Sunday 6 January 2013

Cameron, the Pyrrhic Obstructor

The British Prime Minister looked very tense in today's interview to the BBC. The image he projects is that of someone who is losing control of his life. As a politician, he needs to find a scapegoat and focus the voters' attention on an illusion, on a red cape, not on the real problems his government is facing. Cameron is convinced that the EU is the easiest red herring he can find at this stage. He spent quite a bit of his TV time explaining he will not accept any further strengthening of the Euro zone unless Brussels agrees to repatriate "powers" they have taken away from Britain.

Cameron forgets a couple of things. For Germany and other countries the survival of the Euro is the top priority and they will take the measures they deem appropriate, with or without Britain. Secondly, the PM's position encourages those within his party that would like to see the UK out of Europe. They might gain so much momentum that Cameron will not be able to stop them and might even be forced to resign. Thirdly, any reference to a loser link between the UK and the EU sends a very strong signal to investors: UK is not the right place to operate from, if one is interested in expanding one's presence in Europe.

It is not easy to combine immaturity with leadership of a great country such as the UK.  

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