Europe’s default reaction to political revolts from the unenlightened masses, otherwise known as voters
If Europe cannot bend it will break
Germany’s tough approach is based on a realistic assessment of how hard it will be to get reforms through a 28-member EU — as well as a profound aversion to rolling back the process of EU integration.
But it is also an alarming commentary on Europe’s inability to respond to changed circumstances, whether it is a 25 per cent shrinkage in the Greek economy, or the unanticipated migration of millions of people across the EU.
Gideon Rachman, FT 8 June 2015
There will be no serious adjustments of policy, since it will just be too hard to agree what to do.
That kind of complacency is Europe’s default reaction to political revolts from the unenlightened masses, otherwise known as voters.
Gideon Rachman, FT May 26, 2014
Full texts here
Germany’s tough approach is based on a realistic assessment of how hard it will be to get reforms through a 28-member EU — as well as a profound aversion to rolling back the process of EU integration.
But it is also an alarming commentary on Europe’s inability to respond to changed circumstances, whether it is a 25 per cent shrinkage in the Greek economy, or the unanticipated migration of millions of people across the EU.
Gideon Rachman, FT 8 June 2015
There will be no serious adjustments of policy, since it will just be too hard to agree what to do.
That kind of complacency is Europe’s default reaction to political revolts from the unenlightened masses, otherwise known as voters.
Gideon Rachman, FT May 26, 2014
Full texts here
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