Britain and the Eurozone – Cameron’s veto

Surely it’s too early to judge whether David Cameron was right to veto the new EC treaty. As time goes on, I think I’m admiring his bravery. On a matter of principle he said “no” while other leaders said “yes” which is really “maybe” as they need to take the issue to their parliaments. Will David Cameron turn out to be a sole voice, or a leader of a movement?

Of course, as the papers are saying, the publicity of this obscures the absence in the plans presented of a solution to the problems of the Euro – and do we really believe more central control is the answer to everything in the 21st Century?

All this leads me to the best comment I’ve seen (in this week’s The Week)  from Terry Smith CEO of Tullett Prebon (on BBC Radio 4 Today Programme 9th December 2011), “Britain is as isolated as somebody who refused to join the Titanic just before it sailed.” I like that!

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