Euroskeptic's Case for Saving the Euro

You should never allow a good crisis to go to waste. The stresses and strains in Euroland have started a discussion in Europe’s capitals of what can be done to buttress the euro.

We should not be frightened of a new EU treaty that seeks to ensure the euro’s survival; it could be an opportunity for Britain to seek the repatriation of powers in return for allowing the eurozone countries to enter a tighter union.

Single currencies are usually an expression of nationhood. They thrive on a sense of mutual belonging and responsibility and can survive for centuries when they enjoy common financial government.