It’s time HMG owned up. The man supposed to make monetary union work is neither French nor German. He is English, and his name is Sir Nigel Wicks.
Wicks chairs the EU’s monetary committee, a secretive panel of central bankers and national treasury officials which jets into Brussels once a month. Their job is to make Emu fly, and few are pushing harder than our Sir Nigel, a former private secretary to Margaret Thatcher.
Since he took over from Jean-Claude Trichet, the intellectual fop who runs the Bank of France, Wicks has steered work on all the big Emu issues…
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