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The euro is destined to break up and David Cameron was right to veto treaty changes at the Brussels summit, says Canterbury and Whitstable MP Julian Brazier.
He spoke out in Monday’s debate at in the House of Commons in which Mr Cameron sought to explain his approach at the summit to MPs.
"It must be said that David Cameron was absolutely right to veto the agreement," Mr Brazier told the Kentish Gazette this week.
"He went with modest demands and they were refused. This is all going to look very different shortly when the euro breaks up as surely it must."
Mr Cameron says he used Britain’s veto to block changes to the European Union’s Lisbon Treaty, which he argued would have allowed excessive intervention by Europe in the City of London’s affairs.
"Financial services are our largest single industry and employer and that is why we have to protect them," Mr Brazier added.
"But there is more to this. Some sections of the media are underplaying the fact that we are progressing to the break-up of the euro.
"It will happen in a few weeks’ time and everything will look very different then.
"There’s no growth in the euro countries, there’s a shrinking economy and the southern European countries are being crippled by the fact that they are tied to the same exchange rate as Europe."
Canterbury’s Lib Dem group leader Alex Perkins followed the debate and commented that the Coalition’s energy secretary looked "suicidal" during it.
Cllr Perkins added: "Apparently being in a coalition with the Tories means even the basic tenets of liberal democracy are no longer sacrosanct."