For Your Information: Euro Government, National Currency

  • Hollande calls for euro government to beat recession – EUobserver.com
    COMMENT: Clearly the “logic” of the Eurozone is to move towards further economic integration in order to “save the euro”, even though most ordinary citizens across the Eurozone do not want this, for of course one cannot have a European or Eurozone democracy without a European “demos” , and the latter does not exist and cannot be created artificially.

    If further Eurozone integration moves happen however, the UK is likely to get ever more disengaged from the EU, and it certainly will not join the Eurozone.

    If we go along with further Eurozone integation moves, as most of our politicians will be inclined to do, it will surely mean that the political/economic division between North and South of Ireland will get deeper.

    That would surely be an ironical way of commemorating the centenary of the Easter Rising in 1916, and the aspiration of the 1916 Proclamation for the establishment of an independent democratic State in “unfettered control of Irish destinies”.

    And what will be left of our low-level Corporation Tax Rate in the more integrated Eurozone which M. Hollande envisages?

    A. Coughlan

  • National parliaments eclipsed by EU powers – EUobserver.com
  • France’s triumphant ‘Joan of Arc’ vows to bring back franc and destroy euro – Telegraph

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