If there was evidence that Europe will not follow Gordon Brown's high spending policies, it came from the European Commission today which set deadlines for the UK (which is outside the eurozone) to rein in its budget deficit.
I wonder whether the EU representative at the G20 summit will reiterate this call and make the case for less public expenditure by governemnts globally.
More importantly, I wonder how the PM will react to this, especially as it would seem that no-one in Europe is following his policies.
I wonder whether the EU representative at the G20 summit will reiterate this call and make the case for less public expenditure by governemnts globally.
More importantly, I wonder how the PM will react to this, especially as it would seem that no-one in Europe is following his policies.
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