Saturday 23 July 2011

Euro-geddon: The EU, born out of idealism 60 years ago, is now a byword for waste, financial chaos and unaccountability

Daily Mail
"Despite its latest gigantic handout, it seems impossible that Greece can stomach the necessary austerity measures to keep the markets happy for long. Ireland totters on the brink of a second bail-out, while even more disturbingly Italy and Spain, with massive deficits and soaring unemployment, are still dancing on the edge of disaster. ......Conceived in a climate of heady idealism, the euro has become a symbol not of unity and friendship, but of hubris, indiscipline and economic Armageddon. On the streets of Mediterranean capitals, demonstrators daily vent their fury at the politicians they blame for their predicament. ....A poll released to the Mail painted an even more compelling picture. Two out of three voters blame the EU for the gigantic debt crisis in Greece, Ireland and Portugal. And if the British people, as opposed to just Tory supporters, were given the choice, they would vote by 50 per cent to 33 per cent to abandon Brussels."

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