Finally, thanks to the intelligent moves made by Internal Market Commissioner Michel Barnier, the rules of the game have been turned upside down, and David Cameron now finds himself outside mainstream financial Europe, rendering the role of Britain in Europe’s banking matters as marginal.
In this context, it must be added that the crucial error that led to the end of Brussels dominated by the City of London was the withdrawal of the British Conservatives from the European People’s Party ‘EPP), the biggest and most influential political platform in Brussels.
Indeed, only from within the EPP could Tories have successfully lobbied their case – needless to say that any attempt by the British Conservatives to return to the EPP will prove to be a futile exercise, since the Franco-German watchdogs at the gate of Rue de Commerce are standing by and will not allow any further intrusion.
Finally, thanks to the intelligent moves made by Internal Market Commissioner Michel Barnier, the rules of the game have been turned upside down, and David Cameron now finds himself outside mainstream financial Europe, rendering the role of Britain in Europe’s banking matters as marginal.
ReplyDeleteIn this context, it must be added that the crucial error that led to the end of Brussels dominated by the City of London was the withdrawal of the British Conservatives from the European People’s Party ‘EPP), the biggest and most influential political platform in Brussels.
Indeed, only from within the EPP could Tories have successfully lobbied their case – needless to say that any attempt by the British Conservatives to return to the EPP will prove to be a futile exercise, since the Franco-German watchdogs at the gate of Rue de Commerce are standing by and will not allow any further intrusion.