Article 1FM0E Relax, Britain – you can hate the eurozone and still vote remain | Guy Verhofstadt

Relax, Britain – you can hate the eurozone and still vote remain | Guy Verhofstadt

by
Guy Verhofstadt
from on (#1FM0E)
Story ImageI was there during David Cameron's renegotiation, and it's clear to me that Britain has secured binding guarantees on bailing out the eurozone

Having lost the economic arguments for leaving the European Union, Britain's increasingly desperate leave campaign seems set on peddling a number of apocalyptic myths about the consequences of a vote to remain. It is more risky to stay in the European Union than it would be to leave, claim the Brexiters. But what are the likely risks of staying in the EU for Britain and how seriously should British voters take them?

One of the central arguments used by Ukip and some Conservatives is that Britain should leave because of the economic risks of being "chained to the corpse of the eurozone". I find this disingenuous, given that four of the most advanced global economies represented in the G7, including the UK, are EU member states.

Related: Osborne attacks Vote Leave 'fantasy economics' after call to axe fuel VAT

Continue reading...
External Content
Source RSS or Atom Feed
Feed Location http://feeds.theguardian.com/theguardian/business/economics/rss
Feed Title
Feed Link http://feeds.theguardian.com/
Reply 0 comments