After months of promises, Prime Minister David Cameron delivered his keynote address on Britain’s future with the European Union on Wednesday. The speech was deft and nimble, smartly created to placate both Euroskeptics and Europhiles—and to buy time. It was, by virtually all reports, a smashing success.
Britain’s swelling anti-Europe movement will get the opportunity to vote the United Kingdom out of the EU in a straightforward “in/out” referendum. However, the referendum will take place only after Britain has renegotiated a new relationship with the EU. This gives the Europhiles the opportunity to concoct an agreement with Brussels that is palatable to Britain’s public. In short, an in/out referendum will happen, but not till 2017.