EurActiv Logo
EU news & policy debates
- across languages -
Click here for EU news »
EurActiv.com Network

BROWSE ALL SECTIONS

British veto threat on the EU budget ‘very dangerous’

Printer-friendly version
Send by email
Published 23 October 2012, updated 24 October 2012

A looming British veto on the EU budget for 2014-2020 could heavily undermine the Union’s efforts to emerge from the eurozone sovereign debt crisis, Brussels analysts warned yesterday (22 October).

“We are potentially in a very dangerous impasse,” said Fabian Zuleeg, chief economist at the European Policy Centre (EPC), speaking at a briefing on last week's EU summit (see background).

“The question is what happens in November and what happens in December,” Zuleeg said, referring to the 22-23 November extraordinary summit dedicated to the 2014-2020 EU budget, and the 13-14 December summit, when a final report and roadmap for further economic and monetary union is expected to be adopted by EU leaders.

But an agreement on the EU budget is “very unlikely” at the November summit as British Prime Minister David Cameron will have a “big temptation” to make use of the veto, Zuleeg said.

Zuleeg argued that there was “very little left to cut” from the EU budget, as requested by the UK. On the other hand, leaders were “unwilling” to make any more concessions to Cameron, he said.

“Cameron wants to use the debate around eurozone integration to also renegotiate the relationship between the UK and the rest of Europe, and the budget is one of the areas on which he is focusing now. So if he doesn’t get the level of cuts, if he doesn’t get the protection on own resources, on the rebate, on all the other issues which they put on the table, what would be the UK response? I think that the most likely response at the moment is actually a veto,” Zuleeg said.

But if the November summit fails to reach an agreement, it doesn't mean EU leaders will get luckier in December, Zuleeg warned, saying that the EU might end up without an agreement on the 2014-2020 budget by the end of the year.

This, in turn, could well have implications for the debate on the governance of the eurozone, which is the defining issue of the moment in Europe.

“We are in a very dangerous impasse and in my view it is highly unlikely that we get a resolution by the end of the year,” Zuleeg repeated.

Cancelling the November summit?

Janis A. Emmanouilidis, senior policy analysts at the EPC, went further, saying that German Chancellor Angela Merkel could decide to cancel the November summit if Cameron insists that he will veto any deal other than a total freeze on spending, as reported by the Financial Times yesterday.

If the November summit is canceled, the December summit would “not be ambitious enough,” restarting the eurozone crisis, Emmanouilidis said.

This looming crisis comes as the EU’s common currency is starting to emerge from the three-year sovereign debt crisis, Emmanouilidis said. The three reasons, he said, were that the European Central Bank had made use of the “big bazooka”, by buying sovereign bonds on the secondary market, that the EU appeared now ready to think long-term, and that there was a substantially reduced risk that any country will exit from the eurozone.

But he said that the dangers were still around and confidence could be easily undermined.

He pointed out at the “very fragile situation in the European banking sector” and lack of answers to the Spanish question as well as the ongoing Greek crisis. In addition, he said Cyprus and Slovenia had “to become programme countries” by negotiating bailouts similar to those of Greece, Ireland or Portugal.

Emmanouilidis pointed out at the social and economic situation is worsening in many member states, and “the collateral damage of the crisis” is that nationalism, populism, political extremism and separatism are on the rise.

Emmanouilidis insisted that the 18-19 October summit, by “muddling through”, would not give the solution to Europe’s problems. He pointed out a various “worrying signs” from the summit: the “loss of determination to create the banking union,” the “inclination to backtrack from decisions taken earlier”, and to a “wait-and-see attitude” which was becoming dominant.

To this, a risk element he mentioned the “growing polarisation” between France and Germany.

In the meantime, the European Parliament invited Merkel to discuss pending issues related to banking union and the 2014-2020 EU budget. She is expected to address the mini plenary session on 7 November in the afternoon. 

