EU states was "tough, but a right thing for Britain," Cameron

Cameron  dismissed the financial-transactions tax initiated by France and Germany recently as "discriminatory." The new fiscal compact was agreed by leaders of 26 EU member states at the summit, leaving Britain isolated from its continent partners.
The decision to reject the new intergovernmental treaty to enforce stricter budget discipline among European Union (EU) states was "tough, but a right thing for Britain," British Prime Minister David Cameron said Friday.
"Of course we want the eurozone countries to come together and to solve their problems, but we should only allow that to happen within the European Union treaties if there are proper protections for the single market and for other key British interests," Cameron told press following talks with leaders of EU countries.
Insisting the fiscal compact did not provide enough safeguards for Britain, the prime minister said "we will not be presenting this new treaty, when it's agreed, to our parliament. It will not involve Britain."
Cameron too dismissed the financial-transactions tax initiated by France and Germany recently as "discriminatory."  The new fiscal compact was agreed by leaders of 26 EU member states at the summit, leaving Britain isolated from its continent partners.