Friday, 23 October 2015

EU dream is FALLING APART: Juncker admits eurozone nations face chaos and economic decline

THE European Union's "dream" of integration is falling apart and member states face economic decline, a senior official has admitted.

Jean-Claude JunckerGETTY
European Commission president Jean-Claude Juncker speaking last year
Jean-Claude Juncker said the EU is "not going very well" and will soon be eclipsed by booming economies and population growth elsewhere.
The European Commission president said: "Economically, we see the end of Europe's glorious years compared with what others are doing."
Mr Juncker also blasted national leaders for threatening the "love affair" of integration because they "do not love" each other enough.
He said: "The European Union is not going very well. And so we must ensure that we keep alive the ambitions, hopes and dreams of Europe."
European UnionAFP•GETTY
He also suggested EU member states face economic chaos
The EU will soon represent just 15 per cent of worldwide gross domestic product as other countries enjoy economic growth, according to recent projections.
And David Cameron recently urged Britain to grab opportunities to trade with Asian markets instead of relying on fellow EU member states.
He said: "For too long, Britain has seen the weather-vane pointing to these far-flung lands, but continued to rely on our European neighbours for trade and investment."
David CameronAFP•GETTY
David Cameron has promised to hold a referendum on Britain's EU membership
But Mr Juncker claimed the problems faced by Brussels underline the need for member states to "stay together".
Speaking in Madrid, Juncker said: "The time has not arrived for us to redivide the national leagues and classes."
Nigel Farage and Jean-Claude JunckerAFP•GETTY
Nigel Farage shares a joke with Mr Juncker in Strasbourg

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