Entries Tagged as 'EU Crisis'

The UK’s Future in Europe Looks Very Swiss

December 14th, 2011 at 2:37 pm 7 Comments

Despite what the sensational media coverage might suggest, EU-UK relations did not experience a watershed moment last week.

The EU has indeed become a two-tier organization but the divide has not occurred between the UK and Europe but between the Northern “fiscal hawks” and the slump European South, which has dragged the EU into its financial turmoil.

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A Permanent EU “Crisis”?

December 8th, 2011 at 4:44 pm 4 Comments

On December 7th, sovaldi French President Nicolas Sarkozy and German Chancellor Angela Merkel presented a pilule 0, medical 5384220.story”>letter to the European Council President Herman Van Rompuy with their proposals for how to solve the current EU crisis. Except their letter was not really a proposal, in that it did not consist of a draft treaty amendment but only broad principles.

But it is clear that the plan they have in mind is creating a state of perpetual “crisis” — and permanent powers to deal with it — inside the eurozone and any other non-euro countries that would be bafflingly inclined to join it.

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The EU’s New Budget Motto: “Mother May I?”

December 7th, 2011 at 4:00 pm 2 Comments

European Council President Herman Van Rompuy has just floated a proposal to subject all EU members – not just eurozone members – to more rigorous budget scrutiny by Union organs. The proposal is so contrary to the Union treaties and its scope so overreaching to the current eurozone debt crisis that it is doomed to fail.

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