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CBI comments on outcome of EU summit

The CBI today commented on the outcome of the EU Summit in Brussels.

John Cridland, CBI Director-General, said:

“The mist is still clearing on the implications of the new treaty. New fiscal rules seem to be coming together but the all-important question of lender of last resort does not seem to have been resolved yet. The markets will decide if what has been done over the last two days is enough.

“The politics of this issue are clearly complex and we look forward to the Prime Minister’s full statement in the House.”

 

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