Britain was the only country of twenty-seven EU countries not to sign-up to the new treaty:
http://www.bbc.co.uk/news/uk-politics-16116276
The treaty sets out new limits on each nation’s budget, principally:
– a structural deficit for Eurozone countries no greater that 0.5% of GDP
– automatic sanctions for any Eurozone country with a deficit exceeding 3% of GDP
So, has Cameron done the right thing?
Good move Sir .
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