Bloomberg News

Euro Crisis Doing ‘Real Damage’ to Economies, Osborne Says

October 22, 2011

Oct. 22 (Bloomberg) -- The euro-region debt crisis is going “real damage” to economies, British Chancellor of the Exchequer George Osborne told reporters today as he arrived at a meeting of his European Union counterparts in Brussels. “What we’re going to be arguing for is a comprehensive solution to this crisis. We’ve had enough of short-term sticking plasters that get us through the next few weeks,” he said. “It’s the single biggest thing that could boost the British economy this autumn.” Britain does not use the euro as its currency.

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