Is Europe’s problem German strength or weakness? The election in March 2012 of Joachim Gauck as Germany’s President demonstrates a remarkable achievement of recent German history. For the first time since unification in October 1990, Germany has a Chancellor and President from the former East Germany. Widely admired both for the size of its [...]
The intriguing story of huge weapons sales and the Greek debt crisis… Last week Czech Prime Minister Petr Nečas made the usual grim diagnosis about the debt crisis in Greece.The country was in dire need of structural reforms, he said, both to its economy and society. Leaders across the continent have been making similar criticisms, with Sarkozy [...]
Continue reading …A solution to the Greek financial crisis requires unprecedented reform not just of Greece’s bureaucracy and economy, but of the mentality of the people… Eurozone members will collectively heave a huge sigh of relief now that the Greek government has taken a crucial step forward in securing a second €130-billion bailout package. This [...]
Continue reading …Italy’s new technocratic government is fighting ingrained attitudes as it tries to deal with the country’s unemployment problem… We Italians are still looking for a permanent job in the town near our parents With these words minister of the interior Anna Maria Cancellieri upset many workers. Her words came days after the Prime Minister, [...]
Continue reading …Chancellor George Osborne is right to reject a financial transaction tax… According to a YouGov poll, more than 4 out of 5 people in the UK, France, Germany, Spain and Italy believe that the financial sector has to contribute to repair the damage it caused to the economy. Considering the proliferation of “Occupy” [...]
Continue reading …Unappreciated then but just what we need now? I recently wrote an article calling for tough leadership during these tough economic times. As an even tougher economic thundercloud looms darkly on the horizon, I now ask whether Gordon Brown’s leadership, much maligned at the time (by me included), is in fact exactly what [...]
Continue reading …Looking back at the fallen Greek Prime Minister… Sworn into office in the same wave of adulation that had other left wing politicians such as Tony Blair and Barack Obama elected into office throughout the decade before, George A. Papandreou was doomed to be the Greek Prime Minister that allowed civil unrest and [...]
Continue reading …Occupy London protesters do not represent the 99pc, but nor do the super-rich 1pc they oppose… Hot topic in the media this week has been the ‘Occupy London’ protests. Opinion has been divided. Laurie Penie of The Independent has been wax lyrical about them, describing it as a new kind of exciting politics. Paradoxically Peter [...]
Continue reading …