Greece Isn't The Only Flight Risk For The Eurozone

Greece's financial woes have raised questions over whether or not the eurozone should be preparing for the nation to exit the currency union.

However, although Greece has been in the spotlight for the better part of three months, it isn't the only nation the European Union stands to lose in the coming year.

The UK is about to hold its general election next month; the outcome of which could result in a referendum on Great Britain's relationship with the EU.

Referendum On Membership

Conservative Prime Minister David Cameron has promised to renegotiate Britain's relationship with the EU if he and his party are re-elected. He vowed to give the population a chance to weigh in with a referendum vote in the coming year.

However, if Cameron is defeated by his Labour Party counterpart Ed Miliband, the referendum is unlikely.

Coalition Likely

At the moment, polls show that the two parties have relatively equal support, which most expect means the vote will end with some sort of coalition government taking power.

However, if the Conservative party is included in the coalition, a referendum vote is likely to remain on the table.

Related Link: Greece's Finance Minister Quotes Roosevelt To Express His Frustration

HSBC Warns On Referendum

Last week, British bank HSBC Holdings plc (NYSE: HSBC) voiced its concerns about a referendum on the UK's membership in the EU, saying that economic risks could be disastrous if the region decided to leave the EU.

The bank said it was evaluating the possibility of moving its headquarters out of London due to the structural reforms banks have had to face since the financial crisis and warned that whether or not Great Britain remained in the EU would play into its decision making.