Arab Today, arab today cameron warns of ‘major problem’ if eu surcharge isn’t resolved
Last Updated : GMT 02:18:28
Arab Today, arab today
Arab Today, arab today

Cameron warns of ‘major problem’ if EU surcharge isn’t resolved

Arab Today, arab today

Arab Today, arab today Cameron warns of ‘major problem’ if EU surcharge isn’t resolved

UK Prime Minister David Cameron
London - MENA

UK Prime Minister David Cameron said on Friday that there would be a “major problem” if a dispute over the demand for Britain to pay an extra €2.1 billion ($2.6 billion) toward the European Union budget isn't resolved, the Wall Street Journal reported.
At a news conference in Helsinki following a meeting with Baltic and Nordic leaders, the British prime minister reiterated the view that both the scale of the demand and the proposed timetable for payment by Dec. 1 was unacceptable.
While Mr. Cameron was in Finland, his Treasury chief, George Osborne, was at an Ecofin meeting of EU finance ministers in Brussels where Britain’s surcharge- and those of some other European countries- is being discussed.
“The two elements that I said were absolutely clear was that we wouldn’t pay €2 billion on the first of December and we didn’t believe in paying anything like that amount. Those are the two issues I have put on the table. I hope they can be resolved at Ecofin—if they can be then that will be good, and if they can’t then obviously we will have a major problem,” Cameron said.
“But let’s let that negotiation continue and see if it reaches a conclusion today or perhaps later,” he said.

 

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