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Latest News
- No end to the controversy - 23/01/2013Brendan Donnelly, Director of the Federal Trust and a former Member of the European Parliament, has commented as follows on Mr Cameron’s speech on Britain’s position in the European Union:...
- Prospects for a referendum on Europe - 15/01/2013Report on discussion at the Federal Union committee The prime minister will give his long-awaited speech on his new Europe policy this coming Friday. In it, he will announce a...
- Federal Union review of 2012 - 05/01/2013The most important outcome of the past 12 months is that the eurozone survived. The world was poised on the edge of a financial precipice at the beginning of last...
Latest Blog Entries
- Proved right on press regulation - 18/03/2013This blog has not expected to be proved right so quickly on press regulation, but that’s what happened today. At the end of last year, when the Leveson commission published...
- Trade war over gambling - 30/01/2013International trade disputes often shine a light on odd behaviour, and the dispute between the United States and the tiny Caribbean island country Antigua and Barbuda is no exception. Originally...
- The wrong conclusion on welfare reform - 24/01/2013In his speech on Europe yesterday, David Cameron observed that Europe, with seven per cent of the world’s population and 25 per cent of world GDP, accounts for 50 per...
devaluation Archive
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Who’s the idiot?
Posted on 30/09/2011 | 1 CommentEurosceptic journalist Peter Oborne surpassed himself on Newsnight on Wednesday denouncing a spokesperson for the European Commission as “that idiot in Brussels”. The question at issue was whether the euro might survive and, if so, whether Greece might remain a member. To Peter Oborne, the... -
Europe without the euro
Posted on 08/08/2011 | 1 CommentIf eurozone member states such as Greece have allowed their domestic costs to rise and their economies to become uncompetitive, there is a long hard road back to competitiveness again. Reforms are needed in their labour markets, and there are many inefficiencies in transport, energy... -
G20: they came, they saw, they concurred
Posted on 08/04/2009 | No CommentsLondon has regularly played host to foreign leaders. From Julius Caesar onwards, the banks of the Thames have been visited by the same figures that bestride the world stage. The local inhabitants, from the blue-coloured woad-wearers to the city gents in pinstripe suits and bowler... -
Competitive devaluation
Posted on 04/04/2009 | No CommentsSimon Heffer writes mournfully in the Daily Telegraph today of the prospects of the eurozone economy as the financial and economic crisis continues. As always, with Simon Heffer, his mournfulness is something of an act, because he is no friend of the euro and the... -
Ceteris paribus
Posted on 21/01/2009 | 5 CommentsThe title is a Latin phrase used in economics which means “all other things being equal”. The prediction of what difference any specific alteration to economic policy will make is always hedged by this consideration. You can never be sure exactly what will follow from...
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