EU has made UK economy more dynamic, says Bank of England chief | Politics | The Guardian

EU has made UK economy more dynamic, says Bank of England chief | Politics | The Guardian:

"Mark Carney, the governor of the Bank of England, has said that EU membership opened up the UK economy and made it more dynamic, but also left it more exposed to financial shocks.

In an intervention likely to be seen as strengthening David Cameron’s hand as he prepares to enter negotiations with Britain’s EU partners, Carney challenged the prime minister to demand “clear principles” to safeguard Britain’s interests outside the euro, as he warned that botched European integration could threaten financial stability.

Carney, speaking in Oxford on Wednesday evening, said Britain was possibly “the leading beneficiary” of the EU’s single market, and that being in the bloc had been one of the drivers of its strong economic performance in the four decades since it first joined."



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