Downing Street Says

» Monday, November 14, 2011

Eurozone

Asked if the Prime Minister would be seeing Chancellor Merkel later that week, the PMS said no meetings had been confirmed. He added the Prime Minister would take the opportunity over the coming weeks to speak to and possibly see some of his opposite numbers in other European countries ahead of the European Council in December. Asked why the Prime Mister felt the need to have these conversations, the PMS said it was normal practice to speak to other nations ahead of a European Council.

Asked if the Prime Minister was neutral on an EU treaty change, the PMS said there was a change in the last year and we were able to use that change as a way of furthering our national interest. He said that there would be discussions in December which would look at eurozone economic governance and, as part of that, the possibility of limited treaty change. The PMS added that we had been clear about our priorities which were protecting the single market and financial services. Asked if a limited treaty change would include tighter financial surveillance of eurozone countries by the EU Commission, the PMS said we would need to wait and see the proposals.

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Eurozone

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