The Boiling Frog has not only roasted our
Prime Minister Regional Governor, but virtually skinned him in the process.
"Martin Schulz, the German leader of Europe's Social Democrat MEPs, the parliament’s second biggest bloc, said Mr Cameron’s promise was “nonsense” and the Prime Minister was “setting himself up for a fall”. He said: “The negotiations have barely begun - it is not for Mr Cameron to announce their conclusion.” He added: “The figures he is talking about bear little relation to reality. He is setting himself up for a fall.”
A diplomat from one of EU countries that signed Mr Cameron’s letter predicted that the final deal would be larger than promised. “It will be very difficult to keep at 2.9 per cent with what the parliament is saying,” said the diplomat.
And a European Commission official stressed that Mr Cameron’s guarantee “doesn’t change anything” because legally binding “conciliation” talks continue until Nov 11.
In office but not in power, eh, Mr Cameron?"
Note that Martin Schulz and the unnamed EU diplomat both recognise that 'it is not over till the fat lady sings' - ie, they both know that what Richard North, EU Referendum, wrote is quite correct, namely that it is the EU Parliament who holds the 'whip hand'!
As Douglas Carswell writes:
"The spin says that the proposals from France and Germany for fiscal governance extend to the Eurozone only and so will not affect the UK.
The truth is that the EU might not be able to impose sanctions at this time, but our budget will be subject to as much scrutiny like every member state, including in theory Greece.
Having established common EU scrutiny over our budget, this deal also means a common EU legal framework applicable to "all EU Member States" - irrespective of us being outside the Euro. The path is now clear for us to be out voted on future EU legislative initiatives involving our internal fiscal affairs.
We've not just given ground over how much of our money we give the EU. We've given the EU a say over how we spend our own money at home. Some victory, eh."