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If that stability is lost, the consequences will dwarf the undoubted social dislocations flowing from migration.
If that stability is lost, the consequences will dwarf the undoubted social dislocations flowing from migration.
So it is regrettable that so little attention has been paid to the announcement of proposals for profound “reform”. The Commission published its proposals for “A deeper and fairer Single Market”. This should be seen as a vindication of the UK’s demands for reform in the EU’s single market. Prime Minister Cameron is pushing at a wide-open door! The proposal covers:
Co-incidentally (or perhaps not), the bulk of the necessary legislation should be announced during 2016 so the EU will be able to point to a major wave of economic `reform’ during the Brexit referendum debate. As George Osborne said in his recent Berlin speech “We want Britain to remain in a reformed European Union.” However, there is another wave of `reform’ that many Conservative back-benchers may not welcome so much: a further round of deepening and integration within the Eurozone. To quote Osborne’s Berlin speech again “In the end the inexorable logic of monetary union will mean the treaties will have to be changed to support the financial and economic union required for a permanently stronger euro — the stronger euro we want you to build.”
In a decade, it is entirely foreseeable that only a few euro non-members. The “inexorable logic” has been well underway since the Greek crisis of 2010 and is now poised to push forward rapidly in the decade to 2025.
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