{"id":2589,"date":"2011-12-09T15:38:22","date_gmt":"2011-12-09T20:38:22","guid":{"rendered":"http:\/\/goldstocksforex.com\/?p=2589"},"modified":"2011-12-09T15:38:22","modified_gmt":"2011-12-09T20:38:22","slug":"bbc-news-david-cameron-defends-decision-to-block-eu-wide-treaty","status":"publish","type":"post","link":"https:\/\/thepatientinvestor.com\/index.php\/2011\/12\/09\/bbc-news-david-cameron-defends-decision-to-block-eu-wide-treaty\/","title":{"rendered":"BBC News &#8211; David Cameron defends decision to block EU-wide treaty"},"content":{"rendered":"<p>Having failed to reach an agreement of all 27 EU members, the 17 eurozone countries and the other EU states apart from the UK are expected to sign up to the new deal, which includes:<\/p>\n<p>\u2022 a commitment to &#8220;balanced budgets&#8221; for eurozone countries- defined as a structural deficit no greater than 0.5% of gross domestic product &#8211; to be written into national constitutions<\/p>\n<p>\u2022 automatic sanctions for any eurozone country whose deficit exceeds 3% of GDP<\/p>\n<p>\u2022 a requirement to submit their national budgets to the European Commission, which will have the power to request that they be revised<\/p>\n<p>Mr Cameron said the abandoned treaty change involving all 27 members had been in danger of &#8220;distorting the single market&#8221;.<\/p>\n<p>&#8220;I think I did the right thing for Britain,&#8221; he said. &#8220;We were offered a treaty that didn&#8217;t have proper safeguards for Britain and I decided it was not right to sign that treaty.&#8221;<\/p>\n<p>via <a href=\"http:\/\/www.bbc.co.uk\/news\/uk-politics-16116276\">BBC News &#8211; David Cameron defends decision to block EU-wide treaty<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Having failed to reach an agreement of all 27 EU members, the 17 eurozone countries and the other EU states apart from the UK are expected to sign up to the new deal, which includes: \u2022 a commitment to &#8220;balanced budgets&#8221; for eurozone countries- defined as a structural deficit no greater than 0.5% of gross &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/thepatientinvestor.com\/index.php\/2011\/12\/09\/bbc-news-david-cameron-defends-decision-to-block-eu-wide-treaty\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;BBC News &#8211; David Cameron defends decision to block EU-wide treaty&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[33],"tags":[940,962,1287,1295,3519],"class_list":["post-2589","post","type-post","status-publish","format-standard","hentry","category-uk-europe-countries-regions","tag-david-cameron","tag-debt-crisis","tag-eu-treaty","tag-euro-zone","tag-uk"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>BBC News - David Cameron defends decision to block EU-wide treaty - the patient investor<\/title>\n<meta name=\"robots\" content=\"noindex, follow\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"BBC News - David Cameron defends decision to block EU-wide treaty - the patient investor\" \/>\n<meta property=\"og:description\" content=\"Having failed to reach an agreement of all 27 EU members, the 17 eurozone countries and the other EU states apart from the UK are expected to sign up to the new deal, which includes: \u2022 a commitment to &#8220;balanced budgets&#8221; 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But details of the proposed treaty remained to be settled. The U.K. stood\u2026","rel":"","context":"In &quot;UK &amp; Europe&quot;","block_context":{"text":"UK &amp; Europe","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/uk-europe-countries-regions\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":2596,"url":"https:\/\/thepatientinvestor.com\/index.php\/2011\/12\/11\/camerons-rejection-of-eu-summit-isolates-britain\/","url_meta":{"origin":2589,"position":1},"title":"Cameron&#8217;s Rejection of EU Summit Isolates Britain","author":"ColinTwiggs","date":"December 11, 2011","format":false,"excerpt":"\"There is now little point in Britain staying in the EU,\" said MacShane, who was a minister in Tony Blair's generally pro-Europe Labour Party government. \"It is an historic turning point and Britain might as well get out now, as Europe's future will be settled without us.