Britain will participate in technical discussions on the EU's fiscal pact, even if blocked EU treaty change and will have only observer status without voting rights, according to BBC.
Prime Minister David Cameron accepted an invitation to representatives of Great Britain to attend the negotiations during a telephone conversation with European Council President Herman von Rompuy, reports BBC. Cameron last week rejected the EU treaty change, arguing that it would not be in the national interest of Great Britain.



European leaders want to achieve a fiscal integration agreement by early February.



Financial Times reported that British officials could have observer status, enabling them to monitor discussions on the Community institutions in implementing the role.



Richard Corbett, adviser to Van Rompuy said that British officials "will have the right to express their views" on these discussions.



He added that the agreement will be negotiated between the other Member States, United Kingdom already indicating that it wants to be involved. Downing Street announced on the other hand that Britain was invited to talk "as an equal partner."



It requires all Member States officials to work on its application of the summit, said a spokesman for British Prime Minister.



"The British delegation will be there to ensure that the views of the United Kingdom are represented and its national interests are respected," he said.



BBC Brussels correspondent, Matthew Price, said that despite the fact that Britain was invited to discussions on the fiscal agreement is unlikely that its officials to attend meetings to take place after the pact.



One of the most controversial issues will be whether the EU executive and other EU institutions can be used to implement and monitor the new rules.



Office of the Prime Minister also confirmed that Britain will participate in informal summit of EU leaders in January, which will focus on supporting labor market development and competitiveness.