Cameron Heads for ‘Now or Never’ Talks to Keep Britain in EU

Prime Minister David Cameron will hold ‘now or never’ talks on Thursday to keep Britain in the European Union, with the bloc’s 28 leaders suggesting there are only a few obstacles left to a new membership deal.

With all sides underlining that there is still work to be done to reach agreement at an EU summit in Brussels, there is also broad consensus that if the bloc fails to agree, they may never come up with a deal to help keep Britain from leaving.

Cameron is keen to end the week in Brussels with a deal that he can hail as a victory and then start campaigning to keep Britain inside the bloc before a referendum most officials expect will be held in late June.

“I think there is an appetite at all levels to try and get there and take as long as it takes us to get there,” said a senior EU diplomat of the two-day summit which ends on Friday.

“The mood around town is that people think that if we don’t get it solved now, we’re never going to solve it.”

Reuters

Craig Erlam
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 BBC and The Telegraph, and he also appears regularly as a guest commentator on Bloomberg TV, CNBC, FOX Business and BNN. 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.