With German Chancellor Angela Merkel and French President Nicolas Sarkozy saying that a change to the EU Treaties might be necessary to achieve stronger economic governance, Open Europe has published a briefing outlining recent developments and moves towards an 'economic government' for the EU.
While the UK risks getting pressured into an EU-wide economic government that is essentially supposed to solve the problems of the eurozone, the UK could also use this to its advantage, and decide to work with Angela Merkel, using her demand for Treaty change to repatriate powers back to Westminster.
The contrasting Franco-German visions of the euro are at near breaking point and it remains to be seen whether German taxpayers will stomach any further incursions on economic sovereignty in the guise of a French-inspired economic government.
To read the full report, click here.
To read the press release, click here.
How the EU elite got it wrong on the euro
Open Europe has published a collection of the broken promises that the EU elite made to their citizens from the birth of the euro up to the recent crisis.
To read the full report, click here.
To read the press release, click here.
Open Europe makes the case for a new kind of Europe. Click here to see recent coverage of our work
EU SUPERVISION AND REGULATION IN THE SECURITIES MARKETS: WILL ONE SIZE FIT ALL?
Monday 12 July 2010, 2.00pm – 4.00pm
Speakers included: Salvatore Gnoni, European Commission; Kay Swinburne MEP; William Underhill, Slaughter & May – Chairman of the City of London Law Society’s Company Law Committee
The event was chaired by Mats Persson, Open Europe Director, and held in conjunction with Policy Exchange
For more information on previous Open Europe events, please see our events page
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Writing on the Guardian’s Comment is Free, Open Europe’s Stephen Booth argues that, at his first EU summit, David Cameron successfully avoided greater incursions on the UK’s economic sovereignty but that the most divisive issues were deferred until the Autumn.