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

Content 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 Business Information & Services, Inc. or any of its affiliates, subsidiaries, officers or directors. If you would like to reproduce or redistribute any of the content found on MarketPulse, an award winning forex, commodities and global indices analysis and news site service produced by OANDA Business Information & Services, Inc., please access the RSS feed or contact us at info@marketpulse.com. Visit https://www.marketpulse.com/ to find out more about the beat of the global markets. © 2023 OANDA Business Information & Services Inc.

Craig Erlam

Craig Erlam

Former Senior Market Analyst, UK & EMEA at OANDA
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.