Tuesday, December 13, 2011

Cameron’s Go-It-Alone on Euro Can’t Cut U.K. Off From EU Decision-Making - Bloomberg

Prime Minister David Cameron’s decision to distance Britain from European efforts to save the euro isn’t likely to make the U.K. more independent of the bloc. The difference now is that British diplomats may be fighting to regain ground lost by Cameron’s decision to go it alone as they try to influence policies inimical to U.K. interests. At stake are decisions on the regulation of financial services, energy, farm subsidies and defense cooperation. “There’s not a lot of goodwill towards the U.K. at the moment,” Robin Niblett, director of the Chatham House foreign- affairs research group in London, said in a telephone interview. “There will be some bad blood towards British diplomats in the near term.”

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