Cameron calls for EU budget structure reform

8 October 2012

The budget structure of the European Union (EU) should be altered so eurozone member states pay more towards the bloc's governance.

That is the opinion of British prime minister David Cameron, who believes countries under the single currency umbrella should take more responsibility for the maintenance of the EU.

During an interview on the BBC's Andrew Marr show yesterday (7 October), Mr Cameron explained that such a two-tier system is almost inevitable because of the fact the euro has a single bank behind it and nations using this tender trade with each other more than other countries.

"There will come a time when you are going to need to have two European budgets - one for the single currency ... and perhaps a wider budget for everyone else," the premier noted.

Furthermore, Mr Cameron went on to insist he wants the UK to remain a full part of the EU moving forward.

By Gary Cooper

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