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    BREXIT Tag

    As Britain heads for the June referendum, the question of country's membership in the European Union is pitting the political establishment and the mainstream media against a rising tide of public sentiment against the Brussels, deepened by recent Eurozone debt crisis and EU’s inability to regulate mass migration. The present policy paralysis within the EU on migrant crisis has once again revealed the vulnerabilities of the European project -- geared towards expansionism and bureaucratic centralization. Conservative EU parliamentarian and prominent ‘Eurosceptic’, Daniel Hannan said, “the alternative to remaining in a structurally unsafe building is, of course, walking out.” The call for referendum, announced last week, has also exposed the rifts within Prime Minister David Cameron’s ruling Conservative Party, with six cabinet ministers and other leading conservatives coming out in support of Britain’s exit from the European Union, Brexit. However, the biggest blow to Prime Minister Cameron’s pro-EU camp came from London Mayor Boris Johnson’s surprise announcement to back the Brexit campaign.

    In November, Vijeta wrote about David Cameron's warning to the EU: reform or risk "Brexit" (British exit from EU).  Cameron's demands were as follows:
    The New York Times reports: After days of conflicting signals about his attitude toward the European Union, Prime Minister David Cameron on Tuesday formally outlined his approach to negotiations with other member countries ahead of a crucial referendum that will determine whether Britain stays in the 28-nation bloc. His demands included a safeguard to prevent countries that use the euro from discriminating economically against Britain, which has retained the pound; a stronger role for national parliaments in European Union decision-making; and an end to Britain’s legal commitment, as a signatory to European Union treaties, to pursue “ever closer union,” which conservatives see as a threat to national sovereignty.

    British Prime Minister David Cameron has laid out new conditions for his country to remain in the European Union. Ahead of the historic EU referendum scheduled to take place in 2017, Prime Minister is trying to renegotiate UK's relationship with EU. If the bid fails, it may eventually lead to British exit from the European Union or Brexit. European Commission reacted promptly to British Prime Minister's new demands calling some of them "highly problematic." The New York Times reports: