European leaders have embarked on a mammoth effort to forestall the ruin of the single currency at what was seen as the most important Brussels summit in years, with France, Germany and the leaders of the eurozone lined up against David Cameron and his campaign to extract a price in return for agreeing to Europe’s new “fiscal compact”.
President Nicolas Sarkozy of France said the two-day summit was the EU’s last chance to save the euro. Chancellor Angela Merkel of Germany, the central figure pushing a new punitive euro regime, voiced confidence that a satisfactory deal would be reached. Cameron insisted he wanted a “fair deal” for Britain and warned he would not hesitate to veto Franco-German proposals unless he got something in return.
Tough-talking Cameron. Showing them foreigners who’s boss, eh?
In what was seen as a warning on behalf of Germany and France, Jean-Claude Juncker, the prime minister of Luxembourg and chairman of the Eurogroup, told Cameron to back off or face the prospect of being sidelined by a new treaty forged simply among the 17 eurozone countries.
Does he really think that all these countries that are directly affected gonna not implement what they think they need to because some jumped up, shiny headed, PR man from Britain thinks it’s a bad move for his tiny country?
The Eurozone, those countries that use the Euro currency, are the majority. 17 out of 27 countries. This summit is about saving the Euro, not bringing closer integration or forwarding the European project. This is not about us. It’s about them.
Cameron hasn’t got a chance, what-ever happens he’s fucked, at home or abroad and he’s just carries on like nobodies noticed.