UK left out as 26 EU countries to draft new treaty

A group of 26 EU member states is to forge ahead with an intergovernmental agreement on tightening economic governance in the eurozone, following a stormy summit in Brussels that saw the UK sidelined after it overplayed its hand.

All 17 euro countries as well as nine of the non-euro countries have said they will make a pact outside the current EU treaty, although the Czech Republic, Hungary, Sweden, Denmark and Bulgaria say they need to seek parliamentary approval of the move first. Onl...