The post you are reporting:
"The UK is closer to joining the Euro than ever before" says Mr Barroso the EU President. He said he has had secret meetings with a number of leading politicians here in the UK who are talking positively about joining. This could well be true, although Downing St are denying it.
A few years back we had a powerful momentum going re joining the Euro. Tony Blair was on the crest of a wave, winning election after election, and he seemed unstoppable and this idea of joining the single european currency seemed equally unstoppable. Blair was keen. Labour was keen. The Libdems were keen. The Euro was on the cards for real. Then the Iraq War happened, and our focus and thoughts went elsewhere. The aftermath of the War went badly and Tony Blairs's popularity fell off a cliff. The idea was shelved.
But now with the pound dangling on the edge of the same cliff Tony Blair went over, the Euro is back on the cards. The European currency is strong and stable and the view is that we would have weathered the recession much better if we had the Euro as our currency. Sterling has not been helped by politicians talking it down and now it is so weak that it is affecting our economy in a hugely negative way.
The time will come, surely before too long now, when the world will be reshaped into great blocks of financial power. India, China, the USA, and of course Europe. There will be no room for weak little currencies in offshore isles dangling on that ever precipice of a daily uncertain hell, users weak and vulnerable in the too and fro of global trends. We need stability and strength. Might is always right.