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As usual, we are only looking at economic factors, and not national interests and strategies.

Whether the UK is in accord with Euro economics or not, the EU is also a union that allows countries to veto policies that go against their national interests quite apart from economics. For that reason alone, the UK has good reason to insist on the 27.

by Upstate NY on Fri Dec 9th, 2011 at 09:34:29 AM EST
[ Parent ]
On that basis alone, every one of the EU's 27 nations could find a red-line issue where EU policy goes against national interests. Without breaking a sweat.

But for the leaders of 26 of the nations, whether or not they genuinely adhere to the EU project, it comes down to whether a veto is worth the price.

The difference is that the UK has a history of getting away with vetos, without paying any price.

It is rightly acknowledged that people of faith have no monopoly of virtue - Queen Elizabeth II

by eurogreen on Fri Dec 9th, 2011 at 09:51:04 AM EST
[ Parent ]
Oh, I am not saying they are justified. I am simply noting that the question of the UK's participation is not simply an economic one.
by Upstate NY on Fri Dec 9th, 2011 at 10:02:18 AM EST
[ Parent ]

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