Eurozone economy: Mario Draghi is doing his utmost to make the public believe that QE has not failed – but the damage caused by this pampering of banks could be beyond repair November 23, 2015 In front of a professional audience, the President of the ECB Mario Draghi could not totally deny the facts. For the time being, the public sector purchase programme (PSPP) has neither led to sustained growth nor to the targeted inflation rate of two per cent. That is why he had to admit that the process [...]
EU referendum: David Cameron has put forward a British model for EU membership – but it could make European allies lose patience November 12, 2015 Tuesday this week was D-Day for David Cameron, as he presented before the supporters of British membership his agenda for negotiating British conditions of staying in the European Union. His rhetorical rejection of the overall objective of the “ever closer Union” was neither surprising nor constructive. In point of fact, the EU is threatened more than ever [...]
Helmut Schmidt: As Germany loses a historic figure, the UK has lost the most Anglo-Saxon of all Chancellors at a crucial time for Brexit November 11, 2015 The death of Helmut Schmidt is a profound moment for all post-war Germans. More than any other German Chancellor, Schmidt was the incarnation of a deep commitment to his nation as a part of the European Community, but also as a strong member of the Atlantic alliance. As an inveterate workaholic, Schmidt was used to burning [...]
EU referendum: Why the Brexit debate is a spark of hope for Europe, German pragmatism and British opposition should combine to prevent incompetent and unaccountable leadership October 28, 2015 The Brussels elite, not to mention the Paris political coterie, is once again expressing weariness at British criticism of the European Union. The diverse objections of the different Eurosceptic groups in Britain, seem to them, to confirm incompatibility of the UK with the EU. If Europe à la carte were at the heart of the [...]
