DENNIS Grant thinks that staying in the European Union will be good for Britain's economy.

But the countries in the Euro Currency zone are in deep recession with high and rising unemployment.

This is for two reasons, firstly being in the Euro removes the right to set your own interest rates which is the main way countries stimulate economic growth.

The second reason is that being part of a Federal Superstate means that your industry is smothered by red tape and dragged down by inefficient labour laws.

This means that France and Germany are locked into recession with no prospect of improvement in the foreseeable future.

For France and Germany the only hope for improvement is to leave the European Union. Once they regain control of their economies they can begin to reverse their relentless economic decline.

STEVE HALDEN

Beaufort Green

Park North