Open warfare erupted between Gordon Brown and Tony Blair last night over axing the Pound
Published:
14 May 2003 y., Wednesday
The Chancellor monstered the sickly eurozone in a bid to kill off the PM’s dream of joining the single currency within the next few years.
Downing Street unleashed pro-euro ministers to rein Mr Brown in — but he hit back by threatening to appeal over the PM’s head to millions of voters to save Sterling. The Chancellor also revealed their battle will go to the wire by saying his five tests on whether Britain should sign up will now be announced at the latest date possible, in the first week in June.
Mr Brown used a GMTV interview to blast the eurozone as doomed — with 15 million on the dole and slow economic growth — without key reforms.
He vowed to build alliances with new EU countries such as Poland, Hungary and the Czech Republic to tear up the “old Europe” economic model.
Mr Brown said archaic labour laws, huge union power and heavy state intervention were plunging Germany back to recession and risked crippling France, Italy and Spain.
Šaltinis:
thesun.co.uk
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.
The most popular articles
New rules for the EU's single market will make it easier to live and do business anywhere in Europe.
more »
MEPs were disappointed that the Commission's EU budget review document had not sought the radical revision that the EU needs, they told Budgets Commissioner Janusz Lewandowski in a Policy Challenges Committee debate on Thursday.
more »
On 25 October, the Commission adopted the decision to financially support the 2011 electoral process in the Central African Republic.
more »
New EU framework for crisis management in the financial sector for managing problems before they spiral out of control.
more »
The financial crisis laid bare the limits of self-regulation, demonstrating the need for strong EU economic governance, surveillance and policy co-ordination, say two non-legislative resolutions voted by Parliament on Wednesday.
more »
The European Commission has approved an application from Germany for assistance from the European Globalisation adjustment Fund (EGF).
more »
Global and EU- level taxes on financial sector would help to fund international challenges such as development or climate change and fix the fallout from the global economic crisis.
more »
The European Investment Bank and African Development Bank today agreed to provide EUR 45m to design, build and operate onshore wind farms on four islands in the Cape Verde archipelago.
more »
MEPs want future EU budgets to accommodate new policy priorities as well as negotiations on new sources of financing.
more »
The European Parliament's Budgets Committee on Monday backed EU funding for 3,731 workers in Portugal, the Netherlands, Spain and Denmark who were made redundant due to the closure of their companies.
more »