Clegg Says Coalition Breakup Would Be Disaster for U.K. Economy
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U.K. Prime Minister David Cameron’s refusal to back a European Union accord has caused a rift with the Liberal Democrats as their leader, Nick Clegg, warned a breakup of the coalition would lead to “economic disaster.”
Clegg, the deputy prime minister, said he was “bitterly disappointed” by Cameron’s refusal to endorse a 27-nation pact to tighten budget rules at an EU summit in Brussels last week. Cameron will make a statement to lawmakers about the talks at 3:30 p.m. in London today.