May 30, 2005

The European Union

Now For The Double Whammy

by Edward Hugh

Actually with the critical ECB meeting looming on Thursday, it could in fact be more like a ‘trifecta’ than a ‘double whammy’. Anyway, however you classify things, on Wednesday it will be the turn of the Netherlands. My impression is that the politicians don’t know quite how to respond.
Incidentally, with so much news coming [...]

May 29, 2005

The European Union

If they say no

by David Weman

People will vote no for many different reasons, some for opposite reasons. But it seems clear to me some complaints will be shared by nearly all no voters, as well as many yes voters. Namely, that the EU is undemocratic, that the elites don?t care what the people say, that integration has been pursued without [...]

The European Union

Blogging The French Referendum

by Edward Hugh

Update I: Participation rates at 19:00 have just been released: 66,24 %. This means that it will surely clearly surpass the Maastricht final participation of 69,69 %. The poll estimates are talking about a final participation of 75%. This is big for a topic which many said was ‘abstract’. In Spain, the particpation was [...]

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May 25, 2005

Western and Central Europe

The French Press reviewed in German

by Tobias Schwarz

The French embassy in Germany (which just relaunched its website) offers a
German review of the daily French press (and as well a French review of the German press) but unfortunately not as RSS streams.

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May 24, 2005

Economics and demography

The Mysteries of Growth: France & Germany

by Edward Hugh

The latest data on French household spending show that it rose rather faster than expected in April. This suggests that consumer spending is still supporting economic growth in sharp contrast with the pattern in Germany. In Germany the domestic economy actually *contracted* in the first quarter. True the German economy grew, but this was [...]

May 23, 2005

The European Union

Le Petit ‘Non’

by Edward Hugh

Well, if you believe Times (and after last weeks episode with the Independent I believe no-one), le petit ‘non’, like its equivalent le petit mensonge, is not all that serious after all. According to the Times, Britain is working with other European states to draw up plans to keep the European Union constitution alive if [...]

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May 21, 2005

Currencies

The Euro And The Vote

by Edward Hugh

The euro reached its lowest level against the dollar in seven months last week dropping from a valueof $1.311 a month ago to $1.255 on Friday. This was the lowest level since last October. Undoubtedly there are a confluence of factors at work here: yesterday’s French growth numbers, longer term stagnant growth [...]

May 19, 2005

The European Union

Barroso Has No ‘Plan B’ Ready

by Edward Hugh

The EU Observer has the following:
The President of the European Commission has called for a French yes to the European Constitution, pointing out that there will not be a “plan B” if France rejects the treaty next week……….But Mr Barroso asserted there was no plan B in case the French rejected the treaty.

[...]

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May 18, 2005

The European Union

French Referendum: No Vote On The Rebound

by Edward Hugh

The ‘No’ campaign seems once more to have regained the lead in the run-up to France’s referendum on May 29, with French voters apparently ignoring all warnings about the damage that would be caused by rejection of Europe’s constitutional treaty.
One explanation for this may be the fact that leading politicians of the left - [...]

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May 16, 2005

The European Union

Hanging In The Balance

by Edward Hugh

As opinion polls produce results wobbling uncomfortably back-and-forth between ‘yes’ and a ‘no’, France is in the grips of a chaotic day of ’solidarity under duress’ whose consequences for 29 May seem hard to foresee.
News that parliaments in Germany, Austria and Slovakia have approved the constitution treaty is tempered by the results of the latest [...]

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