Yes / Every day the news is filled with increasingly depressing news about the economy. The recent Autumn
Statement (29 November 2011) to the House of Commons by UK Chancellor of the Exchequer, George
Osborne, confirmed that the cause of a potential ?double dip? recession in the British economy lay largely
at the doors of the European Union and, in particular, the eurozone. It is easy to understand why some
commentators feel that perhaps the European single currency is in its death-throes, and that the European
Union itself needs major structural revisions. But for the sake of perspective it is important to remember the
underlying rationale behind the ?European project? which remains as relevant today as it did in the 1950s.
| Identifer | oai:union.ndltd.org:BRADFORD/oai:bradscholars.brad.ac.uk:10454/6440 |
| Date | January 2012 |
| Creators | Cohen, I.K., McIntosh, Bryan, Richardson, M-A. |
| Source Sets | Bradford Scholars |
| Language | English |
| Detected Language | English |
| Type | Article, Published version |
| Rights | © 2012 Adam Smith Institute. Reproduced in accordance with the publisher's self-archiving policy. |
| Relation | http://www.adamsmith.org/research/think-pieces/fiscal-and-economic-stability-in-the-eurozone/ |
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