Prime Minister David Cameron and Kathrin Muehlbronner

Muehlbronner: Cameron has promised to hold a vote before the end of 2017 but a date this summer is increasingly expected, according to Euro News. We’re looking closely at the referendum and it becoming more and more clear that it will happen in June, Muehlbronner said. Kathrin Muehlbronner, Moody lead sovereign analyst for the UK, also told Reuters that proposals laid out by Brussels for a new deal with Britain should help Prime Minister David Cameron convince the UK public to vote to stay in the 28-nation bloc. That a positive. She added that the proposals from European Council president Donald Tusk might never be enough for all members of David Cameron largely eurosceptic Conservative party but should increase the chances of the ‘In’ campaign . She repeated warnings by the credit rating agency that leaving the EU would be bad for Britain economy and currency, potentially hampering inward investment needed to plug the current account deficit and leading to a rating downgrade. A long period of uncertainty, in general, is not good. (news.financializer.com). As reported in the news.

The content, information, trademarks and multimedia posted on this blog copyrights to their original owners and herein blogged in good faith for the purpose of commentary, speech, opinion and debate.

financializer news

A weblog highlighting financial topics making news in the international media.