David Cameron’s veto of the Economic Council meeting’s proposal was cynical, not absolute and unprincipled, and can still be over Andrew Brons MEP has said.
Speaking after a debate in the European Parliament on the conclusions of the meeting, Mr Brons told BNP Ideas that while he was pleased that Mr Cameron had vetoed the treaty, “I cannot applaud his motives.
“If Germany and France had agreed to a supposedly legally-binding protocol protecting the City from further regulation and from a financial transactions tax, he would have agreed to it,” Mr Brons said.
“If he is opposed, in principle, to fiscal union, he should not allow himself to be persuaded to consent to it, simply because it would not apply to us in the United Kingdom.
“That would be unprincipled and hypocritical,” Mr Brons continued.
“Mr Cameron is being applauded by his Euro-sceptic wing, when his rejection of the Treaty was cynical, pragmatic and not absolute and principled.
“Anyway, he has probably not succeeded in saving the City of London from regulation, because the legislation can be pushed through the Council by qualified majority voting,” he pointed out.
“However, if it’s any consolation for poor Mr. Cameron, whilst the seventeen plus will certainly be able to reach an agreement outside the auspices of the EU, it will be an agreement binding in honour only. It will not be enforceable by the institutions of the European Union,” Mr Brons concluded.