Eurosceptics will regret getting what they wished for.

Germany: The one country that the EU needs more than it needs the EU.

Germany: The one country that the EU needs more than it needs the EU.

Eurosceptics in Ireland and the UK seem to be delighting in the fact that Germany (as mentioned in the WSJ here) may be rapidly losing patience with the Euro and the EU generally. There is talk of a return to the Deutschmark, and if the Euro goes, surely the EU as a project will find itself beached.

But what fascinates me is this: Eurosceptics have always alluded to the idea of a united Europe dominated by France and Germnay and an EU elite. So, supposing that the European project does fail, and the EU disintegrates. Supposing Germany decides to cast off the shackles of the EU and stand as a free, totally independent nation once again. Should we be afraid? Not in a Dad’s Army type way. Modern Germany is a solid democratic nation which does not have imperial designs. But it is also the economic superpower of the region, and so a Chancellor in Berlin is the effective boss of Europe in the same way that the President of the United States is the de facto leader of the Americas. A German chancellor, free from the constraints of the EU consultation process, can just make decisions which, by sheer economic heft, most other European countries will have to accept. If Germany, the biggest market in Europe, decides that all widgets are to be 28mm, then we are all in the 28mm widget business whether we like it or not. At least in the EU we get asked. Is that what we really want? We can have a European Germany which consults, or else live in a German Europe. That’s the choice.         

2 thoughts on “Eurosceptics will regret getting what they wished for.

  1. It wasn’t market demand that took lead out of petrol, or made car manufacturers fit seatbelts as standard, or made mobile phone companies standardise chargers. Reality 101.

  2. Again,

    up to a point Lord Copper.

    Market demand for widgets will decide on the specification, not the producer.
    (Economics 101).

    Noting that the local guvmint empowered by Brussels to act on its behalf in Ireland is rushing through the legislation that allows the highly indebted country to make an apparently profitable loan to Greece as part of the Eurozone rescue package, it is perhaps ironic that the Intercreditor Agreement signed between the Eurozone countries (excluding Greece) that governs the overall loan is governed by and shall be construed in accordance with English law.

    Thus, as with the day-to-day operating language of the Eurozone, when it came time to need a legal architecture for an agreement among the countries, it is supplied by its most prominent non-member……….

    Good luck & goodnight !

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