Next steps: 
 
  • 7 Nov.: Angela Merkel will speak in the European Parliament on issues related to banking union and the 2014-2020 budget 
  • 22-23 Nov.: Extraordinary summit to discuss long term budget for 2014-2020
  • 13-14 Dec. 2012: Final report and roadmap for further economic and monetary union to be adopted by EU leaders at Brussels summit
  • 13-14 Dec. 2012: German Chancellor Angela Merkel hopes the summit can agree a concrete date for the start of a convention on a new EU treaty to complete the EMU.
Georgi Gotev

COMMENTS

  • Britain get out!

    Europe has enough problems without one "member" always wanting special favours.

    Now the British "financial services" parasites want to VETO the budget.

    Let them GO and let the rest of the EUROPEANS get down to work and modify that absurd situation where ONE can VETO the will of the other 25 (27 - UK):do this as quick as possible!

    By :
    david tarbuck
    - Posted on :
    23/10/2012
  • The almost authoritarian haste to further integrate Europe is eroding democratic legitimacy. Administrative expediencies are progressively replacing inconvenient accountabilities and legitimacy, which only hampers the siren song of these new Pied Pipers.

    The essence of UK opposition is less about Europe as such, but to a gutted, authoritarian, bureaucratic entity devoid of meaning, and democratic process. Is this truly what Europeans want?

    Integrate in haste, repent at leisure.

    By :
    Terreverte
    - Posted on :
    23/10/2012
  • Britain was always a counterweight to continental follies.
    It still is.
    God bless those misty islands.

    By :
    Jose Martins
    - Posted on :
    23/10/2012
  • Terreverte: it's true that with the Mps expenses, murdoch's mafia and all the corruption happening between the City and Whitehall, the British can legitimatly claim not to understand the scandalous untransparency of the european administration in Brussels.

    As for democracy, who complains in the UK for not being let electing anyone in Washington's Congress or agreeing on a distribution of votes in UK-US summits, not even mentioning organising a referendum for the decisions such a summit would make? As a democratical base, a 3-minute phone call twice a year from the State Department to nb 10 seems more than enough for the British to freely become America's docile poodle, fight for their illegal wars, falsify documents, organise a couple of suicides and generally feel proud of it!

    I guess you are right, the UK and the rest of the continent definitly don't share the same understanding of democracy and sovereignty for their own people! But unfortunatly, it is your american same masters who won't ever let you get out of the EU, as they financed and encouraged the political union of Europe (with the gold they stole you in WW2), as well as forced you since Suez to abandon your Empire and join us instead. In slavery, the more you beg America for crumbs, the less you get!

    By :
    UKskeptic
    - Posted on :
    24/10/2012
  • Its about time ! Cameron isnt the only one , The netherlands and a few others will also veto , there are still countries with guts enough to stand up to Brussels and the agenda of a few elite..

    By :
    klassen
    - Posted on :
    24/10/2012
  • The European concept is broken, how can an organisation that can't even get its accounts audited expect an above inflation budget increase when people across Europe are suffering from falling incomes and benefits.

    The net cost of the EU budget to Britain in 2011 was £10.8 billion and they also had an annual trade deficit of £42bn with other EU members, but a positive trade balance with the rest of the world. If you were in the UK would you not be wondering whether membership of the club is worth it?

    As a Southern European who now lives and works in the UK, i think it is inevitable they will eventually hold a referendum on membership as there is no doubt more and more of them are fed up with what they see as being governed from Brussels and not Westminster and am sure the majority would vote to leave.

    For Cameron he needs to keep the budget increase at not more than inflation as citizens of the UK I do not think are prepared to pay anymore and as a democracy he should be listening to what British voters want. I am just surprised that there are not more countries refusing to fund the increase.

    By :
    Disillusioned
    - Posted on :
    24/10/2012
  • As I live in a Country which contibutes quite a lot to Europe (while many Countries are receivers) we have a right to question how our money is spent. So far a hell of a lot goes to mafia style corruption, like roads going nowhere etc. Now we see EU regulators risking lives of people by their corruption(As discovered by the Daily Telegraph)in marking Chinese and India knee and hip replacements as 'Made in Europe'. I suggest the EU gets its house in order before demanding more of our money. You Europeans have made a mess our of your currency the Euro. One can see why Europe is going down the drain.

