Updated

British Prime Minister David Cameron and European Council President Donald Tusk are meeting to try to hammer out a deal aimed at keeping the U.K. in the EU, after Cameron said the existing proposal is "not good enough."

Cameron and Tusk will meet Sunday at 10 Downing St.

On Friday top EU officials offered Britain a mechanism known as an "emergency brake" that would let the U.K. temporarily limit benefits to immigrants if the country's welfare system comes under strain.

The proposal could satisfy Britain's goal of regaining some control over immigration and other countries' desire to maintain the key EU principle of free movement among member states.

Cameron said the proposal is "not good enough ... but we are making progress."

Officials hope to strike deal on Feb. 18-19.