London / Bloomberg
Those in favour of the U.K. leaving the European Union are â€œextremely vagueâ€ when asked to set out a vision of life outside the bloc, Prime Minister David Cameron has said.
Writing in the Sunday Telegraph, Cameron challenged supporters of an EU exit to set out what the U.K.â€™s trading relationship would look like after a possible victory in the June 23 referendum. He also asked them how long the economy would face uncertainty while new terms were being negotiated, how joint-security arrangements would be replaced and how Britainâ€™s role and influence in the world would be maintained.
â€œItâ€™s simply not good enough to assert everything will be all right when jobs and our countryâ€™s future are at stake,â€ Cameron wrote. â€œWith so many gaps in the â€˜outâ€™ case, the decision is clearly one between the great unknown and a greater Britain. A vote to leave is the gamble of the century.â€
He said the â€œthe only certainty of exit is uncertaintyâ€ and set out the risks the U.K. would face in the months and years after leaving the EU.
He said there would be â€œrisk to our economy, because the dislocation could put pressure on the pound, on interest rates and on growth.â€ He also cited risk to cooperation on crime and security matters and risk to the U.K.â€™s reputation as a strong country at the heart of the worldâ€™s most important institutions.