Unfortunately with the Euro, both have to come at the same time.
I disagree with the Euro and think it's a hugely bad idea - mostly because it removes a countries ability to use monetary policy to respond to assymetric shocks.
These can be attained outside of a political union by way of treaties.
They can, yes, but the political union makes them more permanent.
I'm not so convinced on the economic benefits of the western flow of cheap labour.
Me neither which is why I was keen to point out that I disagreed with the recent expansion of the EU. That same benefit is now proving to be a disadvantage, previously we never had problems with an influx of, say, German labour.
Which can be achieved in sovereign power.
Only nationally though - not internationally.
Which markets are you thinking of?
Electricity and Gas are the two that spring to mind instantly. I was going to say Railways as well but stopped short of that because privitisation is and was a disaster in this country, though with us being on an island it's a rather seperate issue and the opening up of rail networks in the rest of the Europe has proved to be beneficial.
CFP decimated our industry.
CFP decimated our industry because of poor enforcement of the rules in place and some questionable aspects of the policy. Without CFP the same would have happened to our industry, though. The problem was that the regulatory powers of CFP had no teeth not that CFP as a concept was a bad idea.
Without some sort of control fish stocks would have fallen victim to the tragedy of the commons.
Ps there is a mechanism to stop over fishing.
Sovereignty.
Not much use outside of national waters.
The EU has not prevented reduction in our fish stocks. It hasn't stopped the Spanish boats either. We still need to send out the RN.
This is a regulation issue - member states were also expected to police their own industry. Works well for us well to do Brits - but even better for the Spanish who IIRC headquartered the inspection team in Madrid

I don't think the heavy economic overheads are worth paying for the poor implimentation when domestically we could do far better overall.
Poor implementation is the problem. The theory behind a political union is very sound - but it's been implemented poorly. The solution is wholescale reform not getting rid entirely.
The biggest problem with this subject is that there is an awful lot of kneejerk opinion about it. Ask Mr Average in the street and he'll have a strong opinion on the EU yet likely know almost nothing about it.
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