    By :
    john hurst
    - Posted on :
    24/10/2012
  • I see the latest reports state that even the Liberal Democrat coalition partners in the UK government (the pro EU party in the UK) are reported as agreeing to veto the suggested EU budget. How can anyone expect an increase in expenditure to be passed when we are all making major cuts in our national and household budgets.

    Cameron has used the veto once and the World did not collapse why should he not do so again, it certainly would be extremely popular here.

    By :
    I want out
    - Posted on :
    24/10/2012
  • Everyone knows that exept fussing around on TV each time he has the oppotunity, Cameron as euroskeptics always do, will merely be signing-up for everything as usual, however much he claims everywhere to have strongly defended positions against Europe. He is only trying to coax some ignorant voting cattle who believes him every times (so he's probably right).

    Funny that the british still haven't noticed in 40 years how their politicians fool them on every european questions, pretending each time they will firmly and solidly oppose Europe, but ending-up at the end of the day, with superficial gadgets at best, so they can claim summits after summits to have done their best. Were the UK to leave the EU, I guess no significant change would anyway occure as far as euroskepic duplicity game is concerned: while they'd worship publically their "reclaimed" sovereignty and other cosmetic attributions, nothing in fact would change towards Europe, and they'll go on signing-up for everything in Brussels (maybe calling it with a different name). They'll probably still be laughing their head off at their credulous people, whom they can always fool in their political favour with impunity, whatever they do.

    By :
    UKskeptic
    - Posted on :
    24/10/2012
  • In response to UKskeptics babble, Britain should screw the EU for every penny it can get, and offer as little as possible in return. You want us out, we want out, so what's your problem?

    By :
    Edward99
    - Posted on :
    24/10/2012
  • Edwards99, it's not a question of will or wishful thinking, it's a question of logic. Who cares what you or me would prefer in this world to be, that doesn't change anything to the strategic, economic and historical possibilities, we'll anyway both have to live with tomorrow on this continent, like it or not.

    My problem is there is a deluded country part of the club, which always finds a reason to fuss around for nothing, because their people think they can instead colonise Mars. Now I'm pretty sure this isn't going to happen what so ever, whether Britain goes in-with-opt-outs or out-with-opt-ins, and the UK leaving the EU will cretainly not put an endall of a sudden to the never satisfied moaning of british euroskeptics, for lake of any better.

    How could they finally leave us in peace, eventhough after voting for going "out", given their lake of credible alternative to EU membership, but to make it up as they cosmetically were "out", just in fact "in" for the most part (only so that people can keep on not aknowledging it)? Never-ending story...!

    I guess many other european citizens like me are entitled to complain about the gobbledygook nonsense constantly repeated by the british euroskeptics, only for the fun of it. That doesn't seem ready to stop, were even the UK to leave the EU.

    By :
    UKskeptic
    - Posted on :
    26/10/2012
  • UIK sceptic. Europe is a non state. Are you stateless?
    The fact is any nation has the right to self determination, and without sniping people like you.
    Most people in the UK demand a referendum and have the right to one. I agree to that right. Only pro Europe antti democrats object to that. No Gov't or Gov'ts will stop that.

    By :
    john hurst
    - Posted on :
    26/10/2012
  • UKskeptic a French person does not seem to understand that whether he likes it or not the UK voters have the right to determine their own future.

    Klassen makes a very valid point! How many of the member states would get approval from their citizens in an EU referendum to continue the great project? Okay so the UK would say no, but what about France and Germany? I don't think UKskeptic would gamble his vino collapso pocket money on that one!

    George Mc

    PS to any EU technocrats reading this my unreserved apologies for using the 'R' word. Calm down and enjoy your weekend.

    By :
    George Mc
    - Posted on :
    26/10/2012
  • George,
    I do know that throughout Europe Eurosceptism is growing. If the EU was run like a proper state it would be bankrupt by now. But we see the fat cats in the EU Parliament voting for a huge rise from member States, but major member states are refusing to pay a higher than inflation rise. Time for them to tighten their belts. Maybe we can start by cutting huge grant to inefficient peasant farmers. Time for them to come into our universe.

