Classifieds | Archives | Jobs | About TGT | Contact | Subscribe
 | 
Last updated 2 minutes ago
Printer Friendly Version | TGT@Twitter | RSS Feed |
HOME LOCAL MIDEAST ASIA WORLD BUSINESS SPORT OPINION WRITERS
Cameron dashes to EU capitals on budget cut
November 10, 2012
 Print    Send to Friend

LONDON: David Cameron will hold an intensive round of meetings with other European leaders over the next two weeks in an attempt to avoid being isolated on the European Union (EU) budget  at a crucial summit.

The prime minister is expected to visit some European capitals and invite the leaders of some other countries to Downing Street to try to rally support for his plan for a real terms freeze in EU spending for 2014-20.

Although Germany, France, the Netherlands and Finland backed Britain’s call for a freeze in 2010,  Germany is now supporting a small above-inflation rise and the then leaders of  France and Finland have since lost power.  Cameron, who has urged these countries to stick to their guns, may also lobby nations such as Spain and Italy.

The prime minister’s talks with Angela Merkel, the  German chancellor, on Wednesday night failed to end the deadlock. There are fears in London that other EU members may coalesce around her proposal for a modest increase in spending — less than the five per cent real terms rise sought by the European Commission.

Merkel floated plans for a cut in EU administration costs in Wednesday’s talks at Number 10.  But Cameron believes that, with running costs accounting for only about 6 per cent of the total EU budget, the move would not secure the backing of Eurosceptic Tory MPs.  Fifty-three of them joined forces with Labour last week to inflict an embarrassing Commons defeat on Mr Cameron by demanding a cut in EU spending.

However, Labour also has its tensions over Europe.  Ed Miliband was accused of opportunism by backing the Tory sceptics last week, a move which angered the Liberal Democrats and Labour Europhiles and worried some business leaders, who fear the UK is heading down a slippery slope towards the EU exit door.

Writing in the Independent on Fridaym Douglas Alexander, the shadow foreign secretary, tries to reassure Labour’s critics by insisting that it remains a pro-European party.  

He insists the opposition was right to demand “restraint and reform” of the EU budget to ensure the European project has “solid foundations.”

The Independent
 

Add this page to your favorite Social Bookmarking websites
Comments
 
Post a comment
 
Name:
Country:
City:
Email:
Comment:
 
    
    
Related Stories
Salmond says Scots ‘tricked’ out of independence
MANCHESTER: Alex Salmond, the defeated leader of Scotland’s nationalists, on Sunday accused Prime Minister David Cameron and other London politicians of tricking Scottish..
Sturgeon recruits new government’s top team
LONDON: The Scottish government’s top team is to be split evenly between men and women, Nicola Sturgeon, the new First Minister announced on Saturday. She said the app..
Ukip sets its sights on power
LONDON: Ukip will target at least 20 seats it believes it can win at next May’s general election in an attempt to hold the balance of power in another hung parliament. ..
Miliband insists Labour still ‘party of working people’
LONDON: A “furious” Ed Miliband has criticised MP Emily Thornberry as he sought to assure Britain that Labour is still “the party of the working people.” Writing in Th..
UKIP win big blow for Cameron
LONDON: Britain’s anti-European Union UK Independence Party (UKIP) won its second seat in parliament on Friday, in a by-election that could signal major upheaval in a gen..
 
FRONTPAGE
 
GALLERY
 
PANORAMA
 
TIME OUT
 
SPORT
 
 
Advertise | Copyright