Cameron: EU needs to cut regulation for businesses

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As EU leaders gather in Brussels for a 2-day summit, UK’s Prime Minister David Cameron told reporters waiting outside the EU Council building that excessive regulation for businesses must be cut ‘to create jobs and growth’ and be ‘competitive’

The digital single market will dominate the EU’s pre-summit agenda, with discussions being spiced up after revelations of deep US spying on France. Other issues on the agenda include immigration policies following the Lampedusa tragedy, banking union and the social dimension for the Economic and Monetary Union (EMU).

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