David Cameron attacks Nick Clegg’s EU veto claim

nick-clegg

David Cameron yesterday slapped down a claim by Nick Clegg that Britain would one day sign up to the EU treaty he vetoed.

The Deputy Prime ­Minister said it would be accepted by the Government «in due course».

But the Prime Minister told MPs there was no chance of him changing his mind.

He said: «The situation is very straightforward. We did not sign the treaty because we did not get the safeguards that we received so that situation is not going to change.

«What our coalition partners put into the manifesto at the next election is entirely up to them.»

Mr Cameron’s remarks came as a draft treaty, agreed by the 26 European leaders who chose to forge ahead without the UK, emerged with significant concessions for Britain.

A leaked draft of the treaty changes that leaders will try to agree at the summit on January 30 shows that controversial reforms of the single market — which Britain has furiously campaigned to stop — have been left out.

Mr Cameron argued the single market — which gives British companies the same rights as other European firms looking for work in the EU — should not be tampered with, while Britain is excluded from discussions.

Meanwhile, the Chancellor George Osborne told MPs at the Treasury Select Committee yesterday that Britain was «prepared to consider» extra funding for the International Monetary Fund to help struggling Eurozone countries.

Mr Osborne said as long as other nations were included in the contribution he would consider increasing the UK’s contribution — but slammed the idea of a «unilateral» contribution from EU nations.

The Chancellor also issued a sharp warning to the banks against making big bonus payouts this year. Mr Osborne said industry had not had «a particularly successful year» which should be reflected in the level of the awards.

Giving evidence to the Commons Treasury Committee, he said he would be taking a «keen interest» in the bonuses paid by the part state-owned Royal Bank of Scotland.

«I am clear that — given the fact that this has not been a particularly successful year for banking — you would expect to see bonuses lower this year,» he told the committee.

12/21/2011 — Filed under: Politics
Tags: ,

EU leaders vow rapid action to control euro crisis

merkel

The leaders of France and Germany have vowed to speed up various measures to ease the eurozone crisis, as the euro flirted with new lows on the market amid signs of heightened banking tensions.

12/20/2011 — Filed under: Politics
Tags: ,

Face of Europe beauty contest

contest

After winning the Teen Face of the Czech Republic competition last year, 12-year-old Mariana Bečková decided it was time to conquer the rest of the Continent in the Face of Europe competition, making herself the first Czech contestant in a beauty pageant that pushes traditional contest boundaries.

12/19/2011 — Filed under: Society
Tags: ,

Italy, Spain easily raise in euro28 billion

euro

Spain and Italy gave financial markets a boost Thursday as they successfully raised nearly euro22 billion ($27,98 billion) in two keenly watched debt auctions that showed renewed investor confidence in their attempts to get a grip on their debt problems.

12/18/2011 — Filed under: Finance
Tags: , ,

Watford road is one of most crime-ridden streets in England

street

A Watford road has been named fourth in a poll of the top 50 worst crime streets in England.

12/17/2011 — Filed under: Crime
Tags: ,

Denmark takes on EU presidency

Denmark

For the first half of this year it is the turn of Denmark to take responsibility of the rotating presidency of the European Union.

12/16/2011 — Filed under: Politics
Tags: ,

Lithuania still planning to adopt euro in 2014 despite domestic, EU troubles: official

flag

Lithuania is still determined to introduce the embattled euro currency in two years, a government official said Tuesday, despite skepticism by the Baltic country’s president.

12/15/2011 — Filed under: Politics
Tags: ,

London to gain 6,000 new teachers

teacher

London can expect more than 6,000 newly qualified teachers in the next academic year, new data has revealed.

12/14/2011 — Filed under: Society
Tags: ,

EU accepts IBM antitrust concessions, ends probe

logo

EU antitrust regulators accepted concessions offered by International Business Machines Corp to end an antitrust investigation and avert a possible fine, the European Commission said on Wednesday.

12/13/2011 — Filed under: Business
Tags: ,

EU debt summit fails to satisfy ratings agencies

EU

Investors were bracing for a possible mass downgrade of euro zone countries as soon as this week after EU leaders failed to come up with decisive measures to tackle the region’s debt crisis.

12/12/2011 — Filed under: Finance
Tags: ,