Brussels, 17/12/2010 (Agence Europe) - The British prime minister, David Cameron, welcomed the decision to restrict the EU's spending in the 2011 budget, calling it a victory for common sense. He also welcomed the decision to create a permanent eurozone stability mechanism, but said that the UK would not be joining it. He said it was a mechanism set up by the eurozone for the eurozone that the UK would not be joining. David Cameron pointed out that he had called for better guarantees for the United Kingdom not to be obliged to financially contribute to a bailout plan for Europe if the crisis gets any worse. Cameron said that a letter will be published on Saturday with the support of the UK, Germany, France and other European partners (Ed: the Netherlands, Finland and probably Italy) calling for the EU budget to increase by no more than inflation in 2012 and 2013 and for the budget to be frozen from 2014 to 2010, explaining that the EU cannot live beyond its means. He said this would set a very clear line for the European budget negotiations. He added that everywhere in Europe, countries were tightening their belts to deal with their budgets and Europe could not avoid this either. He said true budget restraint was needed from 2014 onwards. (I.L./transl.fl)