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Two cheers for Brussels

Even pro-European commentators in Britain have been turning against monetary union and questioning the EU's democratic credentials. Charles Grant says that Emu would not have the dire economic consequences they predict and that Brussels institutions are imperfect but reformable

By Charles Grant   October 1996

Britain’s eurosceptics have always opposed “Brussels,” but its Europhiles could be counted upon to defend it. No longer. The tide of Euroscepticism now laps around the feet of many essentially pro-European commentators.

Last November, Will Hutton and Martin Kettle wrote in the Guardian calling for a weaker European parliament. They also argued that Economic and Monetary Union (Emu) would be deflationary and should be scrapped. In June this year, in a Prospect essay, Timothy Garton Ash claimed that Emu would require fiscal harmonisation and political union, and therefore should be abandoned. And in the same month, Andrew Marr, in a…

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