The UK effectively used its veto to block an attempt, led by the French and Germans.
Today; European leaders say 26 out of 27 EU member states have agreed a tax and budget agreement to tackle the debt crisis of eurozone.
The 17 countries that use the euro have all agreed to the deal; nine other countries have said they will sign up.
French President Nicolas Sarkozy said they could not accept the demand of Mr Cameron's (UK Prime Minister) insistence on a protocol allowing London to opt-out on proposed change on financial services.
Europe pushes ahead with fiscal union, UK isolated.
Today; European leaders say 26 out of 27 EU member states have agreed a tax and budget agreement to tackle the debt crisis of eurozone.
The 17 countries that use the euro have all agreed to the deal; nine other countries have said they will sign up.
French President Nicolas Sarkozy said they could not accept the demand of Mr Cameron's (UK Prime Minister) insistence on a protocol allowing London to opt-out on proposed change on financial services.
Europe pushes ahead with fiscal union, UK isolated.
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