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U.K. Lawsuit Risk May Lead EU to Damp Treaty Plan, FTD Says

European Union leaders who agreed to tighten fiscal rules amid the debt crisis last week may water down the plan over fears the U.K. could oppose the step in court, the Financial Times Deutschland reported, without citing anyone.

In amending the rules, the states that signed up for the plan may no longer insist on binding commitments to tighter fiscal rules and instead substitute voluntary agreements on some points, the newspaper reported. EU officials will meet on Dec. 20 in Brussels to resume work on the measures, the newspaper said.

To contact the reporter on this story: Brian Parkin in Berlin at bparkin@bloomberg.net

To contact the editor responsible for this story: James Hertling at jhertling@bloomberg.net

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