\" .......The economic impact\u2026","rel":"","context":"In &quot;UK &amp; Europe&quot;","block_context":{"text":"UK &amp; Europe","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/uk-europe-countries-regions\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":2380,"url":"https:\/\/thepatientinvestor.com\/index.php\/2011\/11\/26\/euro-zone-weighs-plan-to-speed-fiscal-integration-wsj-com\/","url_meta":{"origin":2589,"position":2},"title":"Euro Zone Weighs Plan to Speed Fiscal Integration &#8211; WSJ.com","author":"ColinTwiggs","date":"November 26, 2011","format":false,"excerpt":"BERLIN\u2014Euro-zone countries are weighing a new plan to accelerate the integration of their fiscal policies, people familiar with the matter said, as Europe's leaders race to convince investors they can resolve the region's debt crisis and keep the currency area from fracturing. Under the proposed plan, national governments would seal\u2026","rel":"","context":"In &quot;UK &amp; Europe&quot;","block_context":{"text":"UK &amp; Europe","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/uk-europe-countries-regions\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":5319,"url":"https:\/\/thepatientinvestor.com\/index.php\/2012\/08\/22\/germany-backs-draghi-bond-plan-against-bundesbank-telegraph\/","url_meta":{"origin":2589,"position":3},"title":"Germany backs Draghi bond plan against Bundesbank &#8211; Telegraph","author":"Colin Twiggs","date":"August 22, 2012","format":false,"excerpt":"By Ambrose Evans-Pritchard, 9:39PM BST 20 Aug 2012 \u201cA currency can only be stable if its future existence is not in doubt,\u201d said J\u00f6rg Asmussen, the powerful German member of the ECB\u2019s executive board. He signalled full backing for the bond rescue plan of ECB chief Mario Draghi, brushing aside\u2026","rel":"","context":"In &quot;Banks &amp; Interest Rates&quot;","block_context":{"text":"Banks &amp; Interest Rates","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/economy\/the-fed-banks-interest-rates\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":2329,"url":"https:\/\/thepatientinvestor.com\/index.php\/2011\/11\/24\/eu-sets-out-proposal-on-euro-zone-bonds-wsj-com\/","url_meta":{"origin":2589,"position":4},"title":"EU Sets Out Proposal on Euro-Zone Bonds &#8211; WSJ.com","author":"ColinTwiggs","date":"November 24, 2011","format":false,"excerpt":"BRUSSELS\u2014The European Commission proposed Wednesday significantly tighter controls over euro-zone members' budgets, alongside options for a common euro-zone bond market.....The commission said the deteriorating economic climate requires greater reform efforts from member states.If a government doesn't comply with the EU's demands, they could be locked out of European Union budget\u2026","rel":"","context":"In &quot;UK &amp; Europe&quot;","block_context":{"text":"UK &amp; Europe","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/uk-europe-countries-regions\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":6581,"url":"https:\/\/thepatientinvestor.com\/index.php\/2013\/01\/25\/german-press-review-of-cameron-call-for-british-eu-referendum-spiegel-online\/","url_meta":{"origin":2589,"position":5},"title":"German Press Review of Cameron Call for British EU Referendum &#124; SPIEGEL ONLINE","author":"Colin Twiggs","date":"January 25, 2013","format":false,"excerpt":"The center-right Frankfurter Allgemeine Zeitung writes: \"Cameron's strategy may be dangerous, but his analysis isn't wrong. Euro-zone integration is getting ever deeper and that has consequences for EU countries that are not part of the common currency. In general, the competitive capacity across the EU leaves a lot to be\u2026","rel":"","context":"In &quot;UK &amp; Europe&quot;","block_context":{"text":"UK &amp; Europe","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/uk-europe-countries-regions\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/2589","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/comments?post=2589"}],"version-history":[{"count":0,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/2589\/revisions"}],"wp:attachment":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/media?parent=2589"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/categories?post=2589"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/tags?post=2589"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}