Misery for the Greeks and the risk to the European financial system will go on and on and on – unless leadership is exercised. We are perfectly placed to provide it.
What does yesterday’s vote mean for British eurosceptics, for the Eurozone itself and for Cameron’s renegotiation?
The Eurozone authorities are effectively confiscating the bank deposits of Greek citizens in order to blackmail their government.
He should try to imagine how the suffering Greeks feel as the referendum due on Sunday looms.
Logic tells me there ought to be a negotiable compromise with the EU. Emotion makes me want to punch the Commission’s smug face.
Do the Greek people want to live under their own laws, or under the control of a remote, unaccountable power?
The country’s suffering should be ended by bringing in a debt write-down and a new, free-floating currency.
“One of the dangers is that it will suck in Russian or Chinese money, becoming a strategic liability for the rest of Europe and the NATO alliance more widely.”
The Prime Minister was demanding “proper full-on treaty change”. Now we are told that we may have to accept a mere promise of it.
For all of the undoubted hardship suffered by the Greek people, the fact that other EU member states have had it worse is often overlooked.
Staying in the EU means growing risks our prosperity and freedom.
Sometimes the agents of malintent in our world are in plain sight to all of us. But how to deal with them?
If Eurosceptics concentrate their energies on renegotiation, the case for In will be halfway round the country before Out has got its boots on.
Greece’s fate is Germany’s decision.
I have before expressed concern that excessively loose monetary policy and more debt will eventually spark another crisis on a potentially more devastating scale.