debt crisis and rising unemployment.
Britain faces a difficult year in 2012, says the prime minister in his new year’s message – but he pledges the coalition government will do “everything it takes” to get the country up to strength.
“An EU-wide Robin Hood Tax – which John Major called a “heat-seeking missile” pointed at the heart of the Square Mile (surely it should have been an arrow?) – does now appear to have stalled on the launchpad.”
David Cameron should enjoy his moment of acclamation from his backbenchers on Monday because it is going to be extremely difficult to give them another such moment for the lifetime of this parliament.
As Conservative backbench MPs welcome David Cameron home from Brussels after his decision to veto EU treaty changes, is the euro actually any closer to being saved?
It looks to many here in Brussels like a flick of the tail from someone heading for the exit. He’s got his work cut out convincing them otherwise, writes Channel 4 News Political Editor Gary Gibbon.
Imagine the scene: it is midnight in Brussels on Thursday night. Word reaches Washington that the entire euro deal is hanging in the balance because David Cameron is wielding his veto until he gets some asymmetrical guarantee that protects the City of London. David Cameron could expect a rocket from President Obama that would put the big bazooka to shame.
When David Cameron travels to Berlin to meet Chancellor Merkel, top of the agenda will be coaxing the European Central Bank in Frankfurt to act as last resort lender to the Eurozone’s troubled nations reports Economics Editor Faisal Islam.
When your PM comes away from a summit intended to sort out problems talking about “contingency planning” for some kind of Eurozone disaster you get the impression things didn’t go too well. Political editor Gary Gibbon reports from the G20 in Cannes
As EU leaders meet in Brussels to agree a debt rescue deal, Channel 4 News is told that Germans believe Chancellor Angela Merkel is “out of her depth”.
David Cameron warns that any attempt to repress anti-government protests in Egypt will “end badly” for Egypt and the world.
David Cameron says he has won the backing of France and Germany for a freeze in the European Union budget from 2013 to 2020.
David Cameron discussed human rights issue on the last day of his trade delegation in China. China Analyst Paul French looks at whether business has triumphed over ethics – again.