nick venedi

Sunday, 23 October 2011

Last chance for Euroland

Interesting time for Europe, the summit this weekend will determine the future of the Federation. If the Franco German alliance wins the argument then the Euro will be supported and the member states will move closer to fiscal integration meaning that decisions about the economy will be made centrally.

I am sure that Britain has no choice other than to continue a close association with Federal Europe as it is a huge market. Britain will obviously not want fiscal integration and will therefore select to remain outside the close circle of those who may chose to go for it choosing instead to remain closer to the USA and use Europe for commercial interests only.

I think the current crisis is an opportunity to sort out the direction of this vast organisation and it will be a make or break point.


http://lawatwork.blogspot.com/2011/10/greece-do-they-get-bail-out-money.html

http://lawatwork.blogspot.com/2011/10/greece-economic-mess.html

http://lawatwork.blogspot.com/2011/10/euro-zone-and-fiscal-union.html

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