Posted on 12/07/2011 12:20:14 PM PST by Qbert
AFP - British Prime Minister David Cameron threatened to block a new European Union treaty designed to save the euro from the debt crisis if London's demands are not met.
Cameron said Britain's huge financial sector and the single market would have to be protected if he were to sign up to a new EU-wide treaty aimed at resolving the crisis in the euro, which Britain does not use.
His threat increases the likelihood that France and Germany, who proposed rewriting the treaty Monday, will end up pushing for an agreement between just the 17 nations who use the euro and not all 27 EU states.
For the EU treaty to be reformed to allow greater eurozone integration, all members of the bloc must agree.
Cameron's remarks are likely to anger under-fire eurozone leaders as they scramble to come up with a convincing rescue plan after the Franco-German proposal was overshadowed by Standard & Poor's threat of a debt downgrade.
(Excerpt) Read more at france24.com ...
UK imperialism ping!
yeah How DARE the Brits demand they maintain their sovereignty. Such is Verbotten in the new Reich, er EU!
Of course it's their right! That was actually my point, made to the person I ping'ed with my post (though not obvious to the casual reader - my apologies). The backstory is that that person has been pounding one particular country for similar statements, flat-out denying that any other country would do so. Hence my post on this thread and one other thread to provide two examples. Cheers!
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