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dipsydoodle Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Dec-09-11 04:40 AM
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David Cameron vetoes EU-wide treaty change
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Edited on Fri Dec-09-11 04:47 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.

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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'

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