Speech by Lord Owen to Peterhouse Politics Society, Cambridge, Wednesday 22 February 2012
In all the controversy about the eurozone and Greece it is easy to ignore one simple fact: maintaining a core eurozone is creating an unstoppable momentum towards a United States of Europe.
On 7 February 2012 the German Chancellor Angela Merkel indicated very clearly her direction of travel. The eurozone crisis for her is to be the springboard to another Treaty to replace the Lisbon Treaty. She said “Step-by-step, European politics is merging with domestic politics.” She called for “comprehensive structural reform” of the EU with closer integration to overcome what she called “major shortcomings”.
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