Europe On Course To Becoming A Single Breathing Entity,

Of The Beast Type?

David Cameron was under mounting pressure last night to hold a referendum on EU membership amid claims that the Coalition is paving the way for full eurozone financial integration.

Tory and Labor MPs believe that Chancellor George Osborne’s hopes for a single eurozone tax system will lead to the EU becoming a fundamentally different organization to the one the UK joined in 1973.

Many also fear that Britain will come under intense pressure to adapt its tax and regulatory policies to conform more closely with the eurozone once fiscal union is under way, even if the UK remains outside the single currency. Steve Baker, Tory MP for Wycombe, said: “It is very clear that the EU is heading at full speed towards being one country.”

With the eurozone in crisis, the Chancellor and Mr Cameron believe the euro’s only hope of survival is more co-ordination of tax and spending policies.

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