Frexit demand as ‘promises of euro’ exposed – ‘REALITY is the opposite’

Frexit: Expert fires warning about leaving euro

Back in 2002, the euro banknotes and coins were introduced into France following a transitional period of three years before the European currency became the nation’s official currency. But now the Frexit party leader Charles-Henri Gallois has lashed out at the “promises of the euro”.

He tweeted: “We especially remember that the promises of the euro were: more growth, less unemployment, less public debt.

“The reality is the opposite.

“It is high time to take stock of our membership of the EU and the euro.”

His comments come after French minister for foreign affairs Clement Beaune celebrated the anniversary of the euro.

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Mr Beaune tweeted: “Exactly 20 years ago the first euros arrived!

“Many no doubt remember these ‘starter kits’ to discover the new parts…”

He added: “To celebrate this anniversary, I am happy to have been able to strike an exceptional coin at the Monnaie de Paris, which combines excellence, tradition and creativity.

“As we said 20 years ago: together we will be stronger, and we will remain ourselves.

“Both sides of the euro bear witness to this.

“We are French, fully and Europeans, resolutely.”

Mr Beaune went on to say the “euro protects us from crises” and said: “Without it, the interest on our debt would be twice as high (more than 30 billion euros per year…).”

Following the UK’s departure from the bloc, several other countries have seen a rise in support for leaving the EU.

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In 2018 French President Emmanuel Macron suggested his country would vote to leave the EU if they held a referendum on its membership like the UK.

Support for France to follow Britain has risen following the increased prominence of EU critic Marine Le Pen, who challenged Mr Macron in the 2017 elections.

Euroscepticism in Italy has been growing in recent years, with a poll published in August suggesting almost half of all Italians would favour an “Italexit” if they see Brexit to have been a success.

The No Europe for Italy party was formed last year and founder Gianluigi Paragone argued the EU’s £677billion rescue package with land his country in enormous debt.

Last week, the former EU Brexit negotiator Michel Barnier warned there was “always a risk” other countries could leave the bloc.

He said the EU needs to “understand” why the majority of the British public voted to leave the bloc.

Mr Barnier said: “We have to draw the lessons of Brexit.

“We have to understand why 52 percent of the British people voted against Europe.

“It is obviously too late for the UK but it is not too late for other member states.

“But this risk can be combated by proof that it is clearly a better situation to be inside the EU than outside.”

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