- MarketPulse - https://www.marketpulse.com -

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 [1]

This article is for general information purposes only. It is not investment advice or a solution to buy or sell securities. Opinions are the authors; not necessarily that of OANDA Corporation or any of its affiliates, subsidiaries, officers or directors. Leveraged trading is high risk and not suitable for all. You could lose all of your deposited funds.

Craig Erlam

Craig Erlam [5]

Senior Market Analyst, UK & EMEA at OANDA [6]
Based in London, Craig Erlam joined OANDA in 2015 as a market analyst. With many years of experience as a financial market analyst and trader, he focuses on both fundamental and technical analysis while producing macroeconomic commentary. His views have been published in the Financial Times, Reuters, The Telegraph and the International Business Times, and he also appears as a regular guest commentator on the BBC, Bloomberg TV, FOX Business and SKY News. Craig holds a full membership to the Society of Technical Analysts and is recognised as a Certified Financial Technician by the International Federation of Technical Analysts.
Craig Erlam
Craig Erlam

Latest posts by Craig Erlam (see all [5])