Monday 14 November 2011

Boris Johnson on the Euro...

We are using fiscal bullying to try to turn the Greeks and Italians into Germans writes Boris Johnson in today's Telegraph. The whole European enterprise is now devoted to keeping the euro alive on the utterly specious grounds that the currency is synonymous with “Europe”. We are nailing shut the exits of William Hague’s famous burning building. British taxpayers going to be shelling out ever more in bail-out dosh, much of which will ultimately go to banks and bankers’ bonuses. And all the while the southern EU members will be put on ever tougher austerity regimes that frankly don’t suit their needs. No matter how hard I diet, I won’t look like a championship athlete. The Greeks can’t become Germans, and it is brutal to force them to try.