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IPFS News Link • Economy - International



BRITAIN will soon be forced to scrap the pound and join the euro, one of Germany’s most senior figures said yesterday.

In a chilling threat to UK sovereignty, German finance minister Wolfgang Schauble predicted that all Europe would one day use the single currency. “It will happen perhaps faster than some in the British Isles currently believe,” he said.

His sinister warning followed the emergence of a secret German plan to build a powerful new economic government for the eurozone and block an EU referendum in Britain.

A leaked German foreign ministry memo detailed plans for a new European Monetary Fund. It also claimed the EU’s treaty could be altered to centralise more power without triggering a vote.

In a further sign of growing German supremacy within the EU, David Cameron was yesterday rebuffed by Chancellor Angela Merkel in talks over how to tackle the euro crisis.

Last night British opponents of the EU were horrified by the bellicose threat to Britain’s economic independence.
 Tory MP Peter Bone said: “I would be happy to have a bet with the German finance minister that the euro will disappear before the pound. It is a completely absurd suggestion that will never happen.”

Fellow Tory backbencher Douglas Carswell said: “It is a tragedy that a continent of millions of hard-working people is run by clowns like this.”

And UK Independence Party leader Nigel Farage said: “This German bullying is deeply unpleasant and the sooner we leave the EU the better.”

1 Comments in Response to

Comment by PureTrust
Entered on:

Consider what is being done by German minister Schauble. It's the same thing being done by many fear mongers.

When you suggest something that can cause fear and anger and even terror, you undermine the faith of some. And it is this undermining of faith that starts the feared thing to move towards reality. If Schauble were secure in his belief that the Pound would collapse, he would be better off not to state it. Why? Because stating it just might cause a change that would strengthen the Pound. As it is, his statement is one for starting fear among people. There is little strength to his statement.

Freedom will reign because the people are starting to wake up to the fear factor, and how it is being used as a tool against them by those in Government. How does that old saying go? There is nothing to fear but fear itself.