Sunday, 17 Nov 2024

How Jeremy Corbyn joined Yanis Varoufakis in ferocious attack against the eurozone

Jeremy Corbyn’s popularity has reached an all-time low in the past few months over his “destructive” Brexit policy. According to a YouGov poll, the left-winger indecisiveness and the lack of clarity on his Brexit stance are the main reasons why public opinion has dramatically shifted against him. This week, the MP for Islington North has sought to draw a line under his party’s travails by shifting his stance again and announcing a “settled” policy of backing Remain in any referendum called on a Conservative deal.

However, in a statement emailed to party members on Tuesday, Mr Corbyn made no reference to what stance Labour would take in the event of a general election, or whether the party could enter such a contest saying it would still go ahead with leaving the EU.

For many of the people who have followed his career, which has spanned over the course of 36 years, his most recent stance could come as a surprise as Mr Corbyn hasn’t always been supportive of being “close” to the 28-nation bloc.

He voted against membership in 1975, voted against the Maastricht Treaty in 1993, and voted against the Lisbon Treaty in 2009.

During the 2016 referendum, he was also accused of of trying to consistently “weaken and sabotage” Labour’s campaign to keep Britain inside the EU by some of his MPs.

At the Edinburgh Book Festival last year, Mr Corbyn dismissed these claims, saying that he wanted to see a different Europe, but campaigned to reform it from within.

However, he brutally spoke of the eurozone with former Greek financial minister Yaris Varoufakis.

Mr Corbyn said: “Britain is not in the euro obviously.

“I think we saw the way the European Central bank treated yourselves and also the austerity that was imposed on Ireland and Portugal and Spain.”

Mr Varoufakis interrupted him, saying:: “They committed a crime against the Irish people.

“The head of the Central Bank of Europe put a gun on the Irish Prime Minister’s head and demanded that overnight the losses of private investors mostly from Germany should be transferred on to the books of the Irish state and the Irish Prime Minister’s account.

“Now that’s robbery. It is daylight robbery.”

Mr Corbyn who repeatedly nodded during the economists’ intervention, added: “You see, I actually challenged the whole Maastricht idea, which established the European Central bank.

“Becuase it was the the Central Bank based on price stability, not on living standards, not on rights and sharing.”

The Greek politician noted: “It was purely an ideological construction which nevertheless besides being ideologically quite putrid.

“It was technically and financially ridiculously stupid.”

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