David Cameron has been accused of "economic insanity" in trying to put a gun to the head of his European partners after he warned on Sunday that he would block treaty changes to make the euro more effective unless he is allowed to repatriate powers to the UK.
Cameron made his thinly veiled threat on the BBC's Andrew Marr Show, when he said he was "entitled" and "enabled" to seek a repatriation of powers when other EU countries sought treaty change to make the single currency work more effectively. Cameron is due to set out his definitive position on Europe, including a referendum, later this month.
Writing in the Guardian, the former European commissioner Lord Mandelson warns Cameron that he "will be disappointed if he thinks he can put a gun to their heads to begin renegotiating Britain's EU membership and then dictate when it will end, especially when, in their view, he is arguing not in Europe's interests as a whole but for British exceptionalism".
Faced by a choice between protecting the euro and British demands, he says Europe will choose the euro.
Claiming the Tory party is now gripped by a madness on Europe, he says it is "an act of economic insanity to begin 2013 by placing this large and indefinite question mark over our membership of the EU, and all the trade and investment privileges it brings us. » | Patrick Wintour, political editor | Sunday, January 06, 2013
