Isabel Hardman Isabel Hardman

‘Cameron will not turn back’: EU budget summit under threat

Will David Cameron be denied his veto moment after all? Brussels sources appear to think the European Union budget summit on 22 and 23 November could still be cancelled. A report from Italian wire service ANSA quotes one source saying ‘everything indicates that it will be impossible to overcome the British veto’ and that cancelling the summit remains an option. This follows reports recently that Angela Merkel was threatening to cancel the summit as it was pointless if Britain was going to veto any increase above one in line with inflation. The German Chancellor had a lengthy dinner with Cameron to discuss the summit on Wednesday night, but their talks haven’t stopped the European rumour mill.

Interestingly, the sources also suggest that ‘Prime Minister Cameron has gone too far and will not come back’, and that ‘the possibility of a rapid exit from the EU is no longer considered a taboo’.

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