UK to stop bailing out eurozone by 2015, says Cameron

Image caption,
David Cameron attended an EU leaders' summit at the weekend

The UK will no longer be "dragged into bailing out the euro" if the government gets its way, David Cameron has said.

The prime minister said the government would back a treaty to this effect, which would come into force in 2015.

In a statement to the House of Commons on the weekend's EU summit in Brussels, he promised to act in "our interests" in Europe.

But Labour Ed Miliband said the treaty would a "minor change" and accused Mr Cameron of "grandstanding".

Mr Cameron said the UK had also joined forces with France and Germany to demand a freeze in the EU budget until the end of the decade.

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