Re: EU £200BN deficit budget CRISIS

UK could have left before Article 50 became law.

Re: EU £200BN deficit budget CRISIS

Drafted by John Kerr, a former British ambassador to the EU who was secretary-general of a Convention on the Future of Europe, it was proposed by former French President Valery Giscard d'Estaing, who chaired the conclave that drew up a proposed Constitution for Europe.

Giscard told the Italian newspaper Corriere della Sera this week he had wanted to remove "the fear, above all Anglo-Saxon, that the European Union was a sort of prison that you could never leave once you had entered it."

Kerr, now a member of Britain's House of Lords, told Reuters the aim had also been to counter media propaganda depicting Britain as trapped on a conveyor belt to a European superstate.

"We wanted to defuse the canard that you are tied to the EU, with no way out, proceeding to an unknown destination," he said.

In reality, a country could have left even before the legal option was incorporated into the treaty, he said, but the clause created an orderly process for the first time.

Elmar Brok, a German conservative,"If a member state wanted to leave the EU, there were other ways. It didn't require a special article. "

Re: EU £200BN deficit budget CRISIS

I don't know much about this but it seems a quite modest debt for an organisation comprising 28 countries.

Isn't the UK debt alone over £1Trillion?

€200billion seems like small change in comparison.

Sounds like it was a slow news day.

Re: EU £200BN deficit budget CRISIS

http://www.express.co.uk/news/uk/788...opean-union-EU

Look who's at the top of the list. What a surprise!

Re: EU £200BN deficit budget CRISIS

What does that map have to do with debt?