Good Moon On The Rise?

French political life is always full of surprises: while some seem past their best (de Villepin), and others are positively wilting (Chirac), new stars constantly appear in the galaxy. In this case Europe Minister Catherine Colonna. Her agility on the Turkey issue, and her sound sense on the ECB make her stand out against what is admittedly a not especially ‘brilliant’ background. Still, maybe when Sarkozy gets over his marital issues he’ll start to give her a run for her money.

On the ECB

Philippe Douste-Blazy: ?Everyone can see that the euro today remains an unfinished project, for lack of a seriously co-ordinated economic policy between members of the eurozone,? he said. ?Let us not leave economic and budget policy to the European Central Bank, let us not leave it just to the European Commission, to people who are not elected.?

Catherine Colonna: ‘elaborated’ on her senior minister’s remarks, saying the eurozone’s policymakers should focus more on citizens’ main concerns jobs and growth while respecting the ECB’s independence. ?Fiscal harmonisation is another important avenue that must be pursued.?

On Turkey Negotiations

Jacques Chirac: “Turkey needs to recognise Cyprus ….the continuing failure to do so poses political and legal problems and is not in the spirit expected of a candidate to the union?.

Catherine Colonna: ?When it comes to Turkey, its future with the EU accession or another solution can only be written at the end of a long process….?Between now and then, the rules have been set out: if the conditions set are met, the negotiations can begin.?

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About Edward Hugh

Edward 'the bonobo is a Catalan economist of British extraction. After being born, brought-up and educated in the United Kingdom, Edward subsequently settled in Barcelona where he has now lived for over 15 years. As a consequence Edward considers himself to be "Catalan by adoption". He has also to some extent been "adopted by Catalonia", since throughout the current economic crisis he has been a constant voice on TV, radio and in the press arguing in favor of the need for some kind of internal devaluation if Spain wants to stay inside the Euro. By inclination he is a macro economist, but his obsession with trying to understand the economic impact of demographic changes has often taken him far from home, off and away from the more tranquil and placid pastures of the dismal science, into the bracken and thicket of demography, anthropology, biology, sociology and systems theory. All of which has lead him to ask himself whether Thomas Wolfe was not in fact right when he asserted that the fact of the matter is "you can never go home again".

One thought on “Good Moon On The Rise?

  1. You cannot be serious. Colonna is a hyper-Chirac loyalist who sacrifices everything – including logic – to support the positions and political ambitions of her master.

    She once called Blair to lecture him on his obligations as EU President. Quite funny, really. One can only imagine the expression on Chirac’s face if a junior minister in the UK’s government called him and talked to him on the same terms.

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