Andrew Roberts in the FT with a little touch of cold realism on the Euro crisis. He also picks out the underlying political and economic problem here, and advises the EU to prepare for a big bang he argues springs from a federalist overreach of the original Treaty of Rome that never fitted such an enlarged area: …here we are in the endgame, and it is certainly not all right. Greece has now lost almost a quarter of its gross …
Those of you who have been following Pete’s work on the Euro crisis ought to find this analysis from John Kay familiar: The crisis in Greece – and Ireland and Portugal and perhaps elsewhere – is a crisis for Europe as a whole. Not because that is the nature of a single currency, but because Europe has consciously chosen to make it one. From its inception, the guiding philosophy of the EU was that if you took every opportunity to …
The Lex Column in the FT today on Murdoch and News Corps: “When your business model encourages some of your mployees to break the law, it is time to rethink your business model.” It’s followed by a superb piece of analysis with a few fairly crunch lines in it… Mick FealtyMick is founding editor of Slugger. He has written papers on the impacts of the Internet on politics and the wider media and is a regular guest and speaking events …
Interesting leader in today’s FT, which touches on some of the same themes (the rising tide of cheap populism as a threat to any newly ‘mandated’ government) as Elaine Byrne noted in the Irish Times (blogged here this am). But it urges that the Irish people make a distinction between setting a budget and dealing more directly with the bank deficit: Ireland does need a budget that addresses its unsustainable structural deficit, and almost everyone recognises that. Whether taxpayers can …
