Cameron Must Block Juncker at Any Price: Stein

REPLAY VIDEO
Your next video will start in
Pause

Recommended Videos

  • Info

  • Comments

  • VIDEO TEXT

June 10 (Bloomberg) -- Gabriel Stein of Oxford Economics examines discussions by European leaders over the next president of the European Commission, the debate over the candidacy of Jean-Claude Juncker, British Prime Minister David Cameron’s role in blocking Juncker’s election and the U.K.’s future in the European Union. He speaks on Bloomberg Television’s “The Pulse.”

How critical is this in terms of tracking the future path of europe?

It will take a long time to change europe.

Look at it as a very slow-moving ship.

Whether the -- it will not have a short-term impact.

It might have a long-term impact.

The issue does come back to the politics.

How does this affect david cameron's chances of renegotiating because any you with written inside it is a farmer -- is a far -- with britain inside it is a far different than without.

For that reason, i think it is one of the fields were cameron has to go down the line.

Do you think cameron will have to pay a price?

Of course he has to pay a price.

Looks what will that look like -- what will that look like?

I haven't the faintest idea.

I think this is one where he has to do everything to block him.

Cthe chances of renegotiating further down the road?

Much more difficult.

The european commission has the only right to propose legislation.

They set the agenda.

A juncker presidency would be geared toward an attitude toward britain marrying -- mirroring the attitude of a lot of brits.

A lot of people saying, we are much better off without written.

-- britain.

Some countries do not use the euro.

How does that factor into this?

That should be completely irrelevant.

Of course, he used to head the euro group and did pretty bad job of it, by the way.

Of course, who feels that all eu countries should eventually join the euro.

There should be no difference between them.

Written and denmark -- britain and denmark has an official opt out.

From that perspective, it is important.

It is for the entire european union.

We are starting to get that press conference taking place.

All speaking.

Hopefully, we will be able to get that for you any second now.

These are the live pictures coming from sweden as we watch -- there is a sense that angela merkel is in a morning -- is in a minority of one in her view is that juncker is the man for the job.

Let's listen in.

This text has been automatically generated. It may not be 100% accurate.

Advertisement

BTV Channel Finder

Channel_finder_loader

ZIP is required for U.S. locations

Bloomberg Television in   change