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Eurosceptic Bloggers

Wednesday, June 15, 2005

Freedom of Movement ?

The freedom of moverment of people and goods is, we are told, an underlying principle of the EU. Well how about money? That must be free to move as well right? Well No actually.

Remember back before 1979 when you were not allowed to take more the £50 out of the country when you went on holiday? Well, those days will soon be returning. The Occupying Power has approved regulations that will stop you taking more than €10,000 out of the EU in cash or anything readily convertible into cash.
In an attempt to stop wealthy people moving their cash abroad, I guess. The stated aim is money laundering and terrorism, but somehow I don't believe it.

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