Thursday 15 January 2009

The Euro is a matter of foreign policy

I've just caught up with today's Daily Politics. Denis MacShane seemed to be affronted that it was William Hague who made a statement about the Tory party position on joining the Euro rather than George Osborne.

I don't see the problem. Membership of the Euro is a matter of economics and foreign policy, they are intertwined. Proponents of joining the Euro don't seem to think that ceding part of your economic policy affects sovereignty. I think it does.

Let's see how the Pigs do (Portugal, Ireland, Greece & Spain) coping with the recession within the constraints of the Euro.

Now back to Most Haunted Live.

Squiffy

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