_ For the first time in 39 years — 1972 — a British Prime Minister has used a veto to block an EU agreement. Camero said he wanted protection for his banking sector. But everyone else thought that banks were the problem to begin with and needed more regulation, not less. All the other Europeans couldn’t see why British banks should be singled out for special treatment.
In fact Germany and its allies deliberately opted to pass rules unfavorable to the British banking sector. It was a way to test Britain’s commitment to belonging to the EU. Many think they weren’t committed to begin with. They never agreed to the open borders policy. Nor did they adopt the euro. And they’ve constantly rebelled against control from Brussels.
So extreme was the revulsion against what Britain had just done that Sarkozy refused to shake Cameron’s hand.
In fact Germany and its allies deliberately opted to pass rules unfavorable to the British banking sector. It was a way to test Britain’s commitment to belonging to the EU. Many think they weren’t committed to begin with. They never agreed to the open borders policy. Nor did they adopt the euro. And they’ve constantly rebelled against control from Brussels.
So extreme was the revulsion against what Britain had just done that Sarkozy refused to shake Cameron’s hand.