Awkward: UK Set for Tense Dinner Date in Brussels

European leaders could be set for a bout of indigestion later Thursday as they meet in Brussels to discuss over dinner the U.K.’s demands that the European Union reforms or risks losing a key member.

U.K. Prime Minister David Cameron will be attending the dinner in Brussels with other European heads of state and government, including the German Chancellor Angela Merkel and French President Francois Hollande, to try to break an impasse with EU leaders over the country’s demands for reforms in the bloc.

President of the European Council Donald Tusk said there would be “no taboos” in the talks – but no promises on a deal either.

The discussions are expected to focus on U.K. plans for a referendum on EU membership by the end of 2017 and there are hopes that “some kind” of preliminary agreement on keeping Britain in a reformed EU.

CNBC

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Craig Erlam

Craig Erlam

Senior Currency Analyst at OANDA
Based in London, England, Craig Erlam joined OANDA in 2015 as a Market Analyst. With more than five years' experience as a financial market analyst and trader, he focuses on both fundamental and technical analysis while conducting macroeconomic commentary. He has been published by The Financial Times, Reuters, the Wall Street Journal and The Telegraph, and he also appears regularly as a guest commentator on networks including Sky News, Bloomberg, CNBC and BBC. Craig holds a full membership to the Society of Technical Analysts and he is recognized as a Certified Financial Technician by the International Federation of Technical Analysts.