Head of European Central Bank Wants the UK To Be More European

British euroscepticism causing some worries

Mario Draghi, president of the European Central Bank, has called for the UK to be "more European" and said the continent's key institutions could face dissolution if the UK leaves the European Union.

In a speech to bankers in the City of London, Draghi said: "Europeneeds a more European UK as much as the UK needs a more British Europe."

He said he was not about to enter into a domestic policy debate but wanted to remind financiers of the "depth of interconnection" between the UK and Europe.