Lawson: Don’t waste the euro crisis
One of the consolations of the eurozone crisis, apart from the Schadenfreude, is that of hearing George Osborne lecture the eurozone members on how they need a common policy on tax and public spending, and closer political co-operation, to make the euro work.
It is the corollary of the Conservative Party’s argument against Britain adopting the euro – that it would require closer political union to work – but it is still entertaining to hear our Chancellor advocating a policy for others that is precisely his reason for rejecting euro membership for us.
Now, however, Nigel Lawson, Osborne’s predecessor, has expounded the opposite argument, in an article in The Times (pay wall). He argues that the euro crisis is a “golden opportunity” to force a renegotiation of the founding treaties of the European Union to take the whole EU in the opposite direction.
The notion that “more Europe” must always be promoted, that there is no acceptable end to the process of integration short of a full-blown United States of Europe, and that the watchword must always be that of “ever closer union” has to be explicitly abandoned.
And this requires not merely a declaration to that effect, but its embodiment in a full-blown constitution that sets out the entrenched and unalterable competences and responsibilities of the member states of the Union — the very reverse of what is contained in the anti-constitutional Lisbon treaty.
The implication is that euro is going to break up and that it should be allowed to do so: there is no point in trying to promote greater unity of EU core to save it.
He is probably right, and most Conservatives agree with him, but David Cameron and his Chancellor cannot possibly say it.
Could European policy break the Tory party again?
Thanks to Benedict Brogan’s Morning Briefing for the tip.Tagged in: european union, nigel lawson
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