Chancellor Osborne's speech to the Open Europe Conference: Graham Bishop commentary

15 January 2014

Has Osborne not noticed the huge EU economic reform process? These words will haunt him soon.

"First we need economic reform that enables the EU to create jobs and economic security, and compete in the global race - something it is not doing well at the moment." Six Pack/Two Pack/TSCG/European Semester/CSR is all about this. Has he read and understood them??

By May 2015, Chancellor Osborne may have discovered that his example of a 'double majority' on Banking Union has come back to haunt him and he has to propose the UK leaves the EU – or eat a lot of these words. But Johnny Foreigner may have noticed the soaring current account deficit before then.

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Graham Bishop - Consultant on EU Integration - Political, Financial, Economic, Budgetary

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