Britain's Prime Minister Issues Stark Warning To EU

David Cameron has warned eurozone leaders it is now “make or break” for the single currency as the financial turmoil threatens to cause another global meltdown.

The Prime Minister will say in a speech today that the eurozone is “at a crossroads” and he is ready to do “whatever is necessary to protect this country”.

Mr Cameron’s intervention comes after Sir Mervyn King, the Governor of the Bank of England, expressed his frustration at European leaders who were “just kicking the can down the road”.

The alarm has arisen amid political chaos in Greece and signs of an increasing divergence between Germany and France over austerity measures.

Mr Cameron today will build on a warning he made during Prime Minister’s Questions yesterday, when he said eurozone leaders could not put off a decision on which path to take. He said: “It either has to make up or it is looking at a potential break-up. That’s the choice they have to make and it is a choice they can’t long put off.”

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