Cameron Blocks EU Treaty Deal Bid In Brussels UK Alone As Cameron Vetoes Euro Treaty

David Cameron is being blamed for the collapse of attempts to agree a new Europe-wide treaty to deal with the economic crisis in the eurozone.
The French President Nicolas Sarkozy said the Prime Minister's demands for concessions to protect Britain's financial sector were "unacceptable".
France and Germany say they will now pursue a treaty involving members of the euro - along with any other countries willing to take part.
Summit officials said the 27 leaders spent the first five hours of talks discussing what options they faced in trying to restore eurozone stability and credibility.
Germany insisted that a treaty change was vital for the introduction of strict new rules and sanctions over eurozone members breaching debt limits.
The rules would not apply to the UK, even if all 27 agreed them.
A 27-way accord was described by Mr Cameron earlier this week as "the most comprehensive and credible way" to provide the necessary safeguards and restore confidence in the single currency.
But in heated and tense discussions over dinner he was warned that the 17 eurozone countries would go ahead with their own treaty revision if he pushed Britain's demands too far.
The talks turned to treaty change in earnest shortly after 1am Brussels time - ending at 5am with a breakdown of efforts by the 27 to stick together.
It raises the risk of a powerful "inner core" of countries effectively excluding the UK from crucial finance-related discussions and decisions in future which could affect the City of London.
The signs now are that the new treaty will be endorsed by "17-plus" - the 17 eurozone nations and as many of the 10 others as wished to do so.
One official said it looked as if the UK will be joined only by Sweden in isolation.
Mr Cameron said before the summit that even a 17-plus deal would not mean any amendment to the EU treaty the UK was already signed up to "so this would not mean a change in our own treaty obligations".
The problem for the 17 is that the use of the EU institutions - particularly the European Commission - to implement their decisions, would require the unanimous agreement of all 27 countries.
It means Mr Cameron still has some cards to play in seeking to safeguard Britain's role, particularly over single market and financial services issues in future decision-making.
French president Nicolas Sarkozy emerged from the talks saying David Cameron had made "unacceptable" demands for exemptions from certain financial regulations in return for joining in the "fiscal compact" which is to be enshrined in the treaty change.
European Commission president Jose Manuel Barroso he regretted that unanimity on treaty change had not been possible.
"Those that have today approved this new fiscal compact have stated that they want to put it as soon as possible into a new fully-fledged treaty, after revision of the current treaties," he said.
"Having seen it was not possible to get unanimity, it was the proper decision to go ahead at least with those ready to commit immediately. That includes all 17 in the eurozone, plus some who are not in the euro area but want to take part in this fiscal compact."
He insisted EU lawyers had already stated that it would be possible for the EU institutions to take a full part in policy issues involving the treaty changes.
He added: "We would have preferred a unanimous agreement. This was not possible so I think the only alternative was to do it through this kind of intergovernmental treaty - but that does not mean that the EU institutions are not going to have a role.
"We are determined if we can do it from legal point of view."