Mr Cameron has rightly said he will veto any EU budget deal whmich aims to increase the EU budget. Some of us would like him to veto any budget which does not cut the EU budget substantially, given the chronic state of many European government finances. Mrs Merkel now says she will not hold a meeting if he insists on the veto. That is a silly idea, and would require the consent of all members if there is any justice in the system.
The EU cannot ignore the fact that is overspending, and cannot ignore the fact that the Uk wants a new relationship with it, as we find the current arrangements unacceptable for us. The sooner they tackle those problems, the better. The UK might, for example, be happy to consider allowing the rest to spend more, as long as we can pay in much less, and remove ourselves from large areas of the EU’s interference.