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		</div><p><a href="http://londonglossy.com/wp-content/uploads/2010/12/big-three-demand-eu-budget-freeze.jpg"><img class="alignnone size-full" title="British Prime Minister David Cameron, rear center, looks on as German Chancellor Angela Merkel, left, and European Council President Herman Van Rompuy, front center, speak" src="http://londonglossy.com/wp-content/uploads/2010/12/min-big-three-demand-eu-budget-freeze.jpg" alt="British Prime Minister David Cameron, rear center, looks on as German Chancellor Angela Merkel, left, and European Council President Herman Van Rompuy, front center, speak"/></a></p>
<p>David Cameron has joined forces with France and Germany to demand a real-terms freeze in the European Union budget until the end of the decade.</p>
<p>The Prime Minister published a joint text with French President Nicolas Sarkozy, German Chancellor Angela Merkel and other European leaders setting out their demands for restraint in EU spending.</p>
<p>The European allies insisted that the Union&#8217;s budget should rise by no more than the rate of inflation over the period 2014-20, with Mr Cameron claiming the document put down &#8220;a firm marker&#8221; of their determination not to allow the budget to swell.</p>
<p>Speaking at the end of the European Council summit in Brussels, the premier said he had secured a &#8220;clear and unanimous agreement&#8221; that Britain would not be &#8220;dragged into bailing out the eurozone&#8221; as part of a new stability mechanism to be introduced in 2013.</p>
<p>The UK would still be part of the existing emergency mechanism until then, but that had been a commitment entered into by the former Labour government and &#8220;we have to live with it&#8221;, he said.</p>
<p>Mr Cameron said the text covered negotiations on the EU budgets for 2012 and 2013 as well as the longer-term perspective for 2014-20. &#8220;What I am doing, together with our key partners in Europe, is putting down a firm marker for these negotiations,&#8221; he said.</p>
<p>&#8220;All around Europe, countries are tightening their belts to deal with their deficits. Europe can&#8217;t be immune from that. We want to see real budgetary restraint for 2014-20 &#8211; the time of the next financial perspective. That is why the text we will publish talks about at least a real-term freeze in the budget for that period.&#8221;</p>
<p>He described the agreement between Britain, France and Germany as &#8220;incredibly significant&#8221; and a &#8220;huge achievement&#8221;. &#8220;This is Britain, France and Germany &#8211; the three biggest countries in the EU &#8211; standing together united on the need for stopping the EU budget getting out of control,&#8221; he said.</p>
<p>Mr Cameron admitted he wanted the 2011 budget increase to have been lower than the 2.91% agreed during the summit, and would be working for a lower rise for 2012. Britain had pushed for a freeze in 2011 but was outvoted by other countries.</p>
<p>&#8220;Even 2.91% means a lot of extra money going from Britain to Brussels, so I want us to do even better in 2012,&#8221; he said yesterday.</p>
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