German and French leaders went into the meeting last night with the UK Prime Minister knowing full well that their measures to destroy the City of London’s economic activity would lead to a veto and yet it seems very clear that the Germans and French did not even have a plan B and so they have dragged 23 EU member states into an agreement that is nothing less than a prescription for economic contraction. It is afudge though and could be the final blow before the break-up of the Euro as senior EU officials have already acknowledged in public that

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