European Union leaders ramp up battle over budget cuts

European Union leaders ramp up battle over budget cuts

Written by Simon Tilford, 22 November 2012

"With the budget, it is in the UK's interests to compromise," said Simon Tilford, chief economist at the CER. "If the eurozone integrates further," he said, referring to the EU members that share the euro currency, "then the UK's position could become increasingly untenable. They would be out of the sphere of the EU and would make it difficult to (contribute) to policy."

Link to press quote:
http://www.usatoday.com/story/news/world/2012/11/22/eu-euro-crisis/1721209/