Herman Van Rompuy: The man who wants to control your finances

Since coming to power, Cameron has been mending fences with Merkel and Sarkozy, after his provocative decision in opposition to stop sitting with their parties in the European Parliament. Adopting Persson’s advice to "play politics" with economic governance, an issue that affects the eurozone more than Britain, would "antagonise" our partners all over again, says Katinka Barysch, deputy director of the Centre for European Reform think-tank. It would also, she says, "damage Britain's own interests. The eurozone is Britain's biggest export market – and as Europe's biggest financial centre, the City stands to lose if turmoil returns to debt markets."