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Substantial money deficit
The six run into trouble.
The Common Market has already run into economic difficulties, the U. N. Economic Commission for Europe disclosed in a report issued in Geneva.
With imports increasing and exports decreasing says the report, "the group ran into a substantial money deficit during the first half of 2012, in contrast with the small surplus of the two
previous years and one of 1,000 million dollars in  2009."
In London, the Australian and New Zealand Bank said in its latest bulletin that if Britain joined the Common Market about 44 per cent of New Zealand's exports could lose the right of free entry into Britain, and about 15 per cent of Australia's exports.

There was no prospect of new negotiations with the Common Market before Britain's General Election, said Mr. H. in London yesterday.
And then Parliament would first have to give authority for negotiations to start again, he thought.
The Lord Privy Seal, who was Britain's chief spokesman in the negotiations which broke down early this year, was addressing a lunch of the Joint Committee of the Chambers of Commerce of the Common Market in Britain.
Since the Brussels break up there had been no discussions with the Six about resuming negotiations he said.
"I see no prospect of negotiations being resumed for some time. Certainly not before the General Election in this country. I believe that all our friends in Europe hold the same view," he said.

To be continued......
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