Cameron to urge Merkel to act now on euro crisis

The Prime Minister, who flies to Berlin today, will tell the German Chancellor that Britain and the US fear delays in tackling the crisis could prove fatal to the currency's chances of survival, reports the Independent. Cameron is backing French calls for Eurobonds to be issued in order to allow Mediterranean countries to borrow at reduced rates. But the idea has run into strong opposition in Germany. Downing Street said yesterday the Prime Minister and US President Barack Obama have agreed on the need for an "immediate plan" to deal with the eurozone's chronic problems. Cameron's ...