Eurosceptics blast Cameron's U-turn

David Cameron has softened his tone on closer European integration to end the eurozone crisis. A clever move to keep Britain at the table, or is the prime minister losing his nerve?

David Cameron is facing anger from Conservative eurosceptic MPs. It comes after the prime minister backtracked on his earlier opposition to euro members using European Union institutions, such as the European Court of Justice, to enforce tighter budgetary discipline in the eurozone.

"His U-turn is complete," says Andrew Grice in The Independent. Tory MPs who hailed him as a hero in December when he vetoed the new EU treaty that would have enforced tougher fiscal rules on eurozone countries have "turned their fire" on him after he "watered down" his objections. Douglas Carswell MP told The Times he'd hoped "this would turn out to be a rather clever move, [but] it looks as if we're part of a club where we don't appear to have a say as to what the rules are".

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Piper Terrett is a financial journalist and author. Piper graduated from Newnham College, Cambridge, in 1997 and worked for Germaine Greer and for Adam Faith’s Money Channel before embarking on a career in business journalism. 

She has worked for most top financial titles, including Investors Chronicle, Shares magazine, Yahoo! Finance and MSN Money. She lectures part-time at London Metropolitan University and is the author of four books.