AP/Yahoo News
"BRUSSELS (AP) — The leaders of 23 European countries moved to tie their economies much closer together in a new treaty in their latest attempt to shore up the euro, but failed to get the four other European Union members, including Britain, to join in. ......The failure of the EU to get unanimous support for more stringent budgetary rules may rattle the foundations of a union created to foster peace and prosperity across Europe following World War II.
French President Nicolas Sarkozy laid the blame at the feet of British Prime Minister David Cameron. ......Cameron defended his stance. "What was on offer is not in Britain's interest so I didn't agree to it," he told reporters in Brussels."We're not in the euro and I'm glad we're not in the euro," he said. "We're never going to join the euro and we're never going to give up this kind of sovereignty that these countries are having to give up."
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