Lord Mandelson triggered incredulity last night by insisting Britain should join the euro – just as the currency struggled with the worst crisis in its history.Which is extraordinary. The last man in Britain that thinks this is a sane objective. But there again he is in receipt of a Commissioners pension of 70,000 Euros a year. To keep which he must “upholding the interests of the European Union”.
The Business Secretary played down turmoil in the eurozone by claiming the single currency had been a ‘remarkable success’ and said it was in Britain’s long term interests to sign up in the future.
What is more with the increasing certainty of a slide in the Euro value, even against our debauched pound then he needs to talk up the tottering currency just to keep him in the manner to which he has become ermined.