The euro: not the Titanic, but Chernobyl

By Bagehot

NOBODY mentioned the Titanic, at least not when I was listening from the press gallery of the House of Commons. Your blogger headed to Parliament to hear David Cameron explain to MPs his decision to reject proposed changes to the European Union treaties, forcing the countries that share the euro to aim, instead, for a pact among themselves outside the EU’s main structures.

Reuse this content