Reality check: Merkel et al finally realised it was time they stopped badmouthing Greece to the German people. Time the UK elites stop doing the same with the EU/Brussels to the UK voters, if they realise this:
With a Euro in crisis, the UK may be able to market itself on its own merits to world investors (as opposed to as a gate to the EU Single Market until now) but, if the EU/Europlus pull off some kind of political union step forward, then where will that leave a non-EU UK in the world investors' map?
Those who sow wind, reap storms. Merkel realised that. Cameron and Hague know it too. But do they have the long term interest of the UK at heart to try and possibly pay the price of telling the British people the truth re "Europe"? Or maybe they do not have confidence in their ability to influence UK media and public opinion the way Merkel?
More analysis on this topic and strategic implications available upon request.