Douglas Carswell celebrates UK avoiding euro and backing Brexit in brutal Brussels swipe
EU ‘can’t stand Brexit’ says commentator
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The former MP has drawn attention to three pivotal moments in the relationship between the UK and the European Union. The Vote Leave co-founder heaped praise on Britons who held an “unfashionable opinion” of being against the UK joining the euro and in favour of Brexit.
Mr Carswell’s post on Twitter also highlighted an article in the Financial Times which warns of further economic turmoil for the continent.
He wrote: “20 years ago fashionable opinion said join the Euro.
“10 years ago fashionable opinion laughed at the idea of a Brexit referendum.
“4 years ago it sneered at the Brexit vote.
“Thank goodness for unfashionable opinion.”
The UK considered joining the euro at the start of the 21st century under Tony Blair’s New Labour government.
Europe’s single currency was created in 1999 and became widely available three years later.
Gordon Brown served as Chancellor from 1997-2010 and was instrumental in the UK keeping the pound – it later emerged he even threatened to resign from his post if the UK joined the euro.
Former Prime Minister David Cameron promised a referendum on EU membership if the Tories won a majority in the 2015 general election – a feat deemed unlikely for the coalition government at the time.
A referendum on EU membership was subsequently held in 2016 and 17.4 million Britons defied the odds and voted to leave the bloc.
Brexit Britain has now taken full advantage of being freed from the shackles of the bloc and left the EU flustered over the coronavirus vaccine rollout.
The UK has administered more than 27 million vaccinations, to over 50 percent of all UK adults.
Meanwhile, the European Union has inoculated around 10 percent of adults across the 27 member states.
A huge row between the EU and the UK threatens to erupt over the supply of the AstraZeneca COVID-19 jabs, with an export ban being considered.
EU officials are understood to be growing increasingly frustrated at vaccines being sent to the UK from a manufacturing plant in the Netherlands.
European Commission President Ursula von der Leyen has already warned the bloc has the power to “forbid” doses from leaving Europe.
Panic over the vaccine rollout in the EU comes as Europe is braced for a third wave of coronavirus infections.
France, Germany and Italy have already announced an extension to their respective lockdown measures beyond Easter.
The prospect of a third wave has already shattered forecasts for growth across the eurozone.
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Amsterdam-based financial services firm ING predict the eurozone will now contract by 1.5 percent in the first quarter – compared to previous estimates of 0.8 percent.
Carsten Brzeski, head of macro research at ING, said: “Up to now, we had built our eurozone forecasts on the assumptions of gradual easing of the lockdown measures in March.
“Well, we can forget about this.”
Germany is the largest economy in the EU and its central bank warned economic output is now set to decline further.
In its monthly report, the Bundesbank said: “The measures to contain the pandemic are more stringent on average in the current quarter than in the previous one,”
“Therefore, the economic output in the first quarter of 2021 is likely to decline sharply… particularly in the contact-intensive service sectors.”
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