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British Prime Minister David Cameron has promised a referendum on membership in the EU.
British Prime Minister David Cameron has promised a referendum on membership in the EU.
(STEFAN WERMUTH/REUTERS)

Financial Times

In or out? U.K. must decide now on EU

The question of the U.K.’s – or perhaps just England’s – position in Europe is now live. This follows the crisis-driven evolution of the euro zone, the decision of Prime Minister David Cameron to hold a referendum on EU membership in the next parliamentary term, the success of the U.K. Independence party and now pressure from erstwhile Conservative heavyweights such as Lord Lawson. A country that has long been semi-detached, particularly since it decided not to participate in the euro, may soon become detached.