Angela Merkel Threw Down A Huge Ultimatum To David Cameron | ||
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German chancellor Angela Merkel has reportedly warned British prime minister David Cameron that she would end her support for Britain staying in the European Union if Cameron attempted to restrict immigration within Europe. According to the German news magazine Der Spiegel, sources in the chancellor's office and the German foreign ministry said that Merkel considers any changes to the freedom of movement rules as leading the UK down a "point of no return." In question is Cameron's proposal to put a cap on low-skilled migrants from the rest of the EU, which comes largely under pressure from the anti-European UK Independence Party (UKIP). The immigration restrictiction violates the basic principle that allows members of the EU to live and work in an EU state, Merkel has reportedly argued. The Guardian quotes the senior Tory MP Ken Clarke as saying on the BBC's Sunday Politics: “Not only is that one of the principles of the EU, it’s the basis of any serious single market. The Norwegians, who eurosceptics admire, they accept the free movement of labour. They’ve got a bigger proportion of other EU nationals in their country compared with their own nationals than we have. A Downing Street official would not confirm or deny Der Spiegel's report said: “The prime minister will do what is right for Britain as he has repeatedly made clear." According to the Financial Times, a spokesman for Merkel said: “Everything there is to be said on the part of the federal government, on the question of immigration, has been said by the chancellor at her press conference in Brussels.” Join the conversation about this story »  | ||
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Spain's Factories Hold At 4- Month High | ||
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Spain's manufacturing output is at a 4-month high. That's according to Markit's purchasing managers' index (PMI), a commonly used survey for measuring the strength of a country's business activity, before official figures come out. The figure stayed at 52.6 for October, the same as in September. Any figure over 50 indicates that a sector is growing. Here's how Spain's figure has moved with the country's industrial production over time:
SEE ALSO: Spain's GDP Slows By A Hair Join the conversation about this story »  | ||
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