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- In this new book, Brendan Donnelly and Hugh Dykes, both former Conservative parliamentarians, critically review British attitudes towards the European Union, particularly those of the media and political classes. They...
- Federal Union held its AGM and annual conference on 17 March 2012. The morning session, entitled “Can the European Union be saved?”, looked at the European treaty agreed at the...
- By John Parry Review of “The Council of Europe” by Martyn Bond (Routledge Global Institutions Series, price £75 hardback) It was summer 1949. In the village of Le Hohwald, tucked...
Latest Blog Entries
- How the world turns - 20/05/2012It is not only the world of politics that is turned upside down by the European banking crisis and the ineffectual way in which political leaders are dealing with it. ...
- Authentic euroscepticism - 20/05/2012A very interesting article in the Daily Telegraph last Friday by Jeremy Warner (read it here) sums up the eurosceptic dilemma and reveals the perverse nature of the way they...
- Overwhelming - 18/05/2012This blog has described before the difficulties associated with Greek departure from the eurozone. It would reduce the Greeks to a cash or even barter economy for a while, and...
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Britain and the euro Archive
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Why the euro did not cause the housing crash
Posted on 18/10/2010 | 1 CommentWe quote an extract from the book “Whoops!” on the Quotebank here, explaining that action to regulate the banks should be international and not national. But it wouldn’t be fair not to make clear that the author, John Lanchester, does not express sympathy with the... -
Coalition tensions
Posted on 23/09/2010 | 1 CommentThe Liberal Democrats at their conference in Liverpool this week were discussing the coalition government. A coalition is necessarily a compromise between different and even conflicting interests, and resolving those conflicts satisfactorily will be an important factor in keeping the coalition together. But it remains... -
What Liberal Democrats can fight for in the coalition government
Posted on 03/09/2010 | 1 CommentBy Richard Laming Entry into the coalition government after the general election in May presents the Liberal Democrats with a difficult dilemma. On the one hand, they share and exercise political power, with five seats in the cabinet – which by most reckoning is the... -
Michael White: an apology
Posted on 04/07/2010 | 1 CommentVeteran Guardian political commentator Michael White has called for an apology from politicians who were in favour of joining the euro because of how things have turned out now. “But the fact is they told us we’d be worse off outside the eurozone (we weren’t)... -
It’s time to shed outdated ideas on national currencies
Posted on 19/05/2010 | No CommentsLetter published in the Financial Times, 19 May 2010 Sir, Thank goodness we are not in the eurozone, we are told. Look at Greece. But the UK is not in the eurozone and yet look at us. Poor Greece cannot devalue because they are in... -
How to both support and oppose the euro at the same time
Posted on 09/05/2010 | 1 CommentOne of the things that did for the Liberal Democrats in the general election campaign was their inability to explain their position on the euro. They were widely and generally accused of proposing that Britain should join the euro, at the same time that the... -
Why isn’t Britain in more trouble?
Posted on 30/04/2010 | No CommentsAn interesting piece by Paul Krugman here compares the economic situations of Britain and Greece. The fact that Greece is in the euro and Britain is not makes the British path to economic recovery rather easier. We can devalue, and we can run a looser... -
You can’t buck the market
Posted on 14/02/2010 | No CommentsMargaret Thatcher’s famous aphorism echoes down the decades, and is heard nowhere more clearly at present than in Greece. The Greek government is struggling to convince the bond markets that it can pay its debts. The interest rates it has to pay are up to... -
Does Labour support joining the euro?
Posted on 28/05/2009 | 1 CommentThe Vote Match website – which you can visit here – reveals some interesting facts about what parties think. One of the most interesting is Labour policy on the euro. The statement that was put was “The UK should join the European single currency (Euro)”,... -
Ceteris paribus
Posted on 21/01/2009 | 5 CommentsThe title is a Latin phrase used in economics which means “all other things being equal”. The prediction of what difference any specific alteration to economic policy will make is always hedged by this consideration. You can never be sure exactly what will follow from...
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