PM denies threat to UK banks
As banks in Spain were downgraded last week, concerns had been raised over the UK branch of Santander.But Mr Cameron said at a press conference in Chicago that all British banks “are well-regulated and capitalised”.
However, just a day after demanding eurozone countries come up with a contingency plan to prepare for a Greek exit, he was again critical of them. He said: “Not enough had been done to decisively resolve the eurozone crisis.”
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Hide AdThe Prime Minister said: “This is important to Britain, because 40 per cent of our exports are to the eurozone.”
And he added: “Staying silent is more dangerous than speaking out.”
Mr Cameron insisted that the UK government had made “constructive” comments.
But he added: “The truth is that the eurozone still hasn’t done enough to decisively resolve this crisis.”