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Britain stays out of EU financial crisis deal


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Posted

Make of this what you will, and feel free to discuss what has (& hasn't) been agreed.

 

http://www.bbc.co.uk/news/uk-16104275

 

Mr Cameron said it was not in Britain's interest "so I didn't sign up to it".

 

But France's President Sarkozy said his "unacceptable" demands for exemptions over financial services blocked the chance of a full treaty. A full accord of "wasn't possible, given the position of our British friends," President Sarkozy said.

 

Of the 27 EU members Britain and Hungary look set to stay outside the accord, with Sweden and the Czech Republic having to consult on it.

 

Mr Cameron told a press conference: "We want the Eurozone countries to come together and solve their problems. But we should only allow that to happen within the EU treaties if there are proper protections for the single market, for other key British interests. Without those safeguards it is better not to have a treaty within a treaty, but have those countries make their arrangements separately. It was a tough decision but the right one."

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Posted

I liked how the news inferred that we may not have to pay a percentage for the meetings by the inner 17 any more... but hey since we're not there or part of it why should we!

 

Sarkozy shouldn't get his spoilt little way just so he can pander up to Merkel.

Posted
I liked how the news inferred that we may not have to pay a percentage for the meetings by the inner 17 any more... but hey since we're not there or part of it why should we!

 

Sarkozy shouldn't get his spoilt little way just so he can pander up to Merkel.

They deserve each other,do what we want or we are not playing.Sarkorzy probably knew that their three major banks would be downgraded.

Posted

Although I don't like mr Cameron at least he's not bent over backwards for the French and Germans on this one thumbs up for the first time from me mr Cameron

Posted
Heaven forfend that Cameron should let his precious City banker chums be properly regulated or have their transactions taxed.

 

the uk is the financial centre of the EU. don't for one minute think that other eu nations are happy with this, especially france and germany. they want what we have.

Posted
Although I don't like mr Cameron at least he's not bent over backwards for the French and Germans on this one thumbs up for the first time from me mr Cameron

 

like a certain mr phony blair :roll: trying to buy the eu presidency with our tax money.

Posted
being on the outside hasn't done switzerland any harm.
(To add insult to injury...) we could learn a lot from them. Nudge-nudge, wink-wink ;)

 

It doesn't seem to have occurred to Sarkozy and Merkel, that letting GB stay out of this club, will only reinforce the attraction of the City to Euroze investors :thumbsup:

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