Propping up the euro
Britain has been helping to keep the ailing currency afloat – using our pensions as collateral…
Britain has been helping to keep the ailing currency afloat – using our pensions as collateral…
Economic journalists Larry Elliott and Dan Atkinson explain why the EU is failing: because the single currency was not a progressive project and never could be.
Italy’s GDP is up by only 0.8 per cent on last year. In this year’s second quarter, there was no growth at all.
The economic troubles of the EU will not go away, despite the sustained denials by politicians, echoed by some here in Britain. One expert tells a different story, explaining that struggling through crisises cannot go on endlessly.
20 July 2015
Even as negotiations with Greece were continuing in June, the President of the European Commission, Jean-Claude Juncker, released a report calling for closer monetary and political union.
8 July 2015
Pompously launched to the strains of Beethoven’s Ode to Joy at the start of 1991, the euro now stands revealed as a cage to trap and impoverish the peoples of Europe.
3 February 2015
In a graphic illustration of the weakness of the European Union after the Greek election, Commission President Jean-Claude Juncker has signalled his willingness to end the rule of the “troika”.
After the magnificent votes against the EU Constitution in France and Holland, those here who want to try to save the tatters of a Treaty are desperate to deny a similar vote to British workers.