venerdì 9 dicembre 2011

UK obstructs reform of EU treaty to defend EURO now: Is the Pound the original sin ?

After all hard difficulty to find new reform for PIIGS country with new efforts especially for Greek people and a new Italian government to change the situation in Italy, an open availability from Germany to give new power to ECB and other European institution, favoring it instead of  German interest and knowing that the honest German people should guarantee for other Countries and pay for their economic laxity in exchange new EU fiscal strict control on Nation budget with automatic sanctions and a true reform to European Union, Europe find this night the inexusable UK position to obstruct the project to save Eurozone.
As we all know Uk uses a competitive currency against Euro even if Uk is an important EU Nation, and a competitive deregulated Market even if it is one of the first reasons of EU crisis.
Every Coutry is call to give something for the common good : Europe and every Country from Greece forced by his political dishonesty to Italy forced by his political laxity to Germany and France less forced but conviced by the better economic advantages of a United Europe instead of an end of it, in exchange of some sacrifice to do now from every one to save the other.
UK PM Cameron is in a backhanded position: from a side Uk is in European Union,and Europe can not exist without England, from the other he doesn' want to defend it from speculative attacks , he doesn' t want to regulate the wrong rules that block the possibility to tame the markets. He doesn't want a true European harmony with the real possibilty to protect all the EU Nations giving at the same time EU the strenght to compete in the global economy and the insurance that every EU member do his homework to protect a common good .
Britain have to decide a clear position: what Uk want from itself ? If Uk wants to stay in Europe it must defend it with some sacrifice of his economy as 
Germany and France did and yeld some national power for a big new confederated Europe to defend this common roots and thake advantage from it. Otherwise it can stay out, as it is doing now but let's not play against, please. The original sin was to mantain its own currency, and now Uk is not ready to be a modern Eu nation capable to create the European dream, mantain it with all the economic advantages welfare and rights gained by all Eurozone, and remain at the same time a great unique Nation as it is. I know, Who is capable? But Please don't ask anything else as French President Mr Sakozy clearly explain in his conference at the end of this night (WATCH VIDEO) with not a 27 new EU treaty but just a 23 Sovranational treaty ,composed of 17 Eurozone counrtries plus 6 of 10 volunteer countries not in EUzone .This is a great number, hopefully enough to save EU, in opposition of the 4 missing countries leaded by Uk and Ungary that obstruct the creation of a new strongest Eu Treaty.   

COMMENT SENT TO WSJ WallStreetJournal ON 9th dec.2011 (no54)

Nessun commento:

Posta un commento