    By :
    john hurst
    - Posted on :
    26/10/2012
  • John,

    Couldn't agree more!

    You said quote Time for them to tighten their belts. Maybe we can start by cutting huge grant to inefficient peasant farmers. Time for them to come into our universe.unquote

    Okay John call a spade a shovel. What you are really saying is that the French should come into the 20th century. I agree, but it will be difficult while the rest of us are in the 21st century.

    It is not just the rest of them, we are guilty as well! Someone must have known what we were doing when they appointed Baroness Ashton (never been elected to a job in her life) to the Commission to become the High Commissioner for the European External Action Service who is paid £230,000 per annum. I also believe that she has cut a deal which will save her £40,000 in income tax. She might well be a lovely lady but I think the "Peter Principle" has come into play more than once (promoted well above ones ability).

    Time for a clear out John or we just come out - I don't really care.

    George Mc

    By :
    George Mc
    - Posted on :
    27/10/2012
  • John H., States in many continental european countries appear far stronger than in the UK: it would be on the continent absolutly unthinkable in any country to privatise the police, as it was planned (but failed) during the Olympics in Britain. France's seat at the UN security Council isn't just the back office of another member, as GBs representation strangely votes 85% of resolutions just like another member... The french army chief of staff neither follows the US in wars everytime Washington orders, nor is France renting the nuclear weapons from America (like Trident deterrent program), but has its own. Their justice, as any european one wouldn't be so keen at interfering in the production of falsifyied documents or the organisation of weird suicides, just for their country to please the Congress whenever the US are buisy fighting illegal wars.

    Such a foreign media empire like Rupert Murdoch's Fox-Sky-Sun press would never be welcome on european territory to structure the political debate. The economy is also shaped by far stronger states in Europe than in the UK since Thatcher and public services haven't become as weak as in Britain (high speed railway, strategic assets, social protection, industrial investments...) which provides continentals with a much more stable economic environment. Berlin, Paris or Rome haven't yet capitulated in favour of off-shore bankers in the Caiman Islands, as London has in relation to the City. Public debt is exploding in the UK and private debt is a world record. Therefore countries such as France, Germany or even Italy, though being part of the Eurozone and all the rest, seem to have managed retaining much more sovereignty and state power than the UK, which strategic assets have long been sold out to the Pentagone, Wall Street, Hollywood and Las Vegas.

    But the EU isn't a state. It's a very new and original form of political unit, that hasn't yet been observed in history (just like the nation-state hadn't been 300 years ago in Britain/France). But so far it seems to match effectively todays global challenges, much better anyway than the faded Nation-States ever could. As it goes, the Eu does happen to be a modern model of governance and an increasing source of inspiration for many countries and continents all around the world.

    You can always call for any referendum (which I strongly support the holding of anyway), and ask the british people if they better fancy changing whichever word in their constitution, that's not going to make any difference what so ever in fact, regarding their growing dependency to an ever-more-united continent and the lack of alternative for Britain, whether economically or politically (it merely will deprive them of any influence in the decision-making process). And I don't see any reason, the next day Britain leaves the EU, why the Euroskeptic Tories would all of a sudden find a way alone in the world, and eventually stop blaming the nasty europeans for their own demise. On the contrary, their moaning and frustration would even increase more when, after getting in-with-opt-outs, they realise their only choice is to go out-with-opt-ins...

    By :
    UKskeptic
    - Posted on :
    27/10/2012
  • UK skeptic ascribes me for certain point. I think you should get your facts right. As for privatising the police for the Olympics....Nonsense. Fast trains are not required here. The UK is not that big landwise to merit such expense. London to Birmingham you'd save a measley 20 minutes. What's 20 minutes. Not worth the expense. I enjoy nice leissurely trips not rush jobs.
    I can see your anglophobia. I've no doubt you'd have been a good Vichyite. France would like an Empire Napoleon envisaged. But he met his Waterloo. As for the press. Well, I'm as anti Murdoch as anyone. But it was in France that Princess Diana was harrased to her death and in France where the lecherous snooper try to take illegal photos of women. Perverts! As I said before 'Woe betide those who try to stop us and our rights to determine our future. Just try it and find out. We trust the US for defence before you French. We ally ourselves with people who we know will fight to the end and not surrender like you lot.

