For those people already bored with the interminable European question, Radio 4 might get unbearable over the next few months. Yesterday morning the subject was being discussed, in the context of David Cameron’s ‘deal’, and someone from Brussels was explaining that ‘more Europe’ was needed to solve the migrant/refugee crisis.
She never got to explain further what was meant by this, but isn’t it actually the case that the migrant crisis is related to the EU? For example, would Greece face a wave of 62,000 illegal migrants a month were it just an independent country that had its own borders and a government with responsibility towards its citizens?
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David Butterfield
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The inherent weakness of the European financial system is that it has monetary union but not fiscal union; this is the worst of both worlds. It allows individual states to be as reckless and incompetent as they like without bearing the cost alone, which is instead shared: i.e.
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