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May 13, 2015

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Cameron could hold EU referendum earlier

Prime Minister David Cameron will hold an early referendum on membership of the European Union if he can first reach a deal that satisfies his demands for major changes in Britain’s relationship with the bloc, his spokesman said yesterday.

Cameron has pledged to renegotiate Britain’s ties with Europe and then give voters an in-out referendum on EU membership by the end of 2017.

“If we can do it earlier we will,” his spokesman said when asked if Cameron would like to hold the vote earlier.

The prospect of a vote on membership by the EU’s second-biggest economy has worried both investors and allies, who say Britain’s influence would be diminished if it dropped out of the world’s biggest trading bloc.

Cameron says he wants to stay in a reformed EU but has also said that he would not be heartbroken if Britain left.

Opinion polls show British voters are divided, with a little over half in favor of membership.

Since unexpectedly winning a second term, Cameron has been offered talks on reforms by European leaders but the EU executive has stressed that there can be no renegotiation of the EU’s basic treaties.

But Cameron’s spokesman was clear: “He wants treaty change.”

“All the advice that he has had is that treaty change is required, for example in terms of some of the changes that we want to see in welfare,” he said.

Last year Cameron set out plans to limit welfare payments to EU migrants. Some analysts believe those measures would require treaty change, though lawyers are split on the question.

Cameron wants to cut red tape emanating from Brussels, and restrict its powers. He thinks national parliaments should be able to work together to block EU legislation. He also wants to limit EU influence on British policing and justice.

Cameron has thus far won limited backing from other EU leaders and while German Chancellor Angela Merkel does favour treaty change, she wants something more narrower as a way of deepening euro zone integration.

Germany will work with Britain to improve the European Union, Finance Minister Wolfgang Schaeuble said after meeting Cameron’s Finance Minister George Osborne in Brussels.

Further details about Britain’s view of which reforms are needed will be set out by Cameron at a meeting of EU leaders in late June.

Osborne cautioned that allies should not underestimate Britain’s determination.

“We go into the negotiations aiming to be constructive and engaged but also resolute and firm and no one should underestimate our determination to succeed for the working people of Britain,” Osborne said.




 

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