Cameron: No need for EU referendum

British Prime Minister David Cameron, in a dispute with Conservative euroskeptics, said Monday there will be no need for a referendum on the European Union.Cameron said talks at the upcoming summit on greater financial integration in countries that use the euro will not mean any substantial shift in Britain's relationship with the EU, the Financial Times reported. The work and pensions secretary, Iain Duncan Smith, said Sunday he expected "substantial changes" in the treaty."I am not intending to pass any powers from Britain to Brussels, so I don't think the issue will arise," Cameron said Monday. "What's being talked about is a new set of rules for the eurozone and how those countries that are members of the eurozone organize themselves on fiscal policy. There's no proposal on the table for a transfer of powers."In October, 81 Conservatives in Parliament voted in favor of a referendum on remaining in the EU.While there are 27 countries in the EU, only 17 are in the common currency zone.