Douglas Carswell's Blog

EU deal: this is no victory

The spin says that the proposals from France and Germany for fiscal governance extend to the Eurozone only and so will not affect the UK.

The truth is that the EU might not be able to impose sanctions at this time, but our budget will be subject to as much scrutiny like every member state, including in theory Greece.

Having established common EU scrutiny over our budget, this deal also means a common EU legal framework applicable to "all EU Member States" - irrespective of us being outside the Euro.  The path is now clear for us to be out voted on future EU legislative initiatives involving our internal fiscal affairs. 

We've not just given ground over how much of our money we give the EU.  We've given the EU a say over how we spend our own money at home.  Some victory, eh. 

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