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Hillary Sillitto's avatar

Why no consideration of the EFTA option? Once we have our own central bank and currency it would give us the fiscal and monetary flexibility we would need to build our regional economy into a national one. It’s impossible to see how this can be done without running a large deficit for strategic and social investment, or else destroying our future by giving all our assets to foreign investors and renting them back. Doing that as aspiring EU members would be seriously constrained if the (non)sustainability and (de)growth pact rules remain anything like they are now.

Richard Norton-Taylor's avatar

A looser confederation, perhaps on the EFTA model, plus close military, security and intelligence cooperation, could be more acceptable and allow Starmer to drop his hyper defensive, terrified of Reform UK, attitude towards the EU. Britain could be a confederation - Belgium, the home of the EU has 3 parliaments...

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