Proposed referendum on United Kingdom membership of the European Union: David Cameron warns against pension cuts – SPIEGEL ONLINE

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Britain’s Prime Minister David Cameron has warned that the threat of withdrawal from the EU his country could have painful cuts in pensions and health care result. Should the British in the Proposed referendum on United Kingdom membership of the European Union referendum on June 23 vote against a continued European Union, this would by 2020 “a black hole of 40 billion pounds’ (currently around EUR 51 billion) tear after conviction of independent experts in the Treasury, said he the Sunday newspaper “the Observer”.

Under these circumstances, it is questionable whether it could continue to provide guaranteed pension increases and special grants for the National Health Service (NHS). “This is the bitter reality of an EU exit,” warned the conservative Premier. Also on free bus tickets for pensioners and their exemption from TV license fees and on defense spending should be then perhaps omitted.

Cameron appealed to his compatriots to make the historical weight of its decision deliberately: “You vote for a generation from, for a lifetime It’s about your children and grandchildren..” His remarks were apparently particularly addressed to the elderly, who are especially euro skeptical.

42 percent for the Proposed referendum on United Kingdom membership of the European Union

Cameron also announced that next week get leaders of the political rival, in the Proposed referendum on United Kingdom membership of the European Union-question but mostly coinciding with his Labour camp central roles in the “Yes” campaign and so skeptical party supporters should take for remaining in the EU.

The recent survey commissioned by the “Observer” sees the pro-European camp with 44 per cent, slightly before the exit supporters with 42 percent. 13 percent of respondents are therefore still undecided how to vote on June 13.

Warning of impact on the whole EU

Also, according to France Central Bank President François Villeroy de Galhau would evoke a British withdrawal from the EU major economic risks in Europe. If the referendum on June 23, a majority of people in the UK vote in favor, this is likely to have significant consequences, the Paris central bankers told “Welt am Sonntag”.

“If it should unfortunately come to a Proposed referendum on United Kingdom membership of the European Union , this will provide short-term instability in the financial markets, “said de Galhau. Later, ask the fundamental question of how financial transactions in the internal market run at all on.

Britain is not a member of the euro zone, a departure from the EU would have the view of many economists, however, have negative consequences for the growth and highly networked intra-European trade and the movement of capital.

“But if necessary, is the European Central Bank (ECB) ready to act, “said de Galhau. The monetary authorities had pressed the key interest rate in the euro area to zero and extended the program for bond purchases – most recently on securities of private companies. Critics see this as a departure from the monetary policy mandate of the ECB, especially as the dangerously low inflation has not attracted.

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