Janice Atkinson-Small
Dire growth warnings are being issued by the EU with 0.5 per cent growth expected in the eurozone next year.
Dire growth warnings are being issued by the EU with 0.5 per cent growth expected in the eurozone next year.
With fears that the euro could collapse altogether, Business Secretary Vince Cable said that such an outcome would unleash an 'Armageddon scenario' that would drag British banks down as well.
This is the man that would have taken us into the euro so we should take everything he says with a pinch of salt.
An 'Armageddon scenario': Vince Cable is the man that would have taken us into the euro so we should take everything he says with a pinch of salt.
With EU leaders paralysed by inaction and still plugged in and sucking from the euro life-support system, EU Commission president Jose Manuel Barroso made the barely credible statement that all EU countries, including Britain, should now join the single currency.
'All EU states should have the euro as its currency,' he said. Again, a pinch of salt.