U.K. to participate in EU fiscal pact talks

Note: This section contains information in English only.
Source: Dukascopy Bank
© Dukascopy Bank
"We will participate in those [eurozone fiscal pact] discussions"
- British government spokesman

U.K. has been invited to participate in discussion on a eurozone fiscal pact, despite rejecting to sign up to it, said the government on Thursday. Prime Minister David Cameron voted against changes to the EU treaty at a summit in Brussels December 9.

"The Council has now proposed an ad hoc grouping of representatives from member states and the EU institutions to take forward this work and we will participate in those discussions," said a British government spokesman.

"This means that we will be at the table when the use of the EU institutions is discussed, giving us the opportunity to raise any concerns and to support the role of the institutions in safeguarding the single market."

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