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The UK and the EU: In or Out of the Union?
The UK-EU relationship has often been problematic, with a deeply eurosceptic London demanding its powers and its money back, rejecting the euro and fighting closer European integration.
The UK has secured opt-out status on a number of issues, the latest for some 130 common policing and justice laws.
The United Kingdom gets an annual rebate of several billion euros a year on its EU contribution, secured by then prime minister, Margaret Thatcher, because the UK benefitted little from EU agricultural subsidies.
Prime minister David Cameron is threatening to veto the latest EU budget that’s headed for an increase. He’s demanding a freeze and the UK parliament wants to cut it.<
Cameron backs a referendum on EU membership, his back to the wall by hardliners in his party, who want an EU exit. How much is the world’s seventh biggest economy hurting itself by seeking to further distance itself or even break away from its largest trading partner?
2012-11-23 21:58:19
Source: http://roomanicast.blogspot.com/2012/11/the-uk-and-eu-in-or-out-of-union.html
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