Britain's finance minister spells out mandate on EU referendum

Emboldened by his party's election triumph, Britain's finance minister insisted today that his government has a "very clear mandate" to change the terms of the country's membership in the European Union before it holds a referendum on whether to leave the bloc altogether.

Brussels: Emboldened by his party's election triumph, Britain's finance minister insisted today that his government has a "very clear mandate" to change the terms of the country's membership in the European Union before it holds a referendum on whether to leave the bloc altogether.

The Conservatives' promise to hold an in/out referendum by 2017 was a key plank of their manifesto in the general election last week. The party's top brass, including Prime Minister David Cameron, have suggested they would only support continued EU membership if the country can change terms related to its membership.

"We go into these negotiations aiming to be constructive and engaged but also resolute and firm, and no one should underestimate our determination to succeed for the working people of Britain and indeed for the working people of the European Union," finance chief George Osborne said today ahead of a meeting of his peers from the 28-country EU in Brussels.

Osborne, who is set to be one of the lead negotiators, refused to address growing speculation that the referendum may be brought forward a year to 2016. Many in his party and in the business community think the referendum should take place earlier than planned because it would reduce uncertainty and won't clash with elections in Germany and France.

He said the aim is to "improve Britain's relationship with the rest of the EU and to reform the EU so it creates jobs and increases living standards for all its citizens."

Though details of what the Conservatives want are sketchy, the party noted in its manifesto that it's looking to control migration from the EU by reforming welfare rules.

"Instead of something-for-nothing, we will build a system based on the principle of something-for-something," the party said. "We will then put these changes to the British people in a straight in-out referendum on our membership of the European Union by the end of 2017."

Many top officials across the EU, including German Chancellor Angela Merkel, have insisted that the principle of the free movement of labor across the bloc is non-negotiable.

However, some have been more forthcoming on the idea of changing the way welfare payments are made to migrants.

Though the referendum pledge was not discussed at today's meeting, early indications are that Osborne isn't going to find it easy to push through reforms, especially if they are so big that they require changes to the EU's treaty.

"I think politicians must decide and act," said Austrian Finance Minister Hans Joerg Schelling. "And if politicians believe they have to ask the people, that indicates that they are not prepared to take the necessary consequences and decisions."

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