{"id":3089,"date":"2012-06-08T18:34:46","date_gmt":"2012-06-08T17:34:46","guid":{"rendered":"http:\/\/www.jcm.org.uk\/blog\/?p=3089"},"modified":"2012-06-08T18:34:46","modified_gmt":"2012-06-08T17:34:46","slug":"camerons-confusing-approach-to-the-eurocrisis","status":"publish","type":"post","link":"https:\/\/jcm.org.uk\/blog\/2012\/06\/camerons-confusing-approach-to-the-eurocrisis\/","title":{"rendered":"Cameron’s confusing approach to the eurocrisis"},"content":{"rendered":"

Good points raised by the eurosceptic organisation Open Europe’s blog today about the British government’s rather bizarre, contradictory attitude(s?) towards the eurocrisis<\/a>:<\/p>\n

“A German-led superstate still seems years off – if it ever will be agreed (no matter how much other parts of the eurozone or markets might like to see it right now).<\/p>\n

“In contrast, David Cameron last month called for a bigger bailout fund, shared eurozone bonds and a more active monetary policy from the ECB – in other words, the eurozone quickly moving to ‘joint and several liabilities’ with stronger states indefinitely underwriting weaker ones. That would really be a German-led super state. [Nosemonkey note: depending on your definition of ‘super state’…]<\/p>\n

“…the UK government could end up in a rather strange position by sending all these political hares running at the same time. Is it going to veto the same Treaty changes (to establish a fiscal \/ banking union) that it is now effectively calling for? If it’s deemed that these treaty changes de facto transfer powers away from the UK – i.e. by shifting the institutional balance of power towards the eurozone at the UK’s expense – will it then also call a referendum on those treaty changes? What would the question be?<\/p>\n

“This may all work out both in the polls at home and in talks in Europe. But given the unrealistic expectations it raises – and how very difficult it will be to square all these various factors – it may well come back to haunt the Tory leadership, at home as well as abroad.”<\/em><\/p><\/blockquote>\n

David Cameron having an incoherent approach to the EU? This is nothing new, as this post of mine from FOUR YEARS AGO<\/a> makes clear.<\/p>\n","protected":false},"excerpt":{"rendered":"

Good points raised by the eurosceptic organisation Open Europe’s blog today about the British government’s rather bizarre, contradictory attitude(s?) towards the eurocrisis: “A German-led superstate still seems years off – if it ever will be agreed (no matter how much … Continue reading →<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5,12,15],"tags":[],"class_list":["post-3089","post","type-post","status-publish","format-standard","hentry","category-conservatives","category-eu-reform","category-germany"],"_links":{"self":[{"href":"https:\/\/jcm.org.uk\/blog\/wp-json\/wp\/v2\/posts\/3089","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/jcm.org.uk\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/jcm.org.uk\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/jcm.org.uk\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/jcm.org.uk\/blog\/wp-json\/wp\/v2\/comments?post=3089"}],"version-history":[{"count":1,"href":"https:\/\/jcm.org.uk\/blog\/wp-json\/wp\/v2\/posts\/3089\/revisions"}],"predecessor-version":[{"id":3090,"href":"https:\/\/jcm.org.uk\/blog\/wp-json\/wp\/v2\/posts\/3089\/revisions\/3090"}],"wp:attachment":[{"href":"https:\/\/jcm.org.uk\/blog\/wp-json\/wp\/v2\/media?parent=3089"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/jcm.org.uk\/blog\/wp-json\/wp\/v2\/categories?post=3089"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/jcm.org.uk\/blog\/wp-json\/wp\/v2\/tags?post=3089"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}