Out of the Eurozone

Anyone who still thinks that joining the Eurozone is not a one-way ticket to loss of sovereignty must have their head stuck so far in the sand it's popping up in New Zealand. EU Council President Herman Van Rompuy, the man responsible for providing the EU's political direction, has made it clear that the single currency is irreversible. So much for Greece being able to bail out. And so much for German posturing about not being responsible for southern Europe's debts. When push comes to shove, as it did last night, preservation of the Euro comes out top and the Eurozone is one step further along the road to political, as well as financial, integration. Which is exactly where Van Rompuy, a fan of global governance, wants it. Calton can feel a Farage-style rant coming on when he considers that this Belgian unknown, who has just been chosen for another 30 month term not by the people of Europe but only by the 27 heads of the EU member states, can wield so much power behind the scenes. If Salmond doesn't want to become a puppet, he will follow the Great Broon's lead and keep well out of the Eurozone.