Cameron warns of ‘major problem’ if EU budget row not resolved

November 7, 2014 12:40 PM

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HELSINKI (Reuters) – Prime Minister David Cameron said on Friday that failure to resolve a dispute over a European Union budget surcharge of 2.1 billion euros (2.60 billion US dollar) (1.64 billion pound) would cause “a major problem.”

EU finance ministers told Britain on Friday that the only way to end the row over a surprise budget bill to Brussels is to pay in interest-free instalments, officials said, but Britain’s finance minister insisted the bill was “unacceptable”.

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