Impact of EU veto by UK

Europe's late night wrangling to strike a deal to rescue the European economy meant the story broke AFTER Friday's newspapers went to print. 

But now, as Europe wakes up on Saturday morning, we can take a look at how the papers are reacting as Britain's rejection of the deal which is dominating the coverage.

Al Jazeera's Jacky Rowland looks back at how events unfolded

Category:

News & Politics

Tags:

• Europe
• EU
• European Union
• eurozone
• Jacky Rowland
• David Cameron
• UK
• Al Jazeera
• AlJazeera
• Youtube

[Emelec18]

Cameron to the english people: "I was going to sign the legislation, until I took an arrow in the knee"

[Wiseguyzmoney]

@JewTube001 lol jewtube

[salian66]

the e.u was about trade between our nations not law and finance,we, are sick and tired of the eu laying down the law greedy fatcats raking in the money,yes kinnock your one of them socialist my arse,taking on third world countries rumania,greece,poland,ireland just bottomless gullets swallowing e.u money contributing fuck all,BRITAIN FUCK THE E.U OFF WE TRADE WE THEM AND THATS IT,we helped free europe of slavery now we are back there, european countries IN IT FOR THEMSELVES.

[neverfearchrisishere]

@townsley2 Trade goes two ways. The UK represents a big chunk of all economic activity in the EU (The EU may have 27 countries, but don't fool yourself, 23 of them are tiny irrelevant economies), and I doubt many EU countries would like a 10-20% reduction in trade overnight.

So. Never going to happen.

Sorry for not helping bail out the Euro though - lols, have fun Germany. Perhaps you should of put some rules in at the start to stop countries destroying it.

[limetang]

@townsley2 Oh I'm well aware you don't give a shit about the UK. You just care about the UK's money and how much of it you can take for yourselves. Banishment from the market though? I don't think so. If we're trading with European nations it's because both trading partners have something to gain from trading with each other. Whether we were in the EU or not would irrelevant. Both parties would still have something to gain from trade. So would both still trade.

[townsley2]

@limetang

Who do you think you are? We don't give a shit about UK ! UK's far more dependent on the internal market of the EU than EU on the UK.

EU 26 are looking forward and that veto won't prevent Europe to move on to a better economical union & integration. That is to help eurozone and internal market. The consequence for UK within a EU exit is immediate banishment from the internal market and implosion of the UK: Scotland and Wales would't follow English isolation. Now be my guest

[limetang]

@townsley2 The UK depends on European nations for trade. Not the EU.

The EU refused Cameron's demand because it was desperate for the money that "financial regulation" would bring. Incase you hadn't heard the Euro is going through a bit of a crisis at the moment. And the reactions of european politicians afterwards tell you all you need to know. The attempts to scare the UK into reversing their decision are laughable.

[townsley2]

@limetang

"Scared" ?? UK begged EU for a rider to that treaty so that they 'd have a specific exemptation of any financial regulation. EU firmly refused Cameron's demand : that's not a "scared" behavior! EU are now 26, UK is 1 and clearly showed 8 of its first 10 trading partners (over 80% of UK trades are made within european countries, so that Britain's entirely dependent on EU) its selfishness. A wise decision, really ! 

[limetang]

@TheLiberalKnight Scare tactics are all they have. "Without the EU you will lose trading partners"... why? Many non-eu nations manage to trade with Europe just fine. If we're buying and selling things to europe while we're in the EU we'll buy and sell with them when we're not. Supply and demand will continue.

Anyone with a brain can see that the EU needs the UK a lot more than the UK needs the EU. They're scared of what would happen without the UK.

[TheLiberalKnight]

@townsley2 Typical scaremongering from the Europhile traitors! Why in god's name would war break out in Europe if it weren't for the EU? The age of imperialism is over for us! France and Germany have no desire to expand their borders. There is an established balance of power. All of Europe is democratic (except the EU of course).

The euro is a failing currency. Not only is there demographic issues, but regulation drags European competition to the dirt. Protectionism fails!

[townsley2]

@TheLiberalKnight

Oh shut up moron. u're getting all mixed up and make fool of yourself! Europe has been created exactly to avoid new inner european wars and it's perfectly working so far. Neighbors aren't enemies. Only eurosepticals are deepshit.

[TheLiberalKnight]

@townsley2 You are a traitor to France and the French people. It was unpatriotic cunts like you who co-operated with the Nazis under Vichy. Why should the French people give up their national identity? The euro is finished. You can't compete with China or Brazil. Give up! The best the Europeans can do is invent new industry, that is what we do best. That is the only way we can compete! The euro is over. I hope it collapses.