Posted on 12/16/2011 3:16:50 PM PST by SunkenCiv
A group of 26 EU member states is to forge ahead with an intergovernmental agreement on tightening economic governance in the eurozone, following a stormy summit in Brussels that saw the UK sidelined after it overplayed its hand.
All 17 euro countries as well as nine of the non-euro countries have said they will make a pact outside the current EU treaty, although the Czech Republic, Hungary, Sweden, Denmark and Bulgaria say they need to seek parliamentary approval of the move first. Only the UK has refused to join.
Talking to journalists at 5.30am local time -- 10 hours after the meeting first started -- French President Nicolas Sarkozy, who publicly fell out with British Prime Minister David Cameron at a summit in October, laid the blame firmly at London's door.
"It's our British friends' choice. We respect this choice but they cannot blame us. You cannot on the one hand be asking for an opt out from the euro and on the other hand ask to be involved in all the decisions of a euro that you not only do not want and but also often criticise."
"We are not going to apologise for what we are doing to save our currency," said the French president.
He added that demands by Cameron for a protocol exonerating the UK from certain laws on financial services in return for accepting a full treaty change involving all 27 member states were "unacceptable".
The new set-up fits in well with Paris' wish to have countries move forward without being unnecessarily constrained by recalcitrants or by EU institutions.
(Excerpt) Read more at euobserver.com ...
Sweden able to lend 100bn kroner to IMF to solve euro crisis
Friday, December 16, 2011
By EUobserver
http://euobserver.com/1016/114662
Swedish Riksbank governor Stefan Ingves said Thursday Sweden is able to lend up to 100 bn Swedish kroner (?11bn) to the IMF to help solve the euro crisis. The Riksbank is now set to draft proposals for the parliament for it to make a final decision on the sum.
But it appears the British government is as owned by their financial speculators as the US government is owned by our financial speculators.
Still, Cameron will be able to spin this as pro-British-citizen, wave the Union Jack, and win another election or two.
Yeah, much better to have our financial speculators owned by the US government.
Looks like Britian was saved by the bankster bell. This EU agreement is commie poison. Brits can never say the banksters never did anything for them. ;)
France and Germany are going to be very cross with Britian for a while. Hopefully the US will get a new President who will back the Brits rather than the African Marxist we currently have who has been back stabbing them.
If Cameron was smart, he’d release Britian from politically correct and oppressive EU dictates that are unpopular right away. Leave the socialists to cry in their beer at all the dictating progress they have lost.
So much for abiding by their treaties to the letter. I tried telling people over there that the veto doesn’t mean squat if it’s against the EU’s agenda. Now it’s out there for all to see.
This sounds like a mechanism to let Germany and France run the rest of the Euro zone’s economy. I don’t know why the countries that are relatively stable are going along with this.
this is sounding miore and more like an old Larry Bond technothriller. both times britain got troops involveed on the continent they sacrificed so much they actually lost in the peace following victory. especially sending troops in ww1, that was just dumb.
Can you please elaborate on how this is “commie poison”?
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