Merkel, Cameron try to resolve clashing views on euro zone crisis

German Chancellor Angela Merkel and British Prime Minister David Cameron will try to resolve clashing views on the euro zone crisis on Friday, after Berlin accused London of being selfish about Europe in comments that touched off British sensitivities about German bossiness, the Reuters reports.

The outlines of a potential deal became clearer ahead of the Berlin meeting as the Financial Times reported that Cameron would be prepared to back Merkel's plans to strengthen economic union in the eurozone, on condition he wins safeguards to protect the City of London from European legislation.

Cameron will restate his opposition to a Franco-German proposal for a so-called Tobin tax on financial transactions, which Britain believes would have a withering effect on its financial district, the FT said in an unsourced report.
A British government spokesman said he was unable to comment on the report.