Saturday, 19 November 2011

The Referendum On The EU - Europe's Debt Liability

David Cameron is due to meet Angela Merkel today, and it is likely that she will explain to David that Britain does not need a referendum on the EU treaty changes, she will of course know that senior conservatives have been calling for more power to be repatriated to Britain.

This meeting will be tense with the leaders both having their own agenda, a leaked news report discloses that the EU's largest economy is aware of the danger, where other countries have too much debt liability to bail out and effectively would be bankrupt. There is off course talk that perhaps France & Germany will consider a European Premier League state with a select tax and spending area header left in Brussels. What ever happens at the meeting the Prime Minister will hopefully make it clear to Angela Merkel that Germany's reluctance to help Italy and other counties in the Euro Zone would seriously effect the British economy. A ring fencing of each of there countries debt liability and to try and give Indemnity to these debt in a professional way will hopefully be discussed.

Mrs Merkel said she wishes Mr Cameron to have a stronger involvement with other countries when the Euro Zone debt liability crises has been stabilized and to insure indemnity of the 'Euro' is in place.

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