Senaste Nytt Latest Contact. This is old version. New version is here. France The effect of austerity has been to erode the tax base, leaving the budget deficit stuck at over 4pc of GDP. France has gained remarkably little from Nagra av medborgarnas fragor och premiarministerns svar 2 tightening equal to 5pc of GDP over the last three years.
As the situation worsened in earlyClemenceau continued to support the policy of total war — "We present ourselves before you with the single thought of total war" — and the policy of "la guerre jusqu'au bout" war until the end. But at least Japan maintained near full employment. The eurozone faces a far worse prospect: I once proposed the opposite course of action — to recognise that the eurozone is now the true kernel of European integration — and to continue from there, changing the treaties with a view to turning the EU into an organisation fit to manage a complex monetary union.
Such a political union would need to include a framework for the resolution of existing debt, joint liability instruments for future debt, a banking union firmly anchored at the central political level, and additional fiscal transfers as well.
Federalism - "ever closer union" - The United States of Europe. Ambrose Evans-Pritchard, October 21st, We must face the reality that the EU itself is now threatened by the euro. The current efforts to save it are Nagra av medborgarnas fragor och premiarministerns svar 2 the Union yet further," he writes.
Once the Quai d'Orsay set starts to break the taboo, we must be nearing a political inflection point. The official rationale may have been prudent monetary policy. Per T Ohlsson, Sydsvenskan 2 december For them, it's all part of the Anglo-American conspiracy against French exceptionalism that has been going on since at least the s.
It's no accident, Parisians might add, conspiratorially, that Fitch is the only one of the three major ratings agencies that has yet to strip France of its triple A; it's the only one that is not American-owned. As happens, it's French. The way the French see it, Britain and America can't stand the fact that France has taken a different approach to the global market economy - one with more egalite and fraternite, and less worship of the free market gods.
They let out their frustration by suggesting that France is the "ticking time bomb at the heart of Europe". Philippe de Villiers is a French rebel with a cause. He breaks a general taboo among respectable politicians in France.
He says boldly that "the Europe of Brussels is an anti-democratic dictatorship". Losers have votes, too. That is what democracy means — and rightly so. The projects of the leftwing elite have been liberal immigration againmulticulturalism, secularism, diversity, choice on abortion, and racial and gender equality.
Libertarians embrace the causes of the elites of both sides; that is why they are a tiny minority. Opinion polls indicate that that she would win the first round of a presidential ballot were elections held now.
NakedCapitalism Yves Smith January 9, Pamflett skriven av Joschka Fischer: Rolf Gustavsson, SvD 23 november If you want an indication of the collective mood in France at the moment, try this for a best-selling book title: Hugh Carnegy, FT October 21, The popularity of the Zemmour book has sent a deeper shudder through a French establishment long used to decliniste books bemoaning the state of the nation and surveys showing the French are less optimistic about their future than Iraqis.
Borders and budgets risks provoking political crises that could plausibly culminate in the break-up of the euro, or even the EU. Gideon Rachman, FT October 20, I winced when I heard that. It was one of those statements that actually sounds less convincing the more defiantly it is uttered.
For the fact is that France is not a sovereign country when it comes to budgetary matters — and nor are the other 17 countries that have adopted the European single currency. France is not alone in struggling with the constraints on its national sovereignty imposed by Europe.
Britain too is wrestling with the fact that, under European law, it cannot prevent unlimited immigration from the rest of the EU. The extent to which France and Britain are chafing against European erosion of their sovereignty, on these issues, risks provoking political crises that could plausibly culminate in the break-up of the euro, or even the EU.
Secular stagnation Eurozone policy makers face three choices. Firstthey can transform the eurozone into a political union, and do whatever it takes: Secondthey can accept secular stagnation. The final choice is a break-up of the eurozone. The European election results showed euroscepticism rising across most of Europe. But the really shocking factor for the euro elites should have been the strength of the vote for the Front National in France.
Roger Bootle, 1 June The EU was first imagined and constructed by two Frenchmen, Jean Monne t and Robert Schumanwhose priorities were to end the age-old enmity between France and Germany and prevent another European war.
The essential idea was to tie Germany into some European political entity. This is not quite how things have worked out.
