The British government's announcement yesterday, 9 June, that Britain will not be joining the euro any time soon should not have surprised anyone. It should not fool anyone, either. This is not a near miss or a postponement: this is failure.
The collapse of the British government's pro-euro strategy could have been - and in some honourable quarters, was - foreseen from the outset.
"They've got sovereignty, we've got economics," said Britain in Europe's newly appointed campaign d...
Enjoy access to all articles and 25 years of archives, comment and gift articles. Become a member for as low as €1,75 per week.
Already a member? LoginLisbeth founded EUobserver in 2000 and is responsible to the Board for effective strategic leadership, planning and performance. After graduating from the Danish School of Media and Journalism, she worked as a journalist, analyst, and editor for Danish media.
Lisbeth founded EUobserver in 2000 and is responsible to the Board for effective strategic leadership, planning and performance. After graduating from the Danish School of Media and Journalism, she worked as a journalist, analyst, and editor for Danish media.