Ken Clarke: I was wrong ... the euro is a failure
By Greg Hurst, Political Correspondent
KENNETH CLARKE declared the euro a failure yesterday by proving itself unable to usher in a new era of economic reform and higher living standards in Europe.
In an abrupt about-turn from the Conservative Party’s most passionate pro-European figure, he said that conditions had never been right for Britain to join and predicted that it would remain the case for at least a decade.
He spoke out as Tory MPs awaited his confirmation that he will, as expected, stand for a third time to be leader of the party. He has made clear he will do so if he believes he has sufficient support.
His remarks came not in a newspaper or broadcast interview but in a specialist journal, Central Banking. As a seasoned politician, however, the former Chancellor would have known that his remarks would be quickly picked up. By choosing a relatively obscure publication, he might have calculated that any embarrassment in admitting his error over the euro would be lessened.
More at:
http://www.timesonline.co.uk/article/0,,2-1747272,00.html------------
I think this definitely means that Ken Clarke is standing for the leadership then.