Reuters: US Dollar Report: UPDATE 1-Cameron warns Europe over 'shoehorning' political union

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UPDATE 1-Cameron warns Europe over 'shoehorning' political union Jan 24th 2013, 10:29 Thu Jan 24, 2013 5:29am EST DAVOS, Switzerland Jan 24 (Reuters) - Prime Minister David Cameron warned European leaders on Thursday that any attempt to shoehorn countries into ever deeper political union was a mistake that Britain would not be a part of. "Countries in Europe have their histories, their traditions, their institutions, want their own sovereignty, their ability to make their own choices, and to try and shoehorn countries into a centralised political union would be a great mistake for Europe, and Britain wouldn't be part of it," Cameron told CEOs and investors in a speech at the World Economic Forum in Davos. Cameron's speech at Davos comes a day after he promised Britons a vote on quitting the European Union, saying the country would have a referendum by the end of 2017. "Britain is a major European player on all of the issues where Europe needs to act - being more competitive, fighting terrorism, combating climate change - we are right out there leading the arguments, making the arguments." "And that is the sort of political action that we need. But a centralised political union? Not for me, not for Britain," Cameron said.

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