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France plots eurozone ‘breakaway group’
Posted By admin On November 11, 2011 @ 4:26 am In World News | Comments Disabled
London Telegraph 
November 11, 2011
France is drawing up plans to create a breakaway organisation of eurozone countries with its own treaty, parliament and headquarters – a move that could significantly undermine the existing European Union.
The proposal would see a formal “union within a union” created, but would lead to a significant deterioration in Britain’s influence in Europe.
David Cameron is drawing up urgent plans to stop Britain being “railroaded” into agreeing to decisions taken by the new eurozone bloc.
France and Germany are understood to want to strengthen the union between eurozone countries with new taxes and legal measures to stop nations borrowing and spending too much in future.
Weaker countries such as Greece could even be barred from the new eurozone, under radical suggestions from some of those involved in discussions over the plan.
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URLs in this post:
 London Telegraph: http://www.telegraph.co.uk/finance/financialcrisis/8882643/France-plots-eurozone-breakaway-group.html
 Eurozone back on the brink as France has credit rating downgraded: http://www.prisonplanet.com/sp-downgrade-of-france-others-imminent-reports.html
 Report: France & Germany Begin Talks To Break Up Eurozone: http://www.prisonplanet.com/report-france-germany-begin-talks-to-break-up-eurozone.html
 Out Of The Ashes Of The Collapse Of The Eurozone Will A “United States Of Europe” Arise?: http://www.prisonplanet.com/out-of-the-ashes-of-the-collapse-of-the-eurozone-will-a-united-states-of-europe-arise.html
 Eurozone debt crisis could rip E.U. apart: officials: http://www.prisonplanet.com/eurozone-debt-crisis-could-rip-e-u-apart-officials.html
 Eurozone split ‘would destroy single market’: http://www.prisonplanet.com/eurozone-split-would-destroy-single-market%e2%80%99.html
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