Victory at last for Uk Eurosceptics
That the European Union is in crisis is no longer news, but the major question that seems to be on the lips of many is whether this is the time for Britain to divorce herself from the unconsummated marriage it is having with the union.
The triumph of UKIP at the recent Eastleigh by-election has revealed that Britain is beginning to bring its stance on the EU in the open, but in view of the recent economic developments and predictions for Greece which spells doom for the Eurozone, who can blame her?
The Eurozone is made up of 17 member states of the European Union that has adopted the Euro as their currency, and uses the European Central Bank to administer its monetary policy.
But economists have expressed fears that the recent bale-out of Greece by the institution may be fruitless after all due their low GDP and 27% unemployment rate.
The European Union is the economic and political union of 27 member states that are located primarily in Europe, dreamed up by the founding fathers some of whom were; Jean Monnet of France, Robert Schumann also from France and Konrad Adenauer of Germany to create a peaceful, united and prosperous Europe.
A vision though first desired by Churchill who advocated for a United States of Europe has since inception produced an ‘aloof’ Britain, considering it never adopted the Euro as its currency and established a strong Eurosceptics view over the years.
The financial crisis in Eurozone member states like Spain and Greece of which the European Central Bank had to bale-out seemed to be reaffirming the skepticisms of eurosceptics in the Tory Fresh Start group.
The fresh start project works with MPs of the various parties, think tanks, interest groups, Lords etcetera, to examine the options for a new UK-EU relationship. Most especially British repatriation of powers from the EU in order to resist the loss of its national sovereignty by being a part of a superstate.
The recent exchange between the German opposition leader who described the Italian election as a bunch of clowns, of which the Italian president protested at by canceling scheduled talks, has put the future of Eurozone in jeopardy.
All now eagerly awaits the display of fireworks at the EU Summit later this month, where the heads of the government of member states and there foreign ministers all meet.