Pound for Pound, we’re better off out of the Euro

The terrible violence in Greece brings home to us, if anyone was in any doubt, just how serious the global economic problems are.

Coupled with yet more bad news from the High Street in the UK – where more big names are facing oblivion – it makes for a pretty bleak outlook.

Some people may take the Little Islander view of ‘oh well, I’ll avoid Greece when choosing my holiday, then.’

But the fact is that the repercussions of allowing Greece to effectively go bust would be felt across the whole of Europe.

Thus, decisions taken in the coming days will affect us here in the UK – whether we like it or not.

By the same token, however, I’d rather be a UK citizen right now than a German national, for example.

The simple fact that we are not part of the ‘Euro-zone’ affords Britain a measure of protection from this perfect storm of economic chaos.

I’ve never been a fan of the Euro or the fundamentally-flawed attempt to suck all the countries of the continent into one amorphous blob – thereby diluting our heritage and afflicting us with the many disadvantages of other countries.

Let’s face it: As my late colleague John Abberley was oft known to state – the EU is corrupt and unaccountable.

We, here in Britain, get far less out of it than we actually put in.

It’s no wonder all those Euro-sceptics who fought so hard against the creation of a single European currency, are now saying ‘I told you so’.

Pound for Pound, we are certainly better off out of the Euro.


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