Get 40% Off
🤯 This Tech Portfolio is up 29% YTD! Join Now to Get April’s Top PicksGet The Picks – Just 99 USD

Queen Elizabeth To Unveil EU Referendum Plans

Published 05/27/2015, 06:42 AM
Updated 05/27/2015, 07:30 AM
© Reuters/Suzanne Plunkett. Britain's Queen Elizabeth arrives at Westminster Abbey for a thanksgiving service on the final day of 70th anniversary Victory in Europe (VE) day commemorations in central London on May 10, 2015.

© Reuters/Suzanne Plunkett. Britain's Queen Elizabeth arrives at Westminster Abbey for a thanksgiving service on the final day of 70th anniversary Victory in Europe (VE) day commemorations in central London on May 10, 2015.

By Reuters -

© Reuters/Suzanne Plunkett. Britain's Queen Elizabeth arrives at Westminster Abbey for a thanksgiving service on the final day of 70th anniversary Victory in Europe (VE) day commemorations in central London on May 10, 2015.

Queen Elizabeth will set out the government's plans for a European Union membership referendum on Wednesday as Prime Minister David Cameron faces pressure to explain when it will be held and what changes to the EU he wants before then.

Cameron, who says he would prefer to stay inside a reformed EU but isn't "ruling anything out" if it fails to change, was re-elected on May 7 on a pledge to reshape ties with the bloc before allowing Britons to vote on whether to stay or leave.

Queen Elizabeth, 89, will detail the plans in a speech written for her by Cameron's government as she opens parliament with an annual display of pomp.

Among other measures expected to feature was a reform of human rights laws designed to weaken the influence of the European Court of Human Rights, but several newspapers reported hours before the speech that the bill had now been delayed.

Cameron's Conservative Party is divided over the plan, and the newspapers said the prime minister had backed away from an early fight within his own camp.

On the EU, the Queen will say the new government plans to pass a law in its first year that would allow the referendum to occur by the end of 2017.

In a gesture meant to underscore Cameron's seriousness, the law will be introduced into parliament just a day later, on Thursday, as Cameron embarks on a European tour to try to charm sometimes reluctant counterparts into backing EU reform. It will include talks with French President Francois Hollande in Paris and German Chancellor Angela Merkel in Berlin.

Cameron has said he would be ready to hold the referendum before 2017 if he completes the renegotiation early, something some pro-EU campaigners advocate. But he is under pressure from some Euroskeptic lawmakers who want him to ask for more and to take his time.

"I think we need a proper grown-up debate – it's the most important constitutional issue of my lifetime. It's something that we should properly take our time over," Liam Fox, a senior Conservative and a former defense secretary, told BBC radio.

Some EU politicians have complained they don't know enough, beyond what they say are broad and nebulous goals, about what it is Cameron wants to change. He says he wants to decouple Britain from the EU's aim of "ever closer union" and to be able to restrict EU migrants' access to Britain's welfare system.

Cameron is adamant that such changes would require re-opening the EU's founding treaties, something countries such as France are opposed to.

In a potential setback for the prime minister, a Franco-German paper seen by Reuters shows the two countries have agreed plans to strengthen cooperation among the 19 countries using the euro, without changing existing treaties.

The blueprint would bolster the euro zone, of which Britain is not a member, by holding more regular summits of its leaders and strengthening the Eurogroup forum of finance ministers.

Other laws the queen will outline on Wednesday include a crackdown on illegal immigration, more powers for Scotland, and a bill preventing any rise in key taxes before 2020.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.