How Margaret Thatcher derided EU plans in stark prophetic Brexit warning

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Daily Express :: UK Feed

In 2002, Baroness Thatcher called for the termination of Britain’s membership of the EU as she claimed the UK would be better off out of the bloc in the long run. 17 years later, her wish seems to be about to come true. The Conservative Party secured an incredible victory in this month’s general election, capturing 364 of the 650 seats in the House of Commons.

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The win means Britain will almost certainly leave the EU in January 2020 as, just like Prime Minister Boris Johnson said, “no one can now refute” his “stonking mandate” to deliver Brexit.

The former Conservative Prime Minister, otherwise known as Iron Lady, would certainly be thrilled by Mr Johnson’s triumph, as she was all too aware of the bloc’s failings and somewhat foresaw Brexit years before it came to pass.

At the European summit in Rome in October 1990, Mrs Thatcher derided plans to create a single currency as “cloud cuckoo land”.

Ambushed by her fellow heads of government, she threatened to use Britain’s veto to block a project that she did not consider to be in the national interest.

According to a 2001 report by the Telegraph, that was to prove a fateful declaration, as within a month, she had been deposed from office, and the march towards European integration continued.

The report added: “In the event, Britain did not use its veto.

“At Maastricht, John Major agreed to the creation of a single currency, but wisely made sure we stayed out of it.

“But what Mrs Thatcher foresaw has come about.

“She recognised – as did ardent pro-Europeans such as Edward Heath – that currency union could not be sustained in the long run without political and fiscal integration.”

Even Jacques Delors, one of the main architects of the single currency – shockingly admitted the euro was doomed from its very beginning. Read more

How Margaret Thatcher derided EU plans in stark prophetic Brexit warning

In 2002, Baroness Thatcher called for the termination of Britain’s membership of the EU as she claimed the UK would be better off out of the bloc in the long run. 17 years later, her wish seems to be about to come true.

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