    By :
    john hurst
    - Posted on :
    27/10/2012
  • Growth in the |UK is 1%. Not in France and you mention Italy. A state rife with criminals from the top down.
    I can remember when many were murdered in France during the Algerian war of Independence. Don't talk of justice. The problem is that (The UK included)the socialists are'nt socialists but careerists. Champagne socialist. Hitler used that word socialist to win public support. So did Stalin and Mussolini. It is such a misused word to win public support. You are what you are in deeds not grand words and theories.

    By :
    john hurst
    - Posted on :
    27/10/2012
  • By the way. England has been a nation state far longer than 300 years. While France and Germany were just principalities.

    By :
    john hurst
    - Posted on :
    27/10/2012
  • Maybe the EU wouldn't be such a nightmare if France quit. I would trust anyone else but the French, who never miss an opportunity for self agrandissement at someone elses cost. De Gaulle the ingrate snake and anglophobe lives on in that respect. However, as France is hardly likely to leave its own "cosa nostra" then the UK will willingly depart.

    By :
    Edward99
    - Posted on :
    27/10/2012
  • Edward99,I agree with you. I admire the French resistance and Free French who were brave, but the majority just went along with Petain and never even winched when the Nazis carted their own citizens off just because they were jewish. My brothers father in law who fought from El Alamein to Germany told me of French spitting at them en route to Belgium. They are basically a selfish and petulant people. Nothing has changed, they are the same today.

    By :
    john hurst
    - Posted on :
    28/10/2012
  • John H., I have no idea what all this has to do with Britain's membership of the EU. State investments in trains, health, schools or else are famously lower in Britain than in continental Europe and the state is much weaker. That's very well known, whether you fancy high speed rail or not.

    Britain has only existed for 300 years. The English nation existed before but the French nation did too. The only difference being that it wasn't a popular idea and only became a meaningful reference for people in the 19th century, anywhere in Europe. But before 300 years, may I remind you anyway that France, Austria (germany didn't exist), Russia or even Spain were great powers of Europe while England in population as economy or military, was about the same as Denmark!).

    The US merely got involved in the war at the end. America was selling weapons to Hitler until 1942, for them to destroy England, and the Nazi theses weren't that rejected by the US's then black-discriminating state... Anyway France did well as they weren't bombed like most of england, and as they didn't lose as many people as in the first world war, but ended up 10 years afterwards just like before, like germany, richer and more powerful than England (who had to beg the IMF for survival still in the 70's)

    I guess you have never opened a french newspaper to imagine they could be worse than british tabloïds. Only italians may compete with you on that. Have a look on the internet at Le Monde, Suededeutsche Zeitung, der Standaart, or others... unless you don't bother speaking foreign languages.

    The murders in Algeria were never ordered by a foreign nation. It's lucky you like americans because whether you trust them or not, they posess you and you go just the way they'll tell you to go. France, whether trusting or not America, doesn't become as a result their slave poodle. Whoever might be their friend, the french have another idea of their own sovereignty than the British!

    By :
    UKskeptic
    - Posted on :
    28/10/2012
  • Algerians were murdered in Paris, who's bodies were found in the Siene. I think you have a press censorship in France. That film 'Paths of Glory' was only show in France in the 90's. As for schools, like France we have good and bad schools. But all schools have fantastic facilities these days. Unlike when I was a child just after WWII. We have our NHS of which we are proud. But I'm damned if we want it to be the World Health Service. We have all sorts coming for free health care, while we have to take out special insurance if we go abraod. But this is what Barrosa wants. NO CHANCE! The UK isn't without its faults, but we Brits will sort our nation out, no-one else. France is no heaven either. The way you talk of France it is Utopia. I know of the tsabloids, but you have them too. But we are correcting ours with the Leveson Report which is due out shortly. No -one knows about the tabloid scum more than us in Liverpool after the Hillsborough tragedy. No-one in Liverpool touches the Murdoch papers after the lies they told. Now they, like the police await justice. But your papers printed the slurs the Murdoch press printed. There is no such thing as the Ideal State. There never will be. If you believe that you're dreaming.

