Germany warns UK on EU summit
GERMANY: Germany is planning to warn Britain that an upcoming
European summit may be cancelled if London insists on vetoing any deal
that does not freeze EU spending, the Financial Times reported on
Monday.
German Chancellor Angela Merkel is trying to persuade her British
counterpart, Prime Minister David Cameron, to support a compromise
capping European Union spending at 1.0 percent of European gross
domestic product, the newspaper reported without revealing its sources.
“If there isn’t a deal that’s good for Britain, there won’t be a
deal,” Cameron said last week, according to the report.
“We can’t have European spending go up and up and up when we are
having to make difficult decisions in so many different areas.” Merkel
will be in London in early November to meet with Cameron, the FT said.
AFP |