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dipsydoodle Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Dec-09-11 03:40 AM
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David Cameron vetoes EU-wide treaty change
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Edited on Fri Dec-09-11 03:47 AM by dipsydoodle
Source: BBC News

David Cameron has vetoed EU-wide treaty changes to tackle with the eurozone crisis, saying they were not in the UK's interests.

A new "accord" setting out tougher budget rules will now be drawn up by eurozone countries. As well as the UK, Hungary looks set to stay outside it.

Sweden and the Czech Republic will consult on the deal.

UK Foreign Secretary William Hague said the move was "very sensible" and would not leave the UK isolated.

Read more:

David Cameron has blocked a crucial EU treaty deal and now faces virtual isolation as 23 of the 27 nations forge ahead to thrash out plans for tougher central control of eurozone tax and spending.

Eurozone countries go it alone with new treaty that excludes Britain.

Britain is facing isolation in Europe after David Cameron vetoed a revision of the Lisbon treaty, prompting a majority of EU members to agree to draw up their own deal outside the architecture of the union.

In one of the most significant developments in Britain's 38-year membership of the EU, the British prime minister said early on Friday morning he could not allow a "treaty within a treaty" that would undermine the UK's position in the single market.

PM finally gets tough with Europe: David Cameron vetoes new treaty to save the euro and hand more power to Brussels.

Only UK and Hungary certain to stay out of new grouping - and Sweden and Czech Republic may join them in two-tier EU

After 10 hours of talks 17 Eurozone members and six other countries decide to go ahead with a 'fiscal pact'

PM defiant as he declares: 'I had to pursue Britain's interests... I effectively wielded the veto'

French President Sarkozy says Cameron's demands were 'unacceptable'

Read more:

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  -David Cameron vetoes EU-wide treaty change dipsydoodle  Dec-09-11 03:40 AM   #0 
  - Britain was left isolated this morning...  Ghost Dog   Dec-09-11 04:05 AM   #1 
  - Deleted message  Name removed   Dec-09-11 05:14 PM   #26 
  - UK refuses to re-regulate its financial sector. Great. k&r n/t  Laelth   Dec-09-11 04:18 AM   #2 
  - Did the lack of regularisation cause the sovereign debt crisis ?  Stella_Artois   Dec-10-11 12:00 PM   #29 
     - It wasn't London  dipsydoodle   Dec-10-11 12:34 PM   #32 
  - I was just in America recently  FunkyLeprechaun   Dec-09-11 04:52 AM   #3 
  - I think Sarkozy is right that deregulation of the financial sector was responsible  muriel_volestrangler   Dec-09-11 05:26 AM   #4 
  - Well to be perfectly fair...  Spider Jerusalem   Dec-09-11 05:38 AM   #5 
  - It wasn't just our deregulation  dipsydoodle   Dec-09-11 05:42 AM   #6 
  - The Euro currency is a potential sinking ship  FunkyLeprechaun   Dec-09-11 06:12 AM   #8 
     - Croatia joins the European Union 2013  dipsydoodle   Dec-09-11 06:15 AM   #10 
  - I not sure it did.  Stella_Artois   Dec-10-11 12:02 PM   #30 
     - The Greek problem could have been contained, if it was just them  muriel_volestrangler   Dec-10-11 12:21 PM   #31 
  - Why did we never join the Euro?  T_i_B   Dec-09-11 06:26 AM   #12 
  - Fog in Channel - Continent Cut Off  Bosonic   Dec-09-11 06:12 AM   #7 
  - Interesting.  Berlin Expat   Dec-09-11 06:19 AM   #11 
  - 9 EU countries ready to draft new treaty on fiscal union  Bosonic   Dec-09-11 06:32 AM   #13 
  - Sweden and Czech Republic have not decided  dipsydoodle   Dec-09-11 06:38 AM   #14 
  - Right decision, but for the wrong reason...  JCMach1   Dec-09-11 06:14 AM   #9 
  - Allow for the fact  dipsydoodle   Dec-09-11 06:42 AM   #16 
  - My view precisely  fedsron2us   Dec-10-11 11:16 AM   #27 
  - One other thing to remember here....  T_i_B   Dec-09-11 06:40 AM   #15 
  - It is a necessary to eject the UK in order to cure Europe of the Thatcher/Reagan disease  FarCenter   Dec-09-11 10:14 AM   #17 
  - Uh, I'm thinking you have that backwards?  jaybeat   Dec-09-11 10:21 AM   #18 
  - The UK opposed the re-regulation of financial services by the EU  FarCenter   Dec-09-11 10:41 AM   #19 
  - RIght, I get that part...  jaybeat   Dec-09-11 10:56 AM   #21 
  - I don't think technocrats in Brussels will be telling member states what to cut  FarCenter   Dec-09-11 11:02 AM   #22 
  - The City, Britain's Wall Street, was where Cameron's family  ShockediSay   Dec-10-11 09:36 PM   #33 
  - It would appear that the 'EU Technocrats' are aware of the disease  Ghost Dog   Dec-09-11 10:52 AM   #20 
     - I'm just afraid of their diagnosis  jaybeat   Dec-09-11 11:13 AM   #24 
  - Scotland used to be the most anti-European part of the UK  fedsron2us   Dec-10-11 11:41 AM   #28 
  - Europe moves ahead with fiscal union, UK isolated  Dover   Dec-09-11 11:07 AM   #23 
     - UK shot in foot.  Ghost Dog   Dec-09-11 05:04 PM   #25 

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