From another outside view, Britian is wishing to maintain is national sovereignty and control over its own destiny. It has seen the traps laid before it, such as what Greece and Cyprus have fell into: Keep receiving bailouts (which momentarily keep the riots at bay) in exchange for piece-by-piece control over every inch of your economy by waiving jursditcion and handing it over to the troika. Sadly, this also is not a permanent solution as it will still cause the economy to crash, and even harder.
On the eve of the British PM’s much-anticipated speech on Britain’s EU membership, the Brussels correspondent of Greek daily I Kathimerini says that, no matter what David Cameron may say in Amsterdam, Britain has already cut itself loose.
To an outsider here in Brussels, Britain’s stance toward Europe is utterly incomprehensible. Continue reading