UK's Cameron demands emergency talks over the extra EU contribution via ForexLive

BBC reporting that Cameron has demanded emergency talks with European finance ministers after the UK was told it must pay an extra £1.7bln.The move will add about a fifth to the UK's net EU contribution of £8.6bln

PM Cameron interrupted a meeting of EU leaders in Brussels to “express dismay” at the demand for the UK to pay extra into the EU's coffers on 1 December and told out-going president Barroso he had no idea of the impact it would have, Downing Street has stated.EU leaders discussed the issue for an hour in Brussels this morning with Cameron due to give a press conference later today.

Should be an interesting moment!

EU contribution winners and losers

posted via ForexLive