To stay or to go, is the big question that is being asked in the UK today. If David Cameron is granted his wish list by the EU can he sell it to his
Eurozone leaders have brought it down to the wire. David Cameron has promised the Brit’s that they can have a say in the UK remaining or exiting the Eurozone. With immigrants from around the globe flooding the Eurozone and open borders allowing citizens of the Eurozone to move freely and to work and reside in any member country waves of foreign workers are becoming at the borders of the stronger economies and member states. The cost of immigration from outside the EU and the pressured on the financial situation of countries are being tested. This is not the only issue at question in the debate to remain or leave, but it is a growing problem that is upsetting the everyday UK citizen. Over the last year this single issue as made the question of remaining in the Eurozone shift from a yes to a no.
Political leaders are meeting today to discuss Britain’s future within the EU. The objective of this negotiation should be “to anchor the UK in the EU, and having the EU and the UK working together”, Mr Draghi said. “Both have to benefit. Both have to draw benefit.”
Any agreement on Britain’s future within the EU must be clear, Mr Draghi insisted, as he argued that any deal between Britain and the political union “should not hamper any further integration” within the euro area.
The ECB president insisted that there was a “future for the euro”, and that policymakers respond with more stimulus at their next meeting, in March, if it became apparent that it was necessary after the recent volatility in financial markets.
UK foreign secretary Philip Hammond said Britain’s push to win backing from its European partners for its wish list of EU reforms would go “right to the wire” at the summit this week.
“There isn’t a deal yet, there is a working draft, there are lots of moving parts and we have got a negotiation that will run through this week, and I have no doubt it will run right to the wire,” he said.
British prime minister David Cameron is hoping to return from the summit in Brussels with a package of reforms that he can then take to the British people in a referendum on whether to remain in the EU.
If he gets what he wants and is able to put the package to the British voters, it is likely that the poll could take place as soon as June.
British and EU negotiators have already broadly agreed much of a reform package, but tricky political issues, notably on migration, are still outstanding.
The campaign to remain in the bloc stepped up a gear yesterday when the boss of airline EasyJet said Britain’s membership of the EU was the reason that the cost of flights had plummeted, while the range of destinations had soared.
The UK has raised four main areas of concern: Economic governance, Competitiveness, Sovereignty and Social Benefits and Free Movement. The key parts of the UK deal include:
France is thought to be resisting attempts to secure protection for the City of London by giving non-Eurozone nations more power to stall financial regulation.
The pound declined as David Cameron’s negotiations with fellow European Union leaders entered a second day, after his attempts to secure a deal on the U.K.’s membership of the bloc that he can sell to British voters hit stumbling blocks on Thursday.
The U.K. currency dropped versus the euro and the dollar, paring advances from the previous day. While the U.K. prime minister encountered goodwill from his 27 EU counterparts in Brussels, he also ran into resistance from eastern European states over demands for more welfare curbs. Leaders took “a few steps backward on a U.K. deal.” Italian Prime Minister Matteo Renzi said as the session broke up after 2 a.m. in the Belgian capital.
The biggest question is can David Cameron sell a deal to the everyday UK citizen, because regardless of the agreement with the EU, a referendum has been promised by 2017 and the negative mood in Britain could keep its momentum as immigration and terrorism keeps voters awake at night. The man on the street sees his way of life threatened by immigrants who are not coming to the United Kingdom because they love the UK but only because they want to get away from poverty and strife at home and they want to change their new countries into their own society, not blending and becoming part of their new country. How would you vote if you had the opportunity?
Donald Trump saw a surge in his political polls after he came out against immigration, and wanted to keep Islamic’s out of the US and close and seal the borders with Mexico. This unrest is growing around the world.