Could coming EU implosion explode Britain's Coalition?

French President Nicolas Sarkozy and Spanish Prime Minister Zapatero are in complete agreement on the implementation of  European economic governance and stronger convergence among euro zone economies, according to Reuters, read here.

Well bully for them! But where does that leave Germany with its splitting coalition government, its constitutional challenge by Professor Markus Kerber and his colleagues , not to mention the long-suffering and soon to be leg-ironed German taxpayers? Normally the Benelux countries and Italy would be factors to also be considered at such a point, but with the Netherlands and Belgium on the point of disintegration and Italy embroiled in yet another sex scandal surrounding Prime Minister Berlusconi, they have rendered themselves temporarily irrelevant. With Putin about to re-appear in full charge of Russia, centuries old european fault lines are thus discernible, what then of Britain, as in Gladstone's well-used phrase, the "Concert of Europe" looks set to resume? 

Thus far the EU has been viewed in British political circles as a danger only in terms of the entirely neutered euro-sceptic wing of the Conservative portion of the coalition. The slavering, eu-fanatical and EU cash dependent Liberal Democrats, under the leadership of former eurocrat and future EU pensioner Nick Clegg, with his Commisseriat background, Russian, Dutch and Spanish family connections is likely to push for the present policies of France and Spain. Prime Minister Cameron, however, completely under the control of the assassin of Maggie Thatcher, (whom this blog has dubbed Von Heseltine), will undoubtedly be found on the opposite side. Methinks earlier British statesman would now pull back to watch which way events unfolded.

A clue to how those may develop came last evening on Jeff Randall Live, from Sky News during an interview with Michael Noonan, Treasury spokesman for the opposition Fine Gael party, who contradictorily stated that he was both in favour of passing the EU/IMF rescue bill this week but would run in the coming election on reducing the interest rates on the loans and enforce a "co-ordinated default" implying that not just Irish Sovereign debt would thereby be involved. We must see what the markets make of that remark as the week progresses. In Ireland, will the only party running on a straightforwrd economic policy be Sinn Fein? What times we live through eh?

Tonight President Obama will address the Congress on the state of the US Union, no need for such from any of the three EU Presidents, the EU state of the Union may be summarised in one simple word - "desperate".