Britain will have to abandon the pound and join the single currency “faster than people think”, Germany’s finance minister has said.
Wolfgang Schäuble said that, despite the current crisis in the eurozone, the euro will ultimately emerge as the common currency of the entire European Union. He said he “respects” Britain’s decision to keep the pound, but insisted that the survival and eventual stabilisation of the euro will convince non-members to join the currency club. “This may happen more quickly than some people in the British Isles currently believe,” he added.
Mr Schäuble also said Germany will stand firm on its call for a financial transaction tax that Britain believes would badly harm the City of London
OZHOUSE EDITOR – I have no doubt Britain will join eventually. The chaos has been created to bring in the solution – Intellectual elite and world banker takeover. You are merely proletarius and that means you may as well be cattle. They want to bypass democracy because you would never vote for your own dictatorship if you knew it was on the cards.