|
But Tories
-- who traditionally oppose delegating any more power to European Union
-- have resisted moves to get non-eurozone nations into any new fiscal pact, which leaves British politicians in the awkward position of shouting advice from the sidelines. In his article, Osborne called on eurozone members to offer more support to their weaker neighbors, adopt collective money-raising tools such as the proposed eurobonds, create a banking union, and engage in "much closer collective oversight of fiscal and financial policy." Foreign Secretary William Hague also chimed in Sunday, telling Sky News television that he wanted the eurozone "to take decisive measures to stabilize itself."
[Associated
Press;
Copyright 2012 The Associated
Press. All rights reserved. This material may not be published,
broadcast, rewritten or redistributed.
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