Britain blamed for euro turmoil over hedge fund curbs block

Britain's refusal to entertain eurozone curbs on highly speculative investment fund managers has cost Europe dearly, former Spanish prime minister Felipe Gonzalez said on Saturday.

"Look at the hedge funds decision that was put off" in March, Gonzalez told reporters after unveiling a two-year, million-euro report into the European Union's future 20 years down the line.

"Because of elections," specifically "the general election held the day before yesterday" across England, Scotland, Wales and Northern Ireland, "we have all seen more and more speculative attacks, which are going to continue apace," he said in Spanish comments relayed through EU interpreters.

For more: AFP: Britain blamed for euro turmoil over hedge fund curbs block