I was puzzled by George Osborne’s interview on the Today programme last week, about which I wrote for The Independent on Sunday, and his article for The Sunday Telegraph makes matters no clearer.
This headline may look like a cheap way of bulking out my own series of Questions to Which the Answer is No, but I ask it in a genuine spirit of inquiry. I am puzzled by the absence of any serious economic commentator who suggests that the euro will survive for longer than a few years [...]
I am baffled again as to what the Prime Minister’s position on the euro actually is. He said several times, in answer to questions on his statement on the G8 in the Commons this afternoon, that the euro needs political union in order to work, which is why he was always against Britain’s adopting it.
I don’t mind Boris Johnson. In fact, I voted for him as mayor of London, twice. But it has come to something when I agree with him about the euro.
I will write about something other than the euro in a moment, but first let me record George Osborne’s “genie out of the bottle” comments. In the same Commons debate on the Queen’s Speech on which I commented earlier, he said:
When eurozone central bank governors and Finance Ministers openly speculate on the possibility of Greek [...]
Further reading on the euro crisis.
Kitty Ussher, Labour former Treasury minister, has a clear argument for why Greece cannot be forced out of the euro, in the New Statesman.
Andrew Lilico, director of Europe Economics and formerly chief economist at Policy Exchange, has a slightly less clear but forceful argument for why Greece will be forced [...]
How peculiar. Extrapolating from the known views of David Cameron, George Osborne and Ed Balls, we can expect all three of them to believe that the orderly break-up of the euro would be in the best interests of Europe, including the United Kingdom. And yet all three insist in public that euro should be preserved [...]
This graph from the British Election Study at Essex University shows a sharp increase in hostility to the UK’s membership of the EU in late 2010, which has been sustained since. That was when the crisis of the euro really started to come through in the British media.
David Cameron is going to find himself pushed into a referendum on Europe that could mean Britain leaving the EU if he does not assert himself. That is the conclusion of my column in The Independent on Sunday today.
James Forsyth in The Spectator last week reported that the Conservatives were likely to promise in their [...]
The well informed James Forsyth may be right in the forthcoming edition of The Spectator that a referendum on the UK’s membership of the European Union is becoming more likely. But that does not mean that it makes any sense.
One source intimately involved in Tory electoral strategy told me recently that a referendum in [...]
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