U.K.'s Osborne in EU Renegotiation Push With Germany's Schaeuble


British Chancellor of the Exchequer George Osborne and Germany's Minister of Finance Wolfgang Schauble.

Photographer: Cris Bouroncle/AFP/Getty Images
  • British chancellor to also meet Gabriel, business leaders
  • Trip comes as Cameron pressured for greater clarity on demands

Chancellor of the Exchequer George Osborne will hold talks with German Finance Minister Wolfgang Schaeuble about the renegotiation of Britain’s relationship with the European Union as the region’s leaders put pressure on the U.K. for more detail on its demands.

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Osborne, who travels to Berlin on Monday, will also meet Economy Minister Sigmar Gabriel. On Tuesday he will address an audience of German business leaders at the annual conference of the BDI, the Federation of German Industries, the U.K. Treasury said in an e-mailed statement.

Prime Minister David Cameron said last week that Britain’s negotiations with the EU will gain momentum as he prepares plans to put the country’s membership of the 28-nation political bloc to a referendum by the end of 2017. While Cameron has yet to produce a full list of the changes the U.K. requires, he has pledged to do so early this month ahead of a crucial summit in December.

“The future holds challenges for our economies,” Osborne said in the statement. “To do this, we need a strong EU, fit for today’s challenges and working for the benefit of all 28 member states. The U.K.’s reform and renegotiation plans aim to achieve this, which is why these talks with key partners in Europe are so important.”

Having met all his fellow EU leaders over the summer, Cameron is trying to build momentum ahead of next month’s summit in Brussels. Responding to growing pressure for more information, Cameron said on Oct. 15 that he will set out details of the changes he wants and the issues to be addressed in a letter to EU President Donald Tusk in early November.

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