| Author (Corporate) | European Parliament: European Parliamentary Research Service |
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| Publisher | EU |
| Series Title | Study |
| Series Details | April 2016 |
| Publication Date | April 2016 |
| ISBN | 978-92-823-9088-7 |
| Content Type | Report |
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A key point of the United Kingdom’s renegotiation agreement with the European Union in February 2016 was sovereignty. Historically, the British have been particularly sensitive about this issue. Following the demands of Prime Minister Cameron, five different issues have been tackled: + ever closer union They all have different scope and consequences that are analysed in detail. See also: + Renegotiation by the United Kingdom of its Constitutional Relationship with the European Union: Issues Related to Competitiveness and Better Law-Making The competitiveness element of the renegotiations with the UK was one of the less controversial parts. The aim was to enable the EU to hold its own in an increasingly competitive world, to increase productivity and to promote employment. That should be attractive to business, to citizens and the Member States. Striking the balance between a regulatory framework which is favourable to business and one which protects other societal interests may be more problematic. All should agree though that a good regulatory framework is vital. + Renegotiation by the United Kingdom of its Constitutional Relationship with the European Union: Issues Related to the Economic Governance The ‘deal’ concerning a new settlement for the United Kingdom within the European Union covers questions relating to the Economic Governance of the EU and of the Euro area. Whilst the ‘deal’ was negotiated with a view to the United Kingdom, the provision in the respective documents of the ‘deal’ address ‘non euro area Member States’. By that, the ‘deal’ on the new settlement has consequences that go beyond the membership of the UK in the EU. As an international agreement, the core document of the ‘deal’, a decision of the Heads of State or Government, exclusively binds Member States but no Union institutions. It, furthermore, must be in compliance with existing EU Primary and secondary law. Otherwise the decision is within the scope of application of EU law inapplicable. This sets the playing field, within which the ‘new settlement’ affects the existing Economic Governance of the EU and the Euro area. |
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| Source Link | Link to Main Source http://dx.publications.europa.eu/10.2861/099941 |
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| Countries / Regions | Europe |
