- WILLIAM HAGUE CONDEMNS EURO ‘FOLLY’ (Express, Sep. 29, 2011):
WILLIAM Hague risked breaking Coalition ranks over Europe yesterday by condemning the crumbling euro as a “historical monument to collective folly”.
The Foreign Secretary suggested that the crisis-hit currency was doomed and called for Britain to grab more powers back from Brussels.
And he acknowledged that the crisis had vindicated his opposition to Britain joining the euro when he was Tory leader a decade ago.
Mr Hague told the Spectator magazine: “It was folly to create this system, it will be written about for centuries as a kind of historical monument to collective folly. But it’s there and we have to deal with it.”
He went on to suggest there was little hope of easing the euro crisis by allowing the Greek government to default on some of its debts in an “orderly” manner.
- Euro Is ‘Burning Building With No Exits,’ Hague Tells Spectator (Bloomberg, Sep. 28, 2011)
- Hague says euro ‘burning building’ claim correct (Financial Times, , Sep. 28, 2011)
- Euro IS a burning building with no exits, says Hague as his warning of 13 years ago is proved right (Daily Mail, Sep. 30, 2011):
William Hague today compares the euro to a ‘burning building with no exits’ as he warns that Europe threatens to become a ‘dividing line’ in the Coalition.
Tags: Economy, EU, Euro, Europe, Global News, Government, Society, U.K., William Hague




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