Cameron softens his stance on Europe — but who benefits?

‘We will insist that the EU institutions — the court, the commission — that they work for all 27 nations of the EU.’ So said David Cameron, back in December, suggesting that he’d block Europe’s ‘fiscal compact’ countries from using EU-wide institutions to enforce their, er, fiscal compact. But now this component of his ‘veto’ appears to have come to naught, and that veto is looking all the thinner for it. On the Today Programme this morning, William Hague confirmed that Britain wouldn’t block the use of EU institutions, such as the court, for the fiscal union. ‘We’re not intending to take action about that now,’ is how he put it rather resignedly. And while Hague did go on to suggest that the government would take legal action should Britain’s interests be subsequently imperilled, the overall effect was to soften Cameron’s firm stance from before Christmas. This is, as Guido points