Vince Cable: Europe could be Plunged into War if Euro Collapses!
- Vince Cable: Europe could be plunged into war if Euro collapses!
by Rosa Prince, http://www.telegraph.co.uk/
Vince Cable has warned that Europe could be plunged into war if the crisis in the eurozone results in the collapse of the currency.
The Liberal Democrat Business Secretary said that the potential consequences of the failure of the Euro were “incalculable” and that there was “no automatic guarantee” that the continent would not disintegrate into conflict.
His comments come days after the Nobel Peace Prize was awarded to the European Union in recognition for its success in warding off conflict since the Second World War.
Speaking at the Cheltenham Literary Festival, Mr Cable said: “I think we need to take stock that if the eurozone were to unravel in a way that destroyed the European project – and there is a risk that could happen – the consequences would be absolutely incalculable.
“We tend to forget, until we were reminded last week of that Nobel Prize, the European project was constructed in order to rescue Europe from extreme nationalism and conflict. There is no automatic guarantee that won’t return.” David Cameron has said that the ongoing crisis in the Eurozone will present an opportunity for Britain to renegotiate its relationship with the EU.
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