Monday, January 19, 2015

THE DEATH KNELL OF EUROPE AND THE EUROZONE



Could we be on the brink of a New Europe? Jean-Claude Juncker may well live to regret his recent comments - bless him!! 

The EU and the European Commission is now perceived as a collection of dysfunctional legal and administrative units propped up by many apparently self-centred politicians and Commissioners; likewise the Eurozone has all the markings of a failed "project". What country, having regard to the well-being of its own citizens, would choose to remain part of such a shambles?

Europe is constantly warned of these dangers by parties such as Britain's UKIP.

In the current global economy struggling countries like Greece, Italy, Spain, and Portugal would surely do better outside of the EU. They need only take the decision, readopt their own currencies and leave. The same principle applies to stronger economies in the EU. Having the well-being of their citizens at heart, they too should rid themselves of the eurozone, get out of the EU and return to a common trading arrangement supported by their own currencies. 

Could this be the beginning of the end for the Eurozone, the death knell of the EU ? Is it the spring-like dawn of a new and harmonius Europe united by trade? Let's hope so for the sake of the peoples of Europe.