Monday, December 19, 2011

British Veto and the future of the country in EU.

http://www.telegraph.co.uk/finance/debt-crisis-live/8944990/EU-treaty-and-debt-crisis-as-it-happened-December-9-2011.html
British PM David Cameron, has vetoed recently a suggested new E.U. treaty to heal the euro and save the euro-zone.

While all other 26 heads of states agreed to at least sit on the table and negotiate the treaty, Britain chose once more to show its true feelings about the single currency.

It is not the only country that had objections, as Hungary, the Czech Republic, Sweden and others were also skeptical. Yet they are the ones who refused to at least negotiate.

Understandably, the plan that the "Merkozy" duo is promoting might not be ideal for all countries. But at least this is the first move from our leaders to tackle the crisis, after a long time. Besides, each state individually can negotiate the proposal, to safeguard its interests.

Despite all, the U.K. chose to isolate itself within E.U. The result from Mr. Cameron's "NO" had deep impact both at home, throughout Europe and the U.S.A. Deputy PM Nick Clegg and many other pro-European politicians, were obviously unhappy. In addition, the current coalition forming the British Government between the Conservatives and the Liberals, showed its first serious cracks.

An open war of words took place between the British and the French, with French President Nicolas Sarkozy criticizing Mr Cameron and accusing him of being like an "obstinate kid". Even the Americans seemed surprised while Ireland, a country that is hugely involved in the British market, is planing to start talks with their larger neighbors "within weeks." Possibly to persuade the British Government relax their position.

Thus the argument the Tories are trying to win for the past few years, of Britain leaving the EU is back on the agenda. They are pushing the British government to give the public a referendum on EU membership, that most likely will be lost under the current crisis in Europe. Subsequently forcing the UK outside the EU.

As result the UK is going to follow Norway's example. Hence, the most important impact it will have on their country, is losing their seats in the European Parliament (EP) and their EU Commissioner.

While Norway is outside the EU, it still has to adopt a large part of EU law and legislation, as part of their EEA (European Economic Agreement) membership, plus contribute to the EU budget.

But they have no say on how these laws are shaped, as they have no seats in the EP and no Commissioner to promote their interests. Norway has failed in giving its citizens a voice in legislation that affects them directly.

They do pay less than if they were a full member, but as they are an oil rich nation it would not matter much if they paid more. In other words, in order to lower their payments towards the EU, Norway prefers to deprive its people's influence in Europe.

However in Britain's case, things are more complicated. With its nearly 60 million population Britain is one of the most populous countries in EU. They have the most seats in the EP together with France and Germany, so their citizens have a significant say in European affairs.

Historically, Britain always wanted influence in Europe. They repeatedly got involved in European affairs, wars and politics. Europe is too big and too near for Britain to ignore it.

Sadly just like the Norwegians and the Icelanders are victims of a very powerful fishing lobby, the Brits are victims of their capital; the City of London and its financial sector. The people do not gain much out of the policies this sector promotes, unlike the country's banks.

The City of London is a part of the matrix of banks, the markets and the rating agencies, that have lately caused so much grief in many parts of Europe. The British Government is trying desperately to secure their privileges, to the detriment of the ordinary people of Britain and Europe.

The stiff refusal of the British Government to support the euro-zone, shows that they have different plans for the common currency and the EU.

With British media brainwashing and misinforming the British public for decades, it is no wonder that the public have a very different view on how things work within EU. The whole situation, reminds of the usual power struggles between the main three European powers and the interests of their elites.

It is a pity that the whole country has been taken hostage of the interests of the few. But in the end, democracy has to prevail, if the wish of the British public is for their country to leave the EU. Hopefully they will realize that they are doing their country no favors, by standing with the interests of the rich elites.

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