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EU constitution defeat would be serious

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   http://quote.bloomberg.com/apps/news?pid=10000087&sid=acK9J.PZph00&refer=top_world_news

http://quote.bloomberg.com/apps/news?pid=10000087&sid=acK9J.PZph00&refer=top_world_news

Blair Says EU Constitution Defeat Would Be `Serious' (Update2)
April 22 (Bloomberg) -- U.K. Prime Minister Tony Blair said losing a referendum on the European Union's proposed constitution would be ``serious'' for him and his government.

Blair this week reversed his position to pledge that Britain will hold a referendum on whether to back an EU constitution, gambling on his ability to bring around voters who are skeptical about closer European integration.

``It would certainly be serious to lose it, it would be serious for the government and the prime minister,'' Blair said at a monthly press conference in London. Asked whether a defeat would force him to quit, he said, ``I'm not going to speculate.''

The EU ballot will be Britain's first national referendum since 1975, when voters endorsed EU membership. A rejection could derail the constitution, which European leaders including Blair say the 15-nation bloc needs to function after it adds 10 new countries on May 1.

``Europe doesn't work anywhere near effectively enough at the moment,'' Blair said.

Euro Debate

Britain's debate over the constitution is overshadowing Blair's drive to adopt the single European currency. Ministers last year ruled out euro membership, saying the economic case wasn't made. Blair today signalled that hasn't changed.

``You cannot at this time make a compelling economic case for Britain to go into the euro,'' he said, adding he still believes the U.K. should join ``if the economics are right.''

Polls indicate most British voters don't want either the constitution or the euro. Blair said that shows ``we haven't succeeded in the argument'' for the treaty and closer European ties. Still, ``if you believe in Britain's central place in Europe, it's time to make that argument,'' he said.

Foreign Secretary Jack Straw earlier today said the government won't rule out a second vote on the EU treaty should voters reject the treaty in the first vote.

British officials have suggested that in the event of a ``no' vote, the U.K. would follow Ireland's example. Irish voters in 2001 rejected the EU's Nice Treaty, so the government held a second vote the next year, when the accord was endorsed.

Blair signaled a ``no'' vote in the first ballot would be final.

``If the British people vote `no' in a referendum, their verdict is what counts,'' he said. ``If the British people vote no, they vote no. You can't then start bringing it back until they vote yes. I don't intend to lose the referendum.''

Later, he added: ``If there is a `no' vote, you'd have to go back to the European council and discuss it -- you can't tell what would happen in those circumstances.''



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