Certainly, the crisis in the eurozone is hitting all those involved, and that includes citizens in the UK. As said, Treasury Minister Danny Alexander
“Of course the situation in the eurozone is very serious, it’s one that has an effect on business confidence here.” He continued to say, “After all, three million jobs in the UK depend on our trade with the European Union, and those people and those businesses are affected by the uncertainty.”
He pointed out that the G20 summit in France definitely helped to create some positive steps to boost the global financial picture.
Earlier in the week, Prime Minister David Cameron warned that the British economy is getting worse “every day” for as long as the euro crisis doesn’t see a resolution. He told European leaders that there is no longer time to wait for a rescue package.
As Mr. Alexander continued,
“The most important thing we can do as a responsible global leader is to work alongside the Americans, alongside the Chinese and others, to put maximum pressure on the euro zone including Greece to take responsibility for sorting out the problems that they have and take our own responsibility for ensuring there is the kind of global bazooka to sit alongside the European bazooka.”