European Parliament Passes Law to Restrict Cash Payments to €10,000
The European Parliament has voted to impose a €10,000 limit on cash payments within the European Union
British Prime Minister David Cameron has warned that the Minister who are favoring an exit from the EU need to submit their resignations.
British government has submitted a proposal for a referendum on the question if the island should remain within the union. The second round of votes will be cast Tuesday.
The official wording of the question states, ''Should the United Kingdom remain a member of the European Union?''. Meanwhile, the term for the procedure to be conducted has been set for December 31, 2015.
Cameron himself has stated his position that the country should remain a part of the EU as long as the union undergoes the necessary reforms.
"I would note that one of the great values of having the United Kingdom in the European Union is its leadership and strength on a whole host of global challenges, so we very much are looking forward to the United Kingdom staying part of the European Union because we think its influence is positive not just for Europe, but also for the world," stated Cameron as quoted by The Guardian.
He added that if ministers would like to remain a part of the government, they should be supportive of the referendum. His statement was made during the G7 summit held in Germany.
Meanwhile, British ministers believed to be more in favor of an exit policy could be considered the ones in charge of labor, foreign affairs and the justice department.
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The European Parliament has voted to impose a €10,000 limit on cash payments within the European Union
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