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“Brexit” Looms As Cameron Pushes For Reforms In All-Nighter
Be prepared for the next great transfer of wealth. Buy physical silver and storable food.
zerohedge.com / by Tyler Durden / 02/19/2016 07:49
“I was here till 5 o’clock this morning working through this and we’ve made some progress but there’s still no deal.”
That’s from British PM David Cameron, who was apparently up all night in an effort to understand why his country should stay in the EU. Unless Cameron hears what he wants to hear, he will not campaign for the UK to remain in the bloc ahead of an expected referendum on membership in June.
“Britain has always had an ambiguous relationship with the bloc, staying out of two of its most ambitious projects, the Schengen border free zone and the euro common currency,”Reuters writes. “Its exit would end the vision of the EU as the natural home for European democracies and reverse the continent’s post-World War Two march toward ‘ever closer union.’”
Cameron is seeking changes that will reduce his country’s financial burden as it relates to refugees and other EU nations. “As I have said, I would only do a deal if we get what Britain needs, so we are going to get back in there,” he said, after marathon talks.
“Paris has pushed for amendments to ensure Britain cannot veto actions by the euro zone countries or give City of London banks competitive advantage through regulation,” Reuters goes on to note. “A group of east European states chaired by the Czechs is trying to hold back how far their citizens can be denied welfare benefits in Britain or have family allowances reduced.”
Meanwhile, the Conservative Party and the UK press are pushing for reforms. “Britain’s place in Europe has been allowed to fester for too long” Cameron says, but there’s “now a chance to settle this issue for a generation”.
“For now I can only say that we have made some progress but a lot needs to be done,” EU president Donald Tusk said.
The post “Brexit” Looms As Cameron Pushes For Reforms In All-Nighter appeared first on Silver For The People.
Thanks to BrotherJohnF
Source: http://silveristhenew.com/2016/02/19/brexit-looms-as-cameron-pushes-for-reforms-in-all-nighter-2/
