Britain Must Prepare for Euro Endgame

Britain Must Prepare for Euro Endgame

 

"You don’t like the euro, so why do you want to be in our meetings?” asked the French President of David Cameron at the weekend, adding for good measure that he had “had enough” of British interference. The language may have been undiplomatic, but Mr Sarkozy did rather put his finger on the nub of the problem Britain faces in responding to the eurozone debt crisis.

So far the Coalition government has gone along with Europe’s pained march towards fiscal union, even though this runs counter to the eurosceptic instincts of its Conservative hierarchy.

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