UK alone as EU agrees fiscal deal
Found on BBC News on Friday, 09 December 2011
Only the UK has said it will not join. Prime Minister David Cameron said he had to protect key British interests, including its financial markets.
The UK effectively used its veto to block an attempt, led by the French and Germans, to get all 27 EU states to support changes to the union's treaties.
"We were offered a treaty that didn't have proper safeguards for Britain, and I decided it was not right to sign that treaty," he told the BBC.
Who cares about the UK. They are just afraid that the required regulation of the financial markets will hurt their banking and stock exchange markets. Instead they fight to stay under the control of the global investors who wouldn't think twice to drop them like a hot potato when they act up.