14 December, 2011

Outs who are in

'We need to get some clarity on what this treaty might include', the FT reports a senior diplomat in Brussels as saying.

Oh.

We thought - did we not? - that they had concluded a Treaty and Britain was left on the sidelines, isolated, no seat at the European Table (which looks increasingly like the Last Supper, only with more food).

But no. One of the interesting points is the position of the 'outs who are in'. Of the 27, 17 are in the Eurozone, Britain is 'out out' and there are 9 countries who are not in the Eurozone but voted for the treaty (without seeing the wording). Do they have to send their budgets to Brussels for approval before they are put to their own parliaments? Can they be fined for running too large a deficit, even though it's none of Brussels' business?

The negotiations begin on the treaty tomorrow but it seems some are already having second thoughts.

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