The Prime Minister announced that he is prepared to hold a referendum on the future relationship with the EU at some future date to be decided. This has been welcome news to those in the party and the country who are feeling more and more anxious about the way things are developing and the slow implosion of the euro and the severe financial consequences it creates around the world.
David Cameron has sought to reassure eurosceptics he is prepared to hold a referendum on Britain's relationship with Brussels - claiming the British are sick of Europe's "medding" and large amounts of EU legislation should be scrapped.
In an article published in the Sunday Telegraph, he writes: "The fact is the British people are not happy with what they have – and frankly neither am I.
"Put simply, for those of us outside the eurozone, far from being too little Europe there is too much of it. Too much cost, too much bureaucracy, too much meddling in issues that belong to nation states or civil society or, indeed, individuals.
"Whole swaths of legislation covering social issues, working time and home affairs should, in my view, be scrapped."
He says however that "tactical and strategic patience" is needed, stressing he is in coalition with the pro-EU Liberal Democrats.