Where does one begin with the latest Euro summit?
Whether Cameron took the right decision or not it was of course for entirely the wrong reasons – i.e. to appease the City of London and the right wing loons in his party.
The tales of the Germans printing Deutchmarks whilst simultaneously trying to save the euro have been doing the rounds for a couple of months now. I don’t think anyone would be surprised if they are true.
The BBC in its even handed way has presented the thoughts of three correspondents here. Interesting that despite their widely different views they all come to the (inevitable) conclusion that Cameron has painted himself into a corner.
I think that Timothy Garton Ash’s article in Wednesday’s Guardian may prove to be prescient. The erratum at the end of the article is a cracker and of course typical of the Grauniad’s modus operandi – not to mention honesty.
Garton Ash’s article yesterday tells it pretty much as it is I’d say.
Difficult questions.
No easy answers.
It seems now that Cameron will either have to do a volte face and risk mutiny in his party, or begin a full debate on the UK’s continued membership of the EU culminating in a referendum on the issue.
It looks like the latter and that may not be the worst thing that could happen.
The Liberal Democrats last night said…………………nothing.
Filed under: european union Tagged: | david cameron, euro, sovereign debt crisis, veto
To much wrong with the EU today. Not sure going along with the rest was the right thing to do but what now? Cameron doesn’t normally pander to the right, he does follow the city however. The Franco German alliance is not meant to aid the UK. What is the answer???