ExxonMobil's Nigerian asset sale nears approval    Argentina's GDP to contract by 3.3% in '24, grow 2.7% in '25: OECD    Chubb prepares $350M payout for state of Maryland over bridge collapse    Turkey's GDP growth to decelerate in next 2 years – OECD    EU pledges €7.4bn to back Egypt's green economy initiatives    Yen surges against dollar on intervention rumours    $17.7bn drop in banking sector's net foreign assets deficit during March 2024: CBE    Norway's Scatec explores 5 new renewable energy projects in Egypt    Egypt, France emphasize ceasefire in Gaza, two-state solution    Microsoft plans to build data centre in Thailand    Japanese Ambassador presents Certificate of Appreciation to renowned Opera singer Reda El-Wakil    WFP, EU collaborate to empower refugees, host communities in Egypt    Health Minister, Johnson & Johnson explore collaborative opportunities at Qatar Goals 2024    Egypt facilitates ceasefire talks between Hamas, Israel    Al-Sisi, Emir of Kuwait discuss bilateral ties, Gaza takes centre stage    AstraZeneca, Ministry of Health launch early detection and treatment campaign against liver cancer    Sweilam highlights Egypt's water needs, cooperation efforts during Baghdad Conference    AstraZeneca injects $50m in Egypt over four years    Egypt, AstraZeneca sign liver cancer MoU    Swiss freeze on Russian assets dwindles to $6.36b in '23    Amir Karara reflects on 'Beit Al-Rifai' success, aspires for future collaborations    Climate change risks 70% of global workforce – ILO    Prime Minister Madbouly reviews cooperation with South Sudan    Ramses II statue head returns to Egypt after repatriation from Switzerland    Egypt retains top spot in CFA's MENA Research Challenge    Egyptian public, private sectors off on Apr 25 marking Sinai Liberation    Debt swaps could unlock $100b for climate action    President Al-Sisi embarks on new term with pledge for prosperity, democratic evolution    Amal Al Ghad Magazine congratulates President Sisi on new office term    Egyptian, Japanese Judo communities celebrate new coach at Tokyo's Embassy in Cairo    Uppingham Cairo and Rafa Nadal Academy Unite to Elevate Sports Education in Egypt with the Introduction of the "Rafa Nadal Tennis Program"    Financial literacy becomes extremely important – EGX official    Euro area annual inflation up to 2.9% – Eurostat    BYD، Brazil's Sigma Lithium JV likely    UNESCO celebrates World Arabic Language Day    Motaz Azaiza mural in Manchester tribute to Palestinian journalists    Russia says it's in sync with US, China, Pakistan on Taliban    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Cameron hails EU deal to give Britain 'special status', battle looms
Published in Amwal Al Ghad on 20 - 02 - 2016

David Cameron hailed a landmark deal on Friday he said gave Britain "special status" in the European Union and pledged to campaign heart and soul to stay in the EU at a deeply uncertain referendum expected in June.
At a summit that ran into overtime, EU leaders agreed unanimously on a package of measures aimed at keeping Britain in the 28-nation bloc to avoid a potentially disastrous divorce.
Their legally binding decision granted Britain an explicit exemption from the founding goal of "ever closer union", offered concessions on the welfare rights of migrant workers and safeguards for the City of London financial center.
The British prime minister said he had achieved all his main negotiating aims and would recommend the agreement to his cabinet on Saturday, firing the starting gun on a fierce referendum campaign on Britain's future membership of the bloc.
"I believe we are stronger, safer and better off inside a reformed European Union," he told a news conference. "And that is why I will be campaigning with all my heart and soul to persuade the British people to remain in the reformed European union that we have secured today."
The euroskeptic "Vote Leave" campaign was quick to dismiss what it called "Cameron's hollow deal" as bad for Britain.
Cameron acknowledged that one of his closest political allies, Justice Secretary Michael Gove, would campaign to leave the EU, saying he was disappointed but not surprised. He suggested other Conservatives may also join the "out" camp.
He would not officially confirm the expected polling date of June 23 but said he would make an announcement soon.
After two days of intense wrangling in Brussels, EU leaders determined to try to keep Britain in the union resolved outstanding disputes over migrant workers' welfare rights and relations between London and the euro zone.
"So now the deal is done and its up to the British people to decide," said European Commission President Jean-Claude Juncker - the man Cameron tried furiously to block for the top EU executive job, but who played a key role in crafting the deal.
German Chancellor Angela Merkel, one of Britain's strongest allies in Europe, said: "We believe that with this we have given David Cameron a package with which he can campaign in Britain for Britain to stay in the European Union."
The agreement delivered victory to Cameron on several of the key demands on which he chose to fight for what he called "a new settlement" with Europe.
He won a commitment to change the bloc's governing treaties in future to recognize that Britain was not bound to any political union and would have safeguards against financial regulation being imposed on the City of London by the euro zone.
Facing an uphill political battle at home, Cameron was concerned to show Britons that he had won concessions that he believes can reduce an influx of EU migrant workers and keep Britain out of any future political integration.
In hours of wrangling with central and east European countries that provide many of Britain's low-paid immigrant workers, he secured the right to curb in-work benefits for up to four years and scale back child benefit for workers whose children remain abroad.

HIGH STAKES
East European countries were only partially successful in restricting Cameron's welfare cuts to new arrivals rather than the more than 1 million European migrant workers already in the UK. In the end, both sides emerged with something to show for their negotiations.
The Visegrad Group, comprising Poland, Hungary, Slovakia and the Czech Republic, said the deal reflected their key demands.
A compromise largely favorable to Britain was found for French concerns about differential treatment for London banks outside the euro zone as well as to Belgian grumbles about Britain setting a precedent for states to snub EU integration.
Belgium did also secure what EU officials called a "self-destruct" clause whereby that the entire deal would be null and void if Britain votes to leave the EU.
That would to preclude any second renegotiation. Cameron was also at pains to dismiss arguments by some British euroskeptics that a "leave" vote would lead to a better deal.
"The idea that a vote to leave the European Union would lead to a whole new renegotiation is for the birds," he said.
The risks of Cameron's strategy were highlighted on Friday when an opinion poll showed the campaign to leave the bloc had a two-percent lead with 36 percent support. The TNS poll showed 34 percent of British voters wanted to stay in the bloc, 7 percent would not vote and 23 percent were undecided.
But the 49-year-old British leader, a former PR executive, is a formidable campaigner who confounded pollsters and pundits by winning an outright general election victory last year.
Perhaps the biggest threat to his campaign could come from charismatic London mayor Boris Johnson, a euroskeptic former Brussels journalist, who has yet to disclose which side he will take in a battle that could also involve Cameron's succession.

SEMI-DETACHED
Britain is already the EU's most semi-detached member, having opted out of joining the euro single currency, the Schengen zone of passport-free travel and many areas of police and judicial cooperation. Summit chairman Donald Tusk said Britain had long had a special status inside the bloc.
Many leaders said they felt they were at a historic turning point for European integration.
No country has ever voted to leave the Union. Britain is the EU's second-largest economy and one of its two permanent members on the UN Security Council. Its exit would end the vision of the EU as the natural home for European democracies and reverse the continent's post-World War Two march toward "ever closer union".
The EU issue has divided Cameron's Conservative Party for decades, crippling his 1990s predecessor John Major and bringing down his hero Margaret Thatcher.
Britain's largely euroskeptic press has depicted Cameron as begging or pleading, the Daily Mail describing him as "rattled".
"Shambles as embattled PM's deal is watered down," a front-page headline read over a picture of an anxious-looking Cameron.
source: Reuters


Clic here to read the story from its source.