    By :
    john hurst
    - Posted on :
    28/10/2012
  • I remember visiting France as a boy in the 1960's. It certainly existed just as UKskeptic says, but it was a land of peasants, primitive sanitation, parochial values and just plain backward, still being rebuilt with Marshall plan money (shock horror from the US). Today it sits in the shadow of Germany, at Merkel's beck and call, how ironic. I wonder why today so many French professionals emigrate - many to the UK - if its such a paradise. I am sure Hollande will extend the mediocrity even more.

    By :
    Edward99
    - Posted on :
    28/10/2012
  • I was in France two years ago to visit my grandfathers grave. I know most French people don't have the utopian views of UKsceptic. It is no better than the UK
    I'd like to know how the US sold weapons to Nazi Germany. I know Henry Ford (A fascist) had a plant in germany, but that's all. We had a successful blockade.

    By :
    john hurst
    - Posted on :
    28/10/2012
  • To john Hurst,

    If you want some unrecorded info on Ford fascism as one who served an apprenticeship at Fords I could possibly fill you in with some interesting information, that though undocumented, can be verified.

    Here though to say more than that company was/is awash in fascists would be getting off target and abusing the space freely provided for this forum.

    By :
    david tarbuck
    - Posted on :
    28/10/2012
  • Dear David,
    I didn't say that Ford was awash with fascists, but Henry Ford was certainly one. He had his uniformed security etc in the States. His Company did produce lorries for the Wehrmacht. Did'nt matter much as even by 1944 the German army was still reliant on horse drawn transport for the lesser regiments.

    By :
    john hurst
    - Posted on :
    29/10/2012
  • UK PMIs for October - out Friday - will finally show UK decoupled from Eurozone - Manufacturing above 50, Services above 54 (City of London). This time we will not squander excess wealth from City on tax cuts or no value added public services. We will finally rebuild our manufacturing industry through grants & infrastructure improvements - We did it before when we had to produce 10,000 plus Lancaster & Halifax heavy bombers in WW2 from 1942 - 1945 - we will do it again and then leave the European Union.
    I acturally like Europe and can understand some sort of European shared identity- Paris pretty just to walk around, Vienna Horse drawn carriage ride puts the whole city into perpective (like the Ferris Wheel aswell) but I think most British people are FED UP TO THE BACK TEETH with endless summits in Brussels and just want to get back to what it was like before 1973 when we had warm summers and Ashes cricket matches against Australia etc. etc.

    By :
    stan the man
    - Posted on :
    29/10/2012
  • Well, I'm not against Europe, but I am against them forcing their ways onto us. We have our common law, not a written constitution. I prefer our common law.
    We joined a trafde block not a European state. We can do well in the world economy with our expertise. We are a confident people. The anglophobia from certain quarters is just their insecurity. We don't want to dominate Europe but we don't want Europe dominating us.

    By :
    john hurst
    - Posted on :
    29/10/2012
  • @John Hurst

    quote We don't want to dominate Europe but we don't want Europe dominating us. Unquote

    You are absolutely correct. The world debt problem and the EU overspending has put the Euro in a bad place. To correct this problem they need to speed up the Euro Federalists pet project and move close to being the USofE.

    That is something that the UK never bargained for and it is many steps too far. If protecting our own Sovereignty means that we are going to severely piss of the EU, then so be it! There is indeed another problem that I see in the future and that is the agreements that we have signed with France regarding defence. This may not please our old friend Ukseptic but hands up anyone who trusts them?

    George Mc

    By :
    George Mc
    - Posted on :
    29/10/2012
  • George, I certainly would'nt trust them. I don't trust a European force either. They'd fight to the last Brit. They'd use the Brits because our armed forces are a totally professional force. We can see in Afghanistan, the Europeans forces are in the safest areas, whereas we and the US, plus Australians (and before they left..Canadians)where in the areas where all the fighting is and most casualties are.

