PM sees the positives in the eurozone crisis

Whilst acknowledging that it would not benefit Britain to leave the EU itself, David Cameron announced last night that the current eurozone crisis may present an ideal opportunity for the country now to regain some of the powers which it has seen passed to Brussels.

Some members of the Conservative party would welcome an exit from the EU altogether, but Cameron believes that rather, a renegotiation of membership, and the emergence of a more ‘outward looking’, ‘flexible’ and ‘diverse’ EU is what Britain and the other 26 member states require.

The current crisis, he believes, is an opportunity for change; an opportunity to ‘begin to refashion the EU so it better serves this nation’s interests’ and ‘for powers to ebb back instead of flow away and for the European Union to focus on what really matters to underpin prosperity, stability and growth’.

His urge for reform is fuelled by what he sees as the need for Europe, a ‘continent in trouble‘ which is falling behind other economic powers, to become more competitive. And the reason he wants Britain to stay in the EU is because it holds more power by doing so, than by becoming a standalone nation.

Using Norway as an example of a country which is forced to adhere to the rules governing the single market made in Brussels but with no influence over how those rules are made, Cameron said it was not in the national interest to leave the EU.

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