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Cameron blocks European bailout from UK taxpayers

BRITISH taxpayers will not be asked to bail out ailing banks in Greece and Spain, David Cameron said last night as he accepted the eurozone crisis would result in greater integration among its members.

However, if the UK's relationship with Europe is to change in the months and years ahead, it remains unclear whether or not this will necessitate a referendum and on what terms.

During a visit to Berlin for talks with German Chancellor Angela Merkel, the Prime Minister stressed how he wanted the euro to succeed so that the EU could return to "healthy growth" and he acknowledged there was now "no doubt" the 17-member eurozone would move towards closer fiscal union.

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