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Britain cannot 'gamble' with EU membership

European Flag

Britain must realize the "economic reality" of staying in the European Union (EU) and move away from "emotional" debates about membership, the head of a manufacturers' group told CNBC on Monday.

Germany blamed for banking reform delays

Angela Merkel Close Up

The two-week political stalemate in Washington might be dominating the headlines, but across the Atlantic, euro zone ministers have been wrangling over a vital piece of financial regulation for months.