Britain is facing a fresh battle over Europe after France and Germany unveiled plans to use a new treaty to meddle in the single market and use the EU’s institutions to do business behind the UK’s back.A leaked draft version of the new ‘fiscal compact’ deal between other members of the EU, following David Cameron’s historic refusal to sign up last month, revealed the ‘euro-plus’ bloc intended to take decisions that relate to the EU’s internal market.
It also proposed a bigger role for the European Commission in overseeing tough new debt rules across the Continent.
The text insists these must be incorporated into EU law within five years – suggesting France and Germany aim to get Britain to reverse its veto and agree to the deal. Read More
