Prime Minister David Cameron stands firm on EU treaty

David Cameron has defended his decision not to block the use of EU institutions by a new eurozone fiscal pact.

He told the Commons the pact "places no obligations" on the UK, but he would take "legal action" if the future role of the European Court threatened UK.

Conservative MPs have accused the PM of weakening the stance he took last year when he vetoed EU treaty change.

And Labour leader Ed Miliband called it a "phantom veto" and said the PM had secured "no protections" for Britain.

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