It would also require a clear plan to establish a banking union (including a bank supervisor) and greater fiscal integration. (3dpolicy.ca)
British prime minister David Cameron outlines why he vetoed proposals for greater fiscal integration in Europe in the early hours of Friday morning: (politics.co.uk)
Negotiations ended when Britain attempted to veto fiscal integration measures, but saw all the other EU member states press ahead with the reforms without it. (politics.co.uk)