The German Chancellor's plans for a "two-speed Europe" will leave Germany in the driving seat of a European super-state which will beggar its neighbours.
"Mrs Merkel is openly calling for a German-dominated political union at the centre of Europe, with what George Soros recently called a 'depressed hinterland' around it. Neither of those is a place the UK ought to be. We are one of the world's major economies and a proud independent sovereign nation, not a vassal state that needs to be governed from Frankfurt, or picking over the crumbs from Europe's table.
"As George Osborne has admitted, a reshaped relationship with Europe would involve a transfer of sovereignty from the UK to Brussels.
"Mrs Merkel says that the EU's grand plan 'cannot stand still just because one country or another doesn't want to come along'.
"As George Osborne has admitted, a reshaped relationship with Europe would involve a transfer of sovereignty from the UK to Brussels.
"Mrs Merkel says that the EU's grand plan 'cannot stand still just because one country or another doesn't want to come along'.