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The great bailout – Europe’s best-kept secret

Posted by Matt in June 6th, 2009

Germany is at the heart of a huge plan to prop up crippled EU economies – not that the German people would ever know

I will not vote in today’s European election. Instead, I am doing something much more interesting and relevant to the future of Europe and Britain. I am travelling to Riga to speak at the centenary celebrations for Isaiah Berlin, the great Latvian- Jewish philosopher, who explained why democracy and freedom do not always work hand in hand. Why is this trip to Latvia more important than voting? Because, believe it or not, the future of Europe could be decided by this tiny Baltic state.

Europe is now in the middle of a perfect storm – a confluence of three separate, but interconnected economic crises which threaten far greater devastation than Britain or America have suffered from the credit crunch:

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