    By :
    john hurst
    - Posted on :
    29/10/2012
  • Stan THE man, It's just that in 1973 it had been 15 years that british trade was decreasing in the world to the point of almost vanishing, without Britain being in the EU. The strategy you are talking about failed with the previous attempt to balance out the UK's losses worldwide through EFTA, so that Britain HAD NO CHOICE economically but to integrate with Europe, and in so doing avoid showing up ragged at cricket matches.

    The vestiges of the empire you are talking about were the last stragglers in 1973 with a constant decay following the insular strategy you refer to and which led the UK to beg the IMF after recording systematically lower growth rates than its neighbours, year after year, during the Uniting Continent's more prosperous golden 50's, 60's and 70's. Misery became so appearent across the Channel, people started wondering whether, in its out-dated Splendid Isolation (out of Europe because too busy trading with a collapsing empire), Britain had become the first developed economy to turn under-developed.... Afterwards such mental landmarks as the criket matches you are missing so much, have anyway been completely eradicated by Thatcher's revolution and Australia has long been trading in the Pacific, quite logically for them with South-East Asia, Japan and the US.

    The British may be wanting to turn back the clock, reshape world maps, or wish to colonise Mars, but it isn't going to happen just by leaving the EU. There would hardly be any change in fact, but consequently there would be just as much, if not more frustration and complaints (like yours now blaming "endless european summits" while the UK doesn't seem to be much facilitating their conclusions, being already half-out). For their economic, geographical, historical dependency on the continent isn't a question of international law or religious faith but a question of factual globalisation, in a multipolar world trading freely within each continental block, maybe Britain plans actually to become a whole continent by itself then, outside the EU?

    I'm afraid the tweed you'll be by then showing off at cricket matches won't be of the best quality... Unless someone finds and explains to the british voters/workers/households where exacty this credible plan B lies, free of EU dependancy, and how much cheaper it is. Why isn't anybody communicating this much better project of alternative agreement(s), negociated elsewhere in the world (where they can't wait for the so "FED UP" british people to simply leave the single market)? If that truly were what the british economy could do, Why is no one given any detail about this wonderful opportunity outside the EU, paved with gold especially for the UK, to finally release the island from the idea that it depends today more on Europe 20 miles away than anywhere else across the oceans?

    By :
    UKskeptic
    - Posted on :
    31/10/2012
  • UKskeptic - why do you spend hours at your keyboard cataloguing only the downsides, negatives and failings of the UK? sad really, for you that is. Get a life.

    By :
    Edward99
    - Posted on :
    02/11/2012
  • I think I could write to you about the same thing, unless every other times we've been already talking together, you'd be writing in english as a native speaker.

    By :
    UKskeptic
    - Posted on :
    02/11/2012
  • Refeing to the article anyone has a clue what the uk does out of the EU, navigating across oceans?

    By :
    UKskeptic
    - Posted on :
    02/11/2012
  • purchase coach outlet online for promotion code HnVyfTqY http://www.coach--outlet--online.org/

    By :
    ruipibra
    - Posted on :
    30/11/2012
  • you will like spyder women jackets for less qNAyItSR http://www.spyder-jackets-outlet.com/

    By :
    Vokuseve
    - Posted on :
    06/12/2012
Background: 

At their 18-19 October summit, EU leaders have agreed plans to complete the European banking union by January 2014, after the general elections in Germany. The concession was made to Angela Merkel who argued for "quality" over "speed" in putting in place the new supervisory system.

But the summit was seen both as a step forward, and as an illustration of tensions in the Franco-German couple.

Merkel arrived in Brussels with a broader agenda, including controversial proposals to introduce a new super-commissioner with powers to oversee the national budgets of eurozone countries.

In a widely noticed interview before the summit, French President François Hollande rejected the idea, saying that if necessary, EU leaders could hold monthly summits instead.

More on this topic

More in this section

Advertising

Communication Partners

Sponsors

Videos

EU Priorities 2020 News

Euractiv Sidebar Video Player for use in section aware blocks.

EU Priorities 2020 Promoted videos

Euractiv Sidebar Video Player for use in section aware blocks.

Advertising

Advertising