UK isolated as 26 EU members set to enter fiscal union

Nine countries are ready to join the 17 members of the euro zone to draft a new intergovernmental treaty for deeper fiscal union aimed at tackling the sovereign debt crisis, a new set of draft summit conclusions said on Friday.

The decision appears to isolate Britain even more markedly as the only one of the 10 non-euro-zone countries in the EU not to agree to join the treaty change.

“The Heads of State or Government of Bulgaria, Czech Republic, Denmark, Hungary, Latvia, Lithuania, Poland, Romania and Sweden indicated the possibility to take part in this process after consulting their Parliaments where appropriate,» said the draft conclusions.


Subscribe to our Newsletters

Enter your information below to receive our weekly newsletters with the latest insights, opinion pieces and current events straight to your inbox.

By signing up you are agreeing to our Terms of Service and Privacy Policy.