Osborne takes UK's EU reform demands to Berlin
- 8 years ago
Taking his message to Germany on Tuesday, Britain’s finance minister has outlined reforms sought by the UK ahead of its referendum on ongoing EU membership.
A key demand outlined to government and business leaders in Berlin was for guarantees that the UK won’t be penalised for not adopting the euro single currency.
“We, in Britain, can support you in the euro zone make the lasting changes you need to see strengthening the euro. In return, you can help us make the changes we need to safeguard the interests of those economies who are not in the euro zone,” Osborne told an event sponsored by the Federation of German Industry (BDI).
He has made protection for EU members outside the single currency area a priority for the renegotiation – to defend Britain’s financial services which account for some 8 percent of its economy.
Setting out the deal he proposed making with Germany and other euro zone countries, Osborne said the “inexorable logic” of monetary union would mean the EU’s tre
A key demand outlined to government and business leaders in Berlin was for guarantees that the UK won’t be penalised for not adopting the euro single currency.
“We, in Britain, can support you in the euro zone make the lasting changes you need to see strengthening the euro. In return, you can help us make the changes we need to safeguard the interests of those economies who are not in the euro zone,” Osborne told an event sponsored by the Federation of German Industry (BDI).
He has made protection for EU members outside the single currency area a priority for the renegotiation – to defend Britain’s financial services which account for some 8 percent of its economy.
Setting out the deal he proposed making with Germany and other euro zone countries, Osborne said the “inexorable logic” of monetary union would mean the EU’s tre