Link: http://www.economist.com/blogs/bagehot/2011/11/britain-and-eu-0

The British, according to the post, is back to actively seeking core European allies using the euro in the hopes of re-establishing itself as a credible European member, and seeks to engage more actively in European affairs despite its traditional stance as, more or less, a nation on its own.

While given the current financial crisis in Europe, the opportunities and concerns British investors saw no doubt prompted Prime Minister Cameron to embrace Brussels with a warmer attitude, just how sincere are the British? For a nation that has always wondered on its own, separated from the rest by the North Sea, it has long been thought that the UK’s opinion towards the euro is as cold as water that separates it from Europe. But will this attitude change amidst the financial turmoil on the main continent?

For now, the UK isn’t too worried, or at least shouldn’t be. Its own currency, the pound sterling, is still quite stable, and British banks didn’t invest as much into Greek and Italian bonds as their French counterparts. However, as a member of the EU, the ever worsening situation would certainly one day drag Great Britain down, along with its splendid isolation, if the British remain nonchalant in the times to come.

Images courtesy of http://upload.wikimedia.org/wikipedia/en/a/a8/New_British_Coinage_2008.jpg  and http://amhist.ist.unomaha.edu/module_files/Isolationism.JPG, in order of precedence.