Eurozone
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Asked if the PM had formed a view as to whether he could support the Merkozy pact, the PMS said that they needed to see the options being proposed before they made a judgement on how to approach the negotiation.
Asked if the PM was concerned about the possibility of a two speed Europe, the PMS said that we needed to look at the substance of the proposals first, and that we didn’t want to see anything happen that would undermine the integrity of the single market.
Asked if there was any possibility that the Government would have a referendum, the PMS said that the position on a referendum was very clear. He added that no one was proposing a transfer of power from London to Brussels, but rather new economic governance rules for Eurozone countries.
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