Strengthening Constitutional Self-Government

No Left Turns

European Union, problems

As Poland votes overwhelmingly to join the European Union, the United Kingdom announces that it wants to postpone the decision about joining with Europe on a single currency. It is no wonder that they have postponed this, given the remarks of a former Bundesbank Director.

"Germany is suffering its worst economic crisis in decades. We are in bad shape and euro membership has played a major role in limiting our policy-making room for manoeuvre."

"The present euro zone structure is devastating for Germany. Our economy is bleeding. And I am convinced the UK would be crazy to join - you should stay out for as long as I can foresee."

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