Posted on 10/24/2011 1:27:09 AM PDT by bruinbirdman
David Cameron clashed repeatedly with Nicolas Sarkozy today after the French President tried to exclude Britain and non-eurozone countries from a critical Brussels summit to rescue European banks.
During two hours of bitter exchanges during a meeting of all 27 EU leaders before a crisis summit of the eurozone’s 17 members on Wednesday, President Sarkozy fought hard to get the Prime Minister barred from talks that would finalise a 100billion euros cash injection into banks.
”We’re sick of you criticising us and telling us what to do. You say you hate the euro, you didn’t want to join and now you want to interfere in our meetings,” the French leader told Mr Cameron, according to diplomats.
Mr Cameron supports steps that the eurozone is taking to boost its banks and bailouts funds as part of wider moves towards closer fiscal union in order to avert a European debt crisis that has threatened to plunge the global economy into a slump.
But he fears that regular meetings of the euro’s 17 governments will lead to the creation of a Franco-Greman dominated “caucus” or a bloc that could hijack the EU’s single market for its own ends, damaging the British economy by imposing regulations that benefit Paris or Frankfurt over the City of London.
”There is danger that as the eurozone comes together that those countries outside might see the eurozone start to take decisions on some of the things that are vital to them in the single market, for instance financial services,” he said.
Following strong and vocal support from Sweden and Poland, Mr Cameron secured agreement that he and non-euro countries would be invited to the bank rescue summit next week, even at the price of having to reschedule his planned trip to Australian and Japan.
He also won a
(Excerpt) Read more at telegraph.co.uk ...
le frog...Sarkozy vs whats left of GB lol
I don´t believe the story. It is made up to allow Cameron a way out of the referendum on the EU demanded by the British people.
It is in my opinion like this...Sarkozy and Cameron came up with the idea of a bust up, so that Cameron can say to the people. look no need for you to worry I defend the interest of the British people, therefore your demsnd for a refeerendum is not needed.
A pack of lies concocted by the Eu dictators once again.
Maybe Sarko is grouchy by being kept awake at night by baby Giulia!
No love lost between England and France. The EU has failed and a new nationalism must replace it as it has many internationalist plan.
No love lost between England and France. The EU has failed and a new nationalism must replace it as it has many internationalist plan.
Note: this topic is from 10/24/2011. Thanks bruinbirdman.
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