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UK Ministers consider total exit from EU

Discussion in 'International Forum' started by Sonara, Jun 14, 2012.

  1. Sonara

    Sonara JF-Expert Member

    Jun 14, 2012
    Joined: Oct 2, 2008
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    [h=1]Ministers consider total exit from EU[/h] [h=3]MINISTERS have begun to look at a total EU withdrawal as an extreme solution to the euro crisis.[/h] Speaking anonymously, a Cabinet Minister yesterday revealed “all options are on the table” now as the crisis continued to spiral out of control.
    The senior Government figure added: “Withdrawal is one of the options.”
    Chancellor George Osborne yesterday briefed the Cabinet on emergency plans if new elections in Greece on Sunday spark an EU-wide run on banks. Polls suggest left-wing anti-austerity parties will win the vote, plunging the Greek bailout deal into disarray.
    For the first time, Mr Osborne said that Greece may have to be kicked out of the single currency before Germany can be persuaded to stake its cash on saving the euro.
    The gloom deepened amid concern that a mass-ive Brussels bailout of Spain’s banks may have failed and fears over Italy’s mammoth state debts.
    In one ray of good news, a think tank predicted Britain has just about crept out of its double dip recession.
    The National Institute of Economic and Social Research said the economy started to grow in the three months ending in May, by just 0.1 per cent — adding: “We expect the UK economy to remain broadly ‘flat’ over the next six months.”
  2. The Quonquerer

    The Quonquerer JF-Expert Member

    Jun 14, 2012
    Joined: May 14, 2009
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    That's why TZ should follow suit on the envisaged EA-Monetary Union, to not even try. Not only that, but TZ should quit this unholly alliance. These neighbors are smelly, they stink!