Cameron vows to protect 'British interests' at summit

8th December 2011, Comments 0 comments

Prime Minister David Cameron said on Thursday that he would be fighting for British interests as he arrived for an EU summit to save the euro, amid concerns London could hold up progress with its demands.

"We need obviously to get that stability in the eurozone that's good for European countries and good for Britain as well but also we need to protect Britain's interests," said Cameron.

"Those are my aims and that's what we will be discussing," added the prime minister in a brief statement to reporters ahead of a working dinner of EU leaders devoted to changing the framework of the embattled 17-country eurozone.

Under pressure from the eurosceptic wing of his conservative party, Cameron has vowed EU treaty change -- proposed by Germany and France as a response to the debt crisis -- must not be allowed to undermine British interests.

He notably wants to ensure that any changes to the treaty do not affect the financial powerhouse of the City of London, which plays a vital role in Britain's economy.

However, Paris and Berlin have vowed to go ahead without Britain if London does not feel able to sign up to a deal at the summit, fuelling fears of a two-speed Europe.

Britain and nine other EU countries are not in the euro but only Denmark and Britain have negotiated a so-called opt-out, meaning they are under no obligation to join.

Cameron has repeatedly ruled out Britain joining the single currency area.

© 2011 AFP

0 Comments To This Article