Britainâ„¢s treasury chief secretary warns against EU exit.
Britainâ„¢s chief secretary to the Treasury Danny Alexander has warned that economic recovery would be lost if the coalition government continues to suggest willingness to leave the European Union (EU).
Alexander, who is known for being a strong pro-European, said leading the EU should be considered by politicians instead of leaving the 27-nation bloc.
Moreover, he warned that economic recovery would be undermined by threats to leave the EU.
“Arguing for Britain to leave the EU at this time is not just irresponsible, but damaging to jobs and Britain too”, Alexander said.
Å“We need to complete the single market, open up energy markets, make e-commerce borderless within Europe,” he added.
Earlier this week, the US government warned British officials against a future exit from the EU, saying that Britain would exclude itself from an investment worth billions of pounds a year.
The warning comes in the wake of Prime Minister David Cameron’s visit to Washington, which was primarily intended as a joint promotion of the Transatlantic Trade and Investment Partnership (TTIP) with Barak Obama.
Cameron said the deal could bring £10 billion a year to the UK alone. However, it was overshadowed by a cabinet rebellion back in London, where cabinet ministers threatened to support a UK exit from the EU.
BGH/MOS/SSM/HE
This article originally appeared on: Press TV