Britain on the sidelines of the new union

More than a decade ago, when the Euro was first introduced, it was like a fairy tale finally coming true. There were skeptics a the time, but majoriyt of us liked a modern day fairy tale and the idea of belonging to a big united family on this vast and diverse continent.

I remember Euro had a shaky start, but soon it gained more and more popularity. For years, I had wondered why some countries like UK, Sweden and Denmark had dragged their feet on this. The benefits seem to be obvious.

Now Euro, the very foundation of this economic union is on the brink of collapse, we suddently discovered that this single currency and united fiscal and financial policy was more of a dream than reality. Countries on this continent might have a long history of interactions (particularly through the monarchys)but we are still very different individuals with distinctive objectives for our own nations.

This new treaty provides a new platform for EU, this seems to be logic choice and long overdue review. Britain, not surprisingly decided to opt out of this. I think time will tell if this will be a wise move. We are a proud nation and our love affair with Europe has always been cold and warm throughout the years. Now our neighbours house is on fire, the decisions we make today will obviously have a long team effect on our relationship with them.