Cameron’s EU referendum plan faces criticism for triggering economic uncertainty

Prime Minister, David Cameron

This article was last updated on April 16, 2022

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Prime Minister, David CameronPrime Minister David Cameron’s plan to offer Brits an in-out EU referendum plan faces huge criticism from coalition partner, opposition and the Pro-European business leaders for making a strategy to create economic uncertainty in Britain.

After Mr. Cameron has promised to renegotiate U.K. relationship with the EU, the Liberal Democrat leader Nick Clegg has said his party would prioritise the U.K.’s “growth and jobs and building a stronger economy in a fairer society” above any European reform.

The Labour leader, Ed Miliband has also accused Mr. Cameron of being a “weak Prime Minister”, who has lost control over his party and offering a strategy not in the “national economic interest”.

Pro-European Business leaders are also very much concerned about the creation of more economic uncertainty within the British markets. Chief executive of advertising group WPP, Sir Martin Sorrell has spoken at the World Economic Forum in Davos that they don’t need a referendum that would impose more uncertainty in growth and provide the general public with a reason to postpone their investment decisions.

French foreign minister, Laurent Fabius has reacted to Mr. Cameron’s speech on Europe by saying: “If the U.K. decides to leave the EU, we will roll out the red carpet to businessmen.”

However, the German Chancellor, Angela Merkel has shown interest in seeing a “fair compromise” from Britain too as she said: “We are prepared to talk about British wishes but we must always bear in mind that other countries have different wishes and we must find a fair compromise. We will talk intensively with Britain about its individual ideas but that has some time over the months ahead.”

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1 Comment

  1. “…. while
    in Europe and in the US, the financial resources “like magic” will disappear through bailouts, tax cuts and elaborated emergency maneuvers which will be ruled only to appear beneficial for those Countries but instead appositely designed for their collapse
    (except for England that will push Europe over the precipice).

    It is closer than you think

    The old economy will get to the last stop.
    The internet instead will have its plug pulled

    Massive poverty will bring chaos and anarchy while the lack of effective governments will set the stage for one World Tyranny

    It will be just from chaos that one voice will rise with the promise to fix all and everyone. That will be the forked tongue of the New World Order.

    Without the need of a crystal ball and without a doubt, there is one Plan for the largest robbery of all times attempted by these criminals masked as bankers or politicians.“

    There is only one Solution.

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