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European Council

Yes, it is in the interests of the United Kingdom. Fifty per cent. of our exports go to the EU and 40% go to eurozone countries. We want the eurozone to be sustainable and strong, and it has issues that it needs to sort out, so we do not stand in the way when eurozone countries want to do more together, as they are doing through the euro-plus pact. I still think that there is a big question mark about whether they are really gripping some of the issues that they need to resolve, but none the less it is in our interests, and that is why we are playing such a constructive role in it.