23 European Union leaders agree to fiscal curbs, but Britain blocks broad deal
Anthony Faiola and Michael Birnbaum
BRUSSELS After marathon negotiations, a group of 23 European leaders, including those from the 17 nations that use the euro, agreed to a pact with strict caps on government spending and borrowing to shore up the foundations of the currency. But the summit here fell short of winning full support of all 27 nations of the European Union.
An accord between all nations broke down in part due to British demands that sweeping new treaty changes proposed by Germany and France include protections for London from future financial regulations. The move suggested just how much anti-E.U. sentiments have grown in Britain, with London increasingly seen as an outlier in the region.
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"23 European Union leaders agree to fiscal curbs, but Britain blocks broad deal", La Clé des Langues [en ligne], Lyon, ENS de LYON/DGESCO (ISSN 2107-7029), septembre 2011. Consulté le 07/12/2023. URL: https://cle.ens-lyon.fr/anglais/archives/archives-revue-de-presse/23-european-union-leaders-agree-to-fiscal-curbs-but-britain-blocks-broad-deal