Opinion piece by Charles Grant Europaquotidiano, 08 December 2011
«In questo momento mi pare si possa adattare ai leader europei quello che Churchill usava dire a proposito degli americani: si può sempre essere sicuri che facciano la cosa giusta, una volta che abbiano esaurito tutte le altre possibilità».
The UK’s decision to marginalise itself by vetoing a new EU-27 treaty has dominated the post-summit media coverage. And for good reason – it could prove a big step towards UK withdrawal from the EU. However, the bigger question is whether the agreement reached at the summit will do anything to address the fundamentals of the euro crisis.
Britain’s unlikely status as a safe haven is more to do with Europe’s problems than our cuts.George Osborne likes to point at Britain’s record low borrowing costs — the Government can issue ten-year debt at just over 2 per cent — as proof of confidence in his stewardship of the economy.