By BAGEHOT
AFTER months of unclear talk about “renegotiating” Britain’s EU subscription and a flurry of checkouts to European capitals by the prime minister and his lieutenants, the minute had come. The prime minister would set out the terms of the offer he hopes to protected in Brussels next month as a letter explaining them winged its method to Donald Tusk, the president of the European Council. In the occasion, his speech at Chatham House this earlymorning exposed really bit not currently understood. Mr Cameron desires to formalise the EU as a multi-currency union (protecting non-euro nations like Britain), end its symbolic dedication to ever-closer union, make it more competitive and need brand-new migrants to invest 4 years contributing to the Exchequer before they have a right to draw advantages.