Today's Eurogroup Finance Ministers Meeting

The crisis in the eurocurrency is a symptom of the collapse of the EU itself and should therefore be properly decided as a political matter by the Council of Europe, are any of the candidates in the UK election really adequate for this task? Eventually, as this blog has always argued Britain may only escape the consequences of the Lisbon Treaty by demonstrating that it was treasonably and therefore illegally ratified - a tough case to prove given Parliament's assent and the Queen's signature. (Although perhaps Magna Carta and the 1688/89 Bill of Rights offer such a chance) A meeting in Brussels this afternoon will discuss the euro currency crisis and I was at first concerned that with the UK in its election run-up it might be ill-served as matters develop, it already having been reported that the ECB has decided to accept Greek Bonds (now officially rated as of junk status) as collateral, such a decision could eventually have implications for the UK as majority voting is possible within the ESCB! The Protocol to the Lisbon Treaty, linked here, makes clear this is an informal body, albeit under the Presidency of a dedicated federalist President from Luxembourg, Jean-Claude Juncker, read here. Following yesterday's demonstrations in Athens and Lisbon, the dangers Europe now faces, all resulting from the blindness to realities and pigheadedness of those involved in the EU project make this a dangerous time for the UK to be effectively leaderless. We must trust that our professional civil servants and the Governor of the Bank of England, Mervyn King, are fully aware and fully briefed on the dangers lurking within the structures of the new EU Institution the ECB and the ESCB. If not some Sunday researches seem advisable!