The eurozone crisis is a 'perfect opportunity' for Britain

by liamssoft | June 7, 2012 at 01:44 am
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British MP Schools Paul Krugman on Economy: "It Is Very Simple Mathematics"

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British MP Schools Paul Krugman on Economy: "It Is Very Simple Mathematics"

I believe passionately that, if you’re not happy with the way things are, you should come up with something constructive instead of just moaning. So, when we set up the Fresh Start Project, we wanted to adopt a completely different, thought-through approach to the UK’s relationship with the EU – and that's what we are doing.

The Eurozone may be entering the end game of the crisis. Unless Merkel can deliver the needed underwriting of Eurozone debt by those wealthy northern European members who made a fortune in the good times, then the markets will force the southern members to default and leave. A disaster for all European economies, that no one should underestimate, but whatever happens to the Euro, the EU Treaties will still be there, full of faults and unintended consequences.

So ironically, out of the Eurozone misery will also come the perfect opportunity for the 'fresh start' we crave in the EU - the UK has never had a better chance to negotiate a new and improved deal for our country. There can be no doubt that this is what the public wants. This isn't about profiting from the Eurozone's hardship - it's about facing up to the reality of the damage the EU is doing to our economy and our civil society and showing the single mindedness to do something about it. Reform shouldn't be purely about economic matters – everything should be on the table.

Source: By Andrea Leadsom MP, Co-chair of the Fresh Start Group of Conservative MPs .telegraph.co.uk

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