Evidence to Parliament

Project: Europe Programme, Eurozone

Director, Chatham House

This is written evidence submitted to the Foreign Affairs Select Committee, House of Commons, in May 2012.

  • Britain's position outside the eurozone means that it will have minimal influence over near-term changes to the EU's institutional architecture, which are being organised around the need to stabilise the monetary union and may include building a fiscal union. 
  • The risk has grown, therefore, that the UK will be pushed to the margins of European integration and that this will undercut its influence and interests within the EU overall.