He claimed the current poor economic situation had emphasised the importance of the euro to the UK, although he added he believed a move would not take place in the immediate future.
He then demonstrated the typical EU contempt for voters by saying: “I know that the majority in Britain are still opposed, but there is a period of consideration under way and the people who matter in Britain are currently thinking about it.”
As business secretary Lord Mandelson is a former European commissioner and told Labour’s Progress conference on Saturday, “I hold to the view that our aim, our goal, should be to enter the single currency”, it seems probable he was one of the people who Barroso considers matters.
We have come to expect this sort of contempt for mere mortals from EU commissioners.
Maybe one day the EU will become democratic enough for its commissioners to understand that the people who really matter are those who they are meant to be serving.
In the daily Brussels briefing later an EC spokesman claimed the euro could be “an anchor of stability in troubled times… the advantages are very clear.”
I have never thought that losing control of our monetary policy and having the wrong interest rate most, if not all, of the time was an advantage.
Fortunately our current government is too weak to risk having a referendum on joining the euro, or breaking their manifesto promise to hold a referendum before taking us into it and William Hague has said today, “there are no circumstances in which the next Conservative government will propose joining the euro.”