Finance Minister: Britain Wants a Cut in EU Budget

Thursday, 01 Nov 2012 05:15 AM

 

Share:
  Comment  |
   Contact Us  |
  Print  
|  A   A  
  Copy Shortlink

LONDON — Britain wants a cut in the European Union (EU) budget and Prime Minister David Cameron will veto any deal that is not good for the British taxpayer, finance minister George Osborne said on Thursday.

"We want a cut in the EU budget," Osborne told BBC Radio 4. "We are at the beginning of a negotiation. Let us see where that negotiation leads."

The second most powerful man in the British government refused to comment  on whether he thought securing such a cut was possible or not, but said Wednesday's defeat in parliament meant the government had to listen to lawmakers.

"We will not accept a deal unless it is good for the British taxpayer. We will veto any deal that is not good for the British taxpayer," Osborne said.

© 2014 Thomson/Reuters. All rights reserved.

Share:
  Comment  |
   Contact Us  |
  Print  
  Copy Shortlink
Around the Web
Join the Newsmax Community
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
 
Email:
Retype Email:
Country
Zip Code:
 
Hot Topics
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
Around the Web
You May Also Like

Student Fought Bureaucrats for Holocaust Justice

Saturday, 19 Apr 2014 10:52 AM

Charlotte van den Berg was a 20-year-old college student working part-time in Amsterdam's city archives when she and oth . . .

At Barricades, Ukraine Insurgents Await Easter

Saturday, 19 Apr 2014 10:07 AM

Pro-Russian forces in eastern Ukraine on Saturday prepared to celebrate Orthodox Easter at barricades outside government . . .

New Russia Sanctions Threats as Ukraine Stalemate Goes on

Saturday, 19 Apr 2014 06:35 AM

A day after an international deal in Geneva to defuse the East-West crisis in Ukraine, pro-Russian separatists vowed not . . .

Newsmax, Moneynews, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, NewsmaxWorld, NewsmaxHealth, are trademarks of Newsmax Media, Inc.

 
NEWSMAX.COM
America's News Page
©  Newsmax Media, Inc.
All Rights Reserved