TIMES ONLINE: David Cameron made clear today he would not accept any attempt to force Britain to come to the aid of the eurozone through a new EU treaty.
In a direct and undiplomatic rebuff to Angela Merkel, the German Chancellor, Mr Cameron insisted that Britain would not be “drawn further” into supporting the currency area.
Mrs Merkel has previously suggested that a new treaty, increasing the EU’s power over member states’ fiscal policy, might be necessary to prevent another Greek-style eurozone crisis.
Speaking at a joint press conference after his first meeting with the German Chancellor, Mr Cameron said: “There is no question of agreeing to a treaty that transfers power from Westminster to Brussels.
“That is set out 100 per cent clearly in the coalition agreement.
“Britain obviously is not in the euro and Britain is not going to be in the euro, and so Britain would not be agreeing to any agreement or treaty that drew us further into supporting the euro area.”
The Prime Minister stressed that any new European treaty, even one applying only to the eurozone would need unanimous agreement, effectively giving Britain a veto. >>> Raf Sanchez | Friday, May 21, 2010
