Britain and EU close to point of no return

There’s no knowing how and where it will all end. But it is clear with every week that passes in Europe’s biggest crisis that Britain and the rest of the EU are heading in starkly different directions.

Last week the European commission signed up to the German blueprint, while unveiling problematic EU legislation making the European Central Bank the policeman of the eurozone banking sector. Britain will have no part of that, either.

On Tuesday the German foreign ministry extended the federalising economic policy-making to foreign and defence, along with 10 other EU foreign ministries carefully chosen to reflect the non-UK EU mainstream – small countries, big countries, single currency members and those outside the euro, core western states and newer east European countries. The likelihood is that the 11-country consensus will swell into a majority among the EU’s 27. Britain also stands apart from this. The 11 include Germany and France, the big ones, plus Italy, Spain and Poland – after Britain the biggest EU countries.

Full article: Britain and EU close to point of no return (Presseurop)