Angela Merkel damaging UK economic interest ! George Osborne accused Angela Merkel of damaging Britain’s economic interests after she speculated that Greece would leave the Euro.

Remarks made by George Osborne following  yesterday’s comments from Angela Merkel that Greece may be forced to leave the Euro if it refuses to implement the agreed spending cuts.

Opening speculation on the future of some Eurozone countries is destabilising the global economy.

Speaking after he arrived in Brussels for meetings with other European finance ministers about the worsening eurozone crisis, Mr Osborne implied that the German chancellor was destabilising the global economy.

“The eurozone crisis is very serious and it’s having a real impact on economic growth across the European continent, including in Britain, and it’s the uncertainty that’s causing the damage,” said Mr Osborne, the Chancellor.

“Of course countries have got to make difficult decisions about their public finances. We know that in Britain. But it’s the open speculation from some members of the eurozone about the future of some countries in the eurozone which I think is doing real damage across the whole European economy.”

Earlier Mrs Merkel had warned that Greece may be forced to leave the euro if it refused to implement spending cuts agreed with the European Union.

Raising the spectre of a Greek exit, she said “solidarity for the euro” was threatened by the ongoing political crisis in Athens.

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