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EU should have two different budgets- David Cameron

in International Business

EU should have two different budgets- David Cameron

David Cameron seems to most likely veto the current proposed budget of the EU “if necessary”.

“The EU budget is a classic example of where should probably start to draw new line,” said Mr. Cameron.

He further added that there is going to be a need of having two European budgets-one for the single currency countries and one for those outside the single currency.

Mr Cameron also said he favored a referendum on a renegotiated role for Britain in the EU but once again ruled out holding a simple Yes or No vote on Britain’s membership.

“The fact is, I think most people in our country don’t actually want to leave the European Union or just accept how it is at the moment. They want to change it.”

“People in Europe know I mean what I say. They know I’m capable of saying no,” said Mr. Cameron, speaking on the Andrew Marr show.

Mr. Camero may veto the budget if he does not see Britain’s interest in it.

Tags assigned to this article:
Andrew MarrDavid CameronEU budgetEurozone

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