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LONDON: British Prime Minister David Cameron said yesterday that he will fight efforts to cut the country’s rebate at contentious European Union budget talks in Brussels this week.
Britain’s then prime minister Margaret Thatcher obtained a budget rebate in the 1980s on the grounds that London was paying too much towards the bloc. The rebate was worth ¤3.6bn ($4.6bn) last year.
Asked by a lawmaker if he would defend Britain’s rebate during the talks, Cameron told parliament: “I can certainly give my honourable friend that assurance. “The rebate negotiated by Margaret Thatcher is an incredible part of Britain’s position in Europe and of making sure we get a fair deal.”