ECB Draghi Admits EU May Breakup For First Time


Davos Exposing #EU’s Date with Destiny

 
The EU Parliament elected a new speaker last week in an unusually hotly contested vote that could strengthen Euroskeptic forces at a time when the EU faces Brexit and questions about its future role. Meanwhile, Europe’s leaders were going at each other’s throats in Davos as the dispute over how to stop the EU from collapsing exposed divisions that are deep within Europe following the British withdrawal.
 
Dutch Prime Minister Mark Rutte lashed out at the whole idea of a single federalized government for Europe. “The whole idea of an ever-closer Europe has gone, it’s buried,” Rutte said. A single government ending European wars has been a highly dangerous romantic fantasy. What they fail to comprehend is that one government will fan the flames of division. Rutte continued his warning, “The fastest way to dismantle the EU is to continue talking about a step-by-step move towards some sort of superstate.”
 
 

Draghi Admits EU May Breakup For First Time

draghai-euro-crisis
For the first time, the head of the European Central Bank, Mario Draghi, has conceded the possibility that the EU may fall apart. Draghi came out and said that any member leaving the Eurozone would need to settle its claims or debts with the bloc’s payments system before severing ties. This statement reveals the heated discussion at Davos and the rift that is beginning to spread. This statement, released on Friday, was made in a letter to two Italian lawmakers in the European Parliament.
 
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