The critical thing for eurozoners to understand is that the United Kingdom is an exceptional power, not prepared to sacrifice its sovereignty.
A single European federal state including Britain is not compatible with British sovereignty. Photos: Getty Images In September 1946 Winston Churchill announced that it would require an “act of faith” to save Europe from “infinite misery and indeed from final doom”. Only the creation of a “kind of United States of Europe”, he argued, would rescue the continent from further chaos. He was speaking, of course, in the immediate aftermath of the Second World War. The European situation …read more
Source: New Statesman