Friday, October 30, 2009

Europe needs Britain and vice-versa?

A few thoughts on David Miliband's article in Times Online today:

Mr. Miliband: writes that Margaret Thatcher said in 1975 that Europe “opens windows on the world for us that since the war have been closing” and that she was right!

The EU does indeed need British thinking but with a tad different mentality, IMHO!

IMO problem is many Britons feel un-employable and aliens in the Global and Open Britain model

750,000 British companies are trading in the EU Single Market
60% of UK's trade is with the rest of the EU
The UK gets significant Foreign Direct Investment and other forms on inward investment because it acts as a portal for the EU Single Market for Japanese and other third country corporations.

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