MP says sovereignty safeguards required
Yesterday in the House of Commons, the Chancellor of the Exchequer, Rt Hon George Osborne MP, gave a statement about the Greek financial crisis.
In the House of Commons, John asked,
“Given that Eurozone growth rates are well below global growth rates, and that unemployment rates are much higher – largely caused by the drive towards economic and political union – what cast-iron safeguards are we negotiating to ensure that we retain our sovereignty such that we do not get drawn into this ever-closer union?”
The Chancellor responded that the Government’s EU renegotiation strategy is addressing Britain’s involvement in the ‘ever-closer union’, and that more broadly it was important for Europe to become a competitive place in which to do business.
Afterwards, John said,
“European leaders believe the solution to the Eurozone crisis is increased fiscal and political integration, which is not what we want in Britain. A key element of the Government’s renegotiation strategy must be to ensure we have the ability to say ‘no’ to unwanted EU regulation or taxes.”