Sunday Express, March 22nd
BRITAIN must not delay the end of the transition period to avoid the fallout from a “financial Chernobyl” in the eurozone caused by the impact of Covid-19.
A major new cross-party thinktank – the Centre for Brexit Policy (CBP) – has issued the warning over the eurozone in its first paper. It claims that the Covid-19 will transform the Brexit negotiating framework and expose toxic debt within the eurozone. Former Cabinet minister Owen Paterson will chair the CBP, backed by a cross-party team of directors including Labour MP Graham Stringer, DUP MP Sammy Wilson and former Brexit Party MEP Matthew Patten.
John Longworth, former Director-General of the British Chambers of Commerce, will be responsible for day-to-day management in conjunction with Senior Adviser Edgar Miller, also Convener of Economists for Free Trade.
CBP has concluded that the resulting slump caused by Covid-19 will blow the lid off deep-seated flaws inside the eurozone set up 20 years ago.
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