Might as well post this here as this whole issue regarding the latest EU treaty of sorts and Cemeron's veto looks set to be the main issue in UK politics for a while.

http://www.telegraph.co.uk/finance/financi...

Britain has vetoed an EU treaty change on measures to resolve the eurozone debt crisis. Hungary also said it would not take part and Sweden and the Czech Republic said they would have to go back to their own governmentts before making a decision.

However the 17 eurozone nations, plus six countries who hope to join the single currency, have agreed to sign up to a new treaty, outside the EU treaty, that will introduce stronger controls over individual countries' finances.