Cameron opposes a new EU treaty without 'safeguards'

British Prime Minister David Cameron said on Tuesday that he would oppose a new EU treaty proposed by France and Germany this week to rescue the euro unless measures were in place to "safeguard" the common market and financial services.

By News Wires (text)

AFP - British Prime Minister David Cameron said Tuesday he would block a new European Union treaty proposed by France and Germany aimed at saving the euro, if London's demands are not met.

He said if eurozone countries wanted to use "European institutions" to rescue the single currency, they would have to agree to safeguards demanded by Britain, which has not adopted the euro.

"I won't sign a treaty that doesn't have those safeguards in it, around things like, of course, the importance of the single market and financial services," said Cameron.

France and Germany said Monday they wanted a new EU treaty by March with tougher budgetary rules to deal with the debt crisis.

French President Nicolas Sarkozy said the new treaty would be either for all 27 EU members or for the 17 members of the eurozone, with other nations signing on a voluntary basis.

Cameron said that if eurozone countries "choose to go ahead with a separate treaty, then clearly that is not a treaty that Britain would be signing or would be amending.

"But, of course, if they want to use the European institutions, then we will be insisting on the safeguards and the protections that Britain needs."

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Date created : 06/12/2011

Comments (11)

current economic crissis

by steve4546 (not verified) - 11/12/2011 - 19:05

This country is facing fiscal termoil like we have never seen before. No matter what our government does to eleaviate the problem, world finance controls what happens at home. Isn't it about time ALL parties put there heads together and differences aside and came up with a strategy to pull this once great country of ours out of the financial mess we are in. Rather than snipping and point scoring at every opportunity.

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EU treaty

by P Laing (not verified) - 11/12/2011 - 19:00

we don't need europe. it is time we stood up to the unelected european bullies who make crazy laws and self serving treaties and try to impose them on us

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EU Mess!!

by Winston Churchill (not verified) - 11/12/2011 - 01:19

In the words of the great man..."To be conservative at 20 is heartless and to be a liberal at 60 is plain idiocy"

"What kind of people do they think we are, do they think we will be bowed by their tyranny?"

"The greatest lesson in life is to know that even fools are right sometimes"

"success is the ability to go from failure to failure without losing your enthusiasm"

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David Cameron

by Fran (not verified) - 10/12/2011 - 23:32

David Cameron has got the message at last, no more nice guy
we had this lot to contend with in the last war, Churchill
sunk the softies in our goverment, and cleared up Europe, now Cameron must take on the mantel again, maybe call an early election, get rid of the dead wood and be free to sought out the mess the last lot left us and our future offspring, good luck David Cameron we all know you need it to sought this lot out again.

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EU

by Mohammed Saleem Awan (not verified) - 10/12/2011 - 14:28

Our Prime Minister took the right initiative for the security and prosperity of our nation. EU must solve its own problems. In recent months we have seen it, EU is a useless organisation.
We are better off without it. Thank you

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Cameron stance

by Anonyme (not verified) - 10/12/2011 - 03:08

David Cameron is a hero. He recognises that we are all Europe but with difference.

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Cameron big mistake

by Anonyme (not verified) - 09/12/2011 - 22:38

Why does not David Cameron back up all his rhetoric about banking needing reforming by backing E,U reforms.Where does the money from the conservative party come from?? Banks!!!He has wasted so much of our hard earned tax with numerous wars and seems to be oblivious to the public mood.Banks have cost this country more than they have contributed.They have been robbing pension funds indirectly with their speculative share trading.Where long term investers have lost out to the furiously fast trading of shares done by banks.Ask the question why since the "Big bang" (computerisation & liberalisation of the Stock market and Banks)we have seen losses for endownment policies and savings whereas Bankers bonuses have not suffered.I think that Europe has the right idea with a transaction tax on banks and they will impose this on London City institutions hopefully.We cannot go on allowing investment banks to gamble and manipulate shares.

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well done. we have stood

by john (not verified) - 09/12/2011 - 22:19

well done. we have stood alone before

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Mr. Cameron's decision..

by Muppitt (not verified) - 09/12/2011 - 20:39

I back you all the way, it is now time to get GT. BRITAIN straight.... let's face it charity begins AT HOME!!! We have so many problems here, so lets concentrate on sorting our own country out.. PLEASE!!