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Old 19-02-2016, 22:16   #454
Damien
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re: [Update] The UK votes to leave the EU

Here is the deal:

The key changes will mean that:

Quote:
• A proposed emergency brake on EU migrants claiming in work benefits will last for seven years. It will apply on an individual for no more than four years, and will be phased out after the first year. But the UK will be allowed to apply the overall restrictions for seven years.

• Restrictions on child benefit for EU migrants will kick in at a reduced rate – indexed to the rate of a migrant’s home country – for new migrants with immediate effect. Existing EU migrants will be paid at the lower rate from 2020. Eastern European countries had hoped to exempt existing migrants altogether.

• Britain has a specific opt out from the EU’s historic commitment to forge an ever closer union of the peoples of Europe.

• One country – effectively Britain – will have the right to impose a handbrake to refer contentious financial regulation to a meeting of EU leaders in the European Council.
It's a bit better than the one from a few weeks ago but not what he would have wanted at the start. I think that last point was designed to be the rabbit out of the hat. Someone who knows what they're talking about will have to let us know what it actually means but on the face of it that is probably the substantial one.
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