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NICK CLEGG: WE MUST BAIL OUT EURO

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Nick Clegg came under fire last night by saying Britain must prop up the euro

Saturday July 9,2011

By Martyn Brown

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NICK Clegg came under fire last night by saying Britain must prop up the euro and play a bigger role bailing out debt-stricken nations.

 

Nick Clegg angered critics by insisting Britain’s fortunes were tied to the eurozone.

He said the UK could not stand by while countries like Greece ­teeter on the brink.

Threatening to open up a split in the ­Coalition, he told Euro sceptics to stop “wagging fingers” and “watching from the wings”. Delivering his speech in French in Paris, Mr Clegg said: “Mistakes have been made by countries outside the eurozone and those inside it. As members of the EU, all of our ­economic fortunes are tied.

“The UK, for example, exports more to our eurozone partners than to the US.”

Mr Clegg’s pro-European speech came as David Cameron promised, in a magazine interview, to claw back powers from Brussels.

UKIP leader Nigel Farage said Mr Clegg’s views proved he was out of touch with the British public. He said: “Clegg simply doesn’t get it. In the case of Greece it has become increasingly clear that the country should be allowed to go bankrupt and leave the euro in order to start the slow journey of getting its economy back on track. It is not ‘finger-wagging’ but simply making the point that the euro vanity project is failing.

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The UK, for example, exports more to our eurozone partners than to the US
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Nick Clegg

 

“If Nick Clegg was really in touch with the people in this country he would realise that they are not being ‘triumphalist’ about the eurozone’s critical condition – they have simply had enough of putting their hand in their pockets.”

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