Investing.com - Financial Markets Worldwide
Cyber Monday Deal: Up to 60% off InvestingProCLAIM SALE

EU summit reconvenes with new draft text on Britain deal -officials

Published 2016-02-19, 03:56 p/m
© Reuters. EU summit reconvenes with new draft text on Britain deal -officials

BRUSSELS, Feb 19 (Reuters) - European Union leaders
reconvened an extended summit late on Friday to examine a new
draft deal intended to keep Britain in the 28-nation bloc, with
diplomats optimistic that an agreement was at hand.
The summit was forced into extra time due to wrangling over
welfare benefits for migrants workers from other EU countries
and safeguards for Britain's financial services sector from euro
zone regulation, but officials said fixes had been found for
both issues.
An EU official said there were no outstanding issues left in
the draft text, which EU Council President Donald Tusk believed
was a "fair and balanced" compromise that all could accept.
British Prime Minister David Cameron earlier cancelled a
planned cabinet meeting in London to stay on in Brussels and
work for a deal he can sell to sceptical voters in a referendum
expected to be called for June 23.

Latest comments

Install Our App
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.