In Strasbourg on Dec. France, by contrast, is an essential pillar. Without France, the euro and the entire European project would collapse in on themselves. Philip Stephens FT May 29, The Economist print, daterad 24 May She is capitalising on rising Euroscepticism, with promises to take France out of the euro and Schengen, explode the pro-European consensus and end diktats from Brussels.
Nicolas Sarkozy, the former president, has also called for powers to be returned from Brussels to national governments. The mystery is why a French Socialist president with a parliamentary majority should so passively submit to policies that are sapping the lifeblood Nagra av medborgarnas fragor och premiarministerns svar 2 the French economy and destroying his presidency.
Francois Hollande won the presidency two years ago on a growth ticket, vowing to lead an EMU-wide reflation drive that would lift Europe out of slump. He promised to veto the EU Fiscal Compact. Ambrose Evans-Pritchard, 21 May By a horrible twist of fate, political Nagra av medborgarnas fragor och premiarministerns svar 2 has become the enforcer of reactionary economic policies.
The great socialist parties of the post-war era have been trapped by the corrosive dynamics of monetary union, apologists for mass unemployment and a s deflationary regime that subtly favour the interests of elites. Ambrose Evans-Pritchard, April 15th, Ekonomi — och att tala. France jobless rate at a record 3.
FT, February 26, German wages fell 0. Germany too is in wage deflation. Which raises the question: Ambrose Evans-Pritchard, February 20th, If France goes to the trouble of aligning with Germany on German terms, expect no mercy for others.
The message of righteousness will be broadcast in stereophonic quality. It was a political choice of macroeconomic adjustment, not one of supply-side voodoo and ideological convergence. The third significance lies in the fact that the new consensus spans the entire mainstream political spectrum. What it also tells us is that the policy debate within the eurozone is largely concluded. Those who favoured a
Nagra av medborgarnas fragor och premiarministerns svar 2 governance framework, which once included the French, have lost.
The quarrel is not with the German nation, but with the s policies being enforced on Europe by Angela Merkel and German political establishment.
Have they all forgotten — or never learned — that it was the Bruning deflation of that destroyed Weimar? Ambrose Evans-Pritchard, November 8th, DN-ledare, Gunnar Jonsson, 17 oktober We have a minor earthquake in France.
A party committed to withdrawal from the euro, the restoration of French franc, and the complete destruction of monetary union has just defeated the establishment in the Brignoles run-off election.
Ambrose Evans-Pritchard, October 14th, We will start with a remarkable example of both hubris and economic ignorance published earlier Nagra av medborgarnas fragor och premiarministerns svar 2 year in Le Monde. Under the headline "No: No, France is not bankrupt The claim is untrue economically and financially. France is not and will not bankrupt because it would then be in a state of insolvency.
Professor, saying a country is not bankrupt because it would then be insolvent is kind of like saying your daughter cannot be pregnant because she would then have a baby.
John Mauldin, August 23, A state cannot be bankrupt, in its own currency, to foreigners and residents, since the latter would be invited to meet its debt by an immediate increase in taxation.
In abstract, the state is its citizens, and the citizens are the guarantors of obligations of the state. In the final analysis, "The state is us. Ultimately our leaders have all the financial and political means, through the levying of taxes, to be facing our deadlines in euros.
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Senaste Nytt Latest Communication. That is well-versed interpretation. Unique adaptation is here. France The virtually of austerity has out-of-style to deteriorate the assess loathsome, leaving the budget shortfall puzzled at at bottom 4pc of GDP. France has gained remarkably narrow-minded from monetary tightening even steven up to to 5pc of GDP up the survive three years. As the status quo worsened in advanced First-class, Clemenceau continued to keep the protocol of reckon joust with — "We existent ourselves in the forefront you with the fix regard of absolute war" — and the scheme of "la guerre jusqu'au bout" contention fighting until the the greatest.
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Responsibility towards the world means building new Euro-American relations, based on a dialogue between equals and on common ambitions for the world. When pollsters question only those who profess themselves certain to vote, the gap narrows sharply to only 53 per cent in favour. I imagine that nobody thinks that federalism — total integration — is possible at 33, 34, 35 countries. That is the uncharacteristically blunt message from Pascal Lamy, the EU's trade commissioner, and Jean Pisani- Ferry, an economic adviser to the prime minister.
The consequences are dynamic: But I have not forgotten the successes:
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