Friday, May 21, 2010

Does Britain Want The Euro To Fail?

The death of the euro? Britain's hubristic leaders have only themselves to blame, argues Britain's former ambassador in Bonn

Daily Mail — The European Union is enduring its worst crisis since its inception almost 60 years ago. The problem is the eurozone and whether it can continue in its present form - or at all.

Although only 16 out of 27 member-states of the EU have replaced their old currencies with the euro, monetary union lies at the heart of the European project. Only yesterday, Germany's Chancellor, Angela Merkel, told her parliament that 'if the euro fails, then Europe too will fail'.
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Don't expect Britain to back a new EU treaty, Cameron tells Merkel

The Independent — David Cameron flatly ruled out the idea of Britain agreeing to any changes to the European Union's Lisbon Treaty that might involve ceding powers from Westminster to Brussels yesterday, during his first visit to Germany as Prime Minister.

His two hours of talks in Berlin with Chancellor Angela Merkel followed a meeting with French President Nicolas Sarkozy on Thursday, and Mr Cameron was able afterwards to live up to his reputation in Germany as a staunch Eurosceptic by delivering a robust defence of Conservative Party policy on Europe.
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Britain Won't hand any more powers to Europe.

The Sun — DAVID Cameron yesterday insisted Britain will NOT hand any more powers to Brussels.

In a visit to Berlin, the PM said any transfer of sovereignty was "not likely to happen" in the foreseeable future.

He assured German Chancellor Angela Merkel the UK would play a constructive role in Europe. But he also threatened to use Britain's veto to block EU plans in the future.
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