Thatcher rebate deal 'was a defeat'
Updated on 04 July 2009
Margaret Thatcher's famous budget rebate "victory" in Europe 25 years ago was actually a defeat which left her broken and in tears, it has been claimed.
French economist Jacques Attali was a senior adviser to President Francois Mitterrand when Prime Minister Thatcher demanded "my money back" at an EU summit in Fontainebleau in 1984.
Now 65, he says she lost the rebate battle because she had to accept only half of her "embarrassing" demands.
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