Guido led with an interesting piece this morning, about the Greek bail out and Eurozone aid being given to Greece.

Apparently Eurozone countries today lent Greece €4.2 Billion just shortly before Greece is due to repay €3.3 Billion to the ECB….. So basically we are not bailing out Greece, we are bailing out the European Banks.

Meanwhile the Greeks still can’t form a government, based on the fact that most Greeks have voted for anti-bailout parties.

If only there was another way…

But there is!

Apologies, I know I am starting to sound like Hannan and Carswell but the only logical answer, as I have said before, is for Greece to Default on the debt, Decouple from the Euro and Devalue their currency.

This would get the Greeks out of the farce that is the current bailout and enable them to be masters of their own destiny once again.

Please note – this suggestion has nothing to do with me fancying a cheap Greek Island summer holiday – but when we all take them spending our New Drachma it will certainly help the Greek economy recover.

I spotted this in the Telegraph this evening, and I was livid!

£3.3bn more down a black hole! We know Greece is going to crash. We know the euro is doomed – why on earth should we waste more money propping it up??

Now I know I am about to sounds like Dan Hannan (the man talks a lot of sense), but there really is only one option as far as I can see for the nation of Socrates, and that is to fess up to the mess, default (properly and fully), decouple from the Euro, and then devalue.

Given the resulting cheap neo drachma, we can then all take cheap Aegean holidays and pump cash back into their nation and at least get something in return, giving the Greeks the chance to rebuild their economy.

Rant over.

I was in Greece recently, as those who follow my tweets will know.

I thought some of you would find it interesting if I blogged about the reasons for being there.

You see, I am president of the ENTP, the “European New Towns Platform” and the General Assembly of the ENTP was held in the new town of Agios Stefanos from 26th to 28th May.

The ENTP is a pan European group of New towns, that was formed in 2001. Its key objectives are:

  • For New Towns to share experiences, as all new towns have similar themes, issues and problems it is worth talking to each other to avoid re inventing the wheel
  • To act as an automatic grouping to access EU funding; many people don’t know that to access the monies the EU gives out you need to be working in a network of other towns, the ENTP is a ready made network
  • To lobby the EU and National Governments to take note of the particular roles and difficulties suffered by new towns in policy making and spending reviews.

It represents 31 New Towns from 12 European countries and has about a dozen partner organisations who are interested in New Towns.

In 2008 when the Conservatives took control of Harlow Council, I took over from the Labour Leader Tony Durcan as a board member of the ENTP; Tony had been a board member for two years.

In December 2009 the Board of ENTP elected me as their President.

Since becoming President I have been keen for the ENTP to look beyond the borders of Europe and share the knowledge and experience of New Town development in other countries. We welcomed to the General Assembly this year a new “associate member” of the ENTP the town of Luodian in China. We also welcomed NUAC to talk to the Assembly, an organisation representing about 30 New Towns being developed in Egypt.

I have also been keen to strengthen the lobbying aspect of the ENTP to ensure that Harlow’s voice and the voice of new towns across Europe is heard by those making senior decisions.

So what does Harlow get out of this?

Well there is an office and staff in Brussels that we have access to who have a finger on the pulse of what’s going on in European funding streams and law making, we have a network of European partners to learn from and a greater opportunity to access EU funding. In the last 4 years our membership of ENTP has gained us access to £580,000 worth of EU monies (that’s Harlow tax payers cash coming back to the Harlow!)

Overall I think it is a very worthwhile organisation and one that I am proud to be President of.

I was re-elected President of the ENTP on 28th May to serve until at least the next General Assembly in 2011.

I was in Greece recently, as those who follow my tweets will know.

I thought some of you would find it interesting if I blogged about the reasons for being there.

You see, I am president of the ENTP, the “European New Towns Platform” and the General Assembly of the ENTP was held in the new town of Agios Stefanos from 26th to 28th May.

The ENTP is a pan European group of New towns, that was formed in 2001. Its key objectives are:

  • For New Towns to share experiences, as all new towns have similar themes, issues and problems it is worth talking to each other to avoid re inventing the wheel
  • To act as an automatic grouping to access EU funding; many people don’t know that to access the monies the EU gives out you need to be working in a network of other towns, the ENTP is a ready made network
  • To lobby the EU and National Governments to take note of the particular roles and difficulties suffered by new towns in policy making and spending reviews.

It represents 31 New Towns from 12 European countries and has about a dozen partner organisations who are interested in New Towns.

In 2008 when the Conservatives took control of Harlow Council, I took over from the Labour Leader Tony Durcan as a board member of the ENTP; Tony had been a board member for two years.

In December 2009 the Board of ENTP elected me as their President.

Since becoming President I have been keen for the ENTP to look beyond the borders of Europe and share the knowledge and experience of New Town development in other countries. We welcomed to the General Assembly this year a new “associate member” of the ENTP the town of Luodian in China. We also welcomed NUAC to talk to the Assembly, an organisation representing about 30 New Towns being developed in Egypt.

I have also been keen to strengthen the lobbying aspect of the ENTP to ensure that Harlow’s voice and the voice of new towns across Europe is heard by those making senior decisions.

So what does Harlow get out of this?

Well there is an office and staff in Brussels that we have access to who have a finger on the pulse of whats going on in European funding streams and law making, we have a network of European partners to learn from and a greater opportunity to access EU funding. In the last 4 years our membership of ENTP has gained us access to £580,000 worth of EU monies (that’s Harlow tax payers cash coming back to the Harlow!)

Overall I think it is a very worthwhile organisation and one that I am proud to be President of.

I was reelected President of the ENTP on 28th May to serve until at least the next General Assembly in 2011.