Prodi: EU isolationism heralds 'grave difficulties' for Britain

EurActiv ^ | 24 October 2012

[Olog-hai]

In a wide-ranging interview with EurActiv.de, Romano Prodi, former European Commission President, says moves towards a two-speed European Union were now well underway. Regarding the UK's disengagement from Europe, his assessment is simple: Britain will lose influence and eventually face "grave difficulties".

Prodi, who served as Commission president from 1999 to 2004, said the European Central Bank's intervention on sovereign bond markets as well as recent decisions on banking union had put the eurozone back into safe territory. "The danger of breakup is not on the table anymore," Prodi told EurActiv Germany in an interview.

However, he appeared concerned about Britain's future in the European Union, saying the country had become "more peripheral towards Brussels" as it gradually disengages from Europe and doggedly pursues an EU agenda focused almost exclusively on budget cuts. …

[Olog-hai]

Romano Prodi, another Eurocrook who openly said that the only reason for the euro’s existence was to create a crisis that would force member states to give up their sovereignty to a central authority. Notice the nature of the EU, getting into threatening behavior when someone doesn’t toe the line.

[cripplecreek]

My money is on the Brits especially if the USA takes advantage of them as trading partners.

[Reverend Wright]

“The danger of breakup is not on the table anymore,” Prodi told EurActiv Germany in an interview.”

check back in a year to see how accurate this euro-joker’s forecast turns out to be...

my guess is that the UK gave up a berth on the Titanic.

[GeronL]

The EU wants to be the next USSR

[RetiredTexasVet]

Anyone that believes this story should rush out and buy some of those Greek, Spanish, Portuguese, etc. government bonds.

[Sir Francis Dashwood]

Back in the EU
Back in the EU
Back in the EUSSR

Well, those great debts really knock me out
They kick the West’s behind
See Angela’s blubbery cellulite hanging out
That EU troika is always on my mi, mi, mi, mi, mind

[GeronL]

So, their back-up, back-up plan is just to abrogate their debts, right? That should reassure the peasants. /not