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33. Greece wants the euro but doesn't want the austerity. How much longer can this go on? –...

Supporters of the euro, in Athens and in Brussels, have been quick to proclaim victory. Greek Euro-enthusiasts congratulated their countrymen on their level-headedness, while EU officials indicated that the country might be rewarded with a slight relaxation of the bailout terms. Yet there is something contrived, rehearsed even, about the triumphalism.The Greek electorate is in denial. It rejects austerity, but insists on keeping the euro. All the main parties duly parroted what voters wanted to hear, making for a fantasy election, a make-believe election, a fingers-in-my-ears-I-can't-hear-you election. The only list which was honest about the necessary cuts – a coalition of three liberal parties – failed to gain a single seat.
URL: http://blogs.telegraph.co.uk/news/danielhannan/100165822/another-non-result-in-greece-how-much-longer-can-this-go-on/ - 54KB - 18 Jun 2012
Excerpt: news rss feed news greece wants the euro but doesn t want the austerity how...

34. Even as it drags them under, Greeks cling to the euro – Telegraph Blogs

The markets are now, according to some calculations, pricing in a 75 per cent likelihood of Greece leaving the euro. Most analysts have been of this opinion for at least a year. I've so far resisted the consensus, but I'm beginning to feel the tiniest twinges of doubt.Eurocrats who as recently as last week were committed to the survival of the euro in its present form are privately in despair. As Israeli officials used to say of the Palestinians, they find they have no one on the other side to negotiate with. Most Greeks have voted for parties which are committed to ending the loans-for-austerity deal with Brussels – though they cheerfully insist that they intend to remain in the euro.
URL: http://blogs.telegraph.co.uk/news/danielhannan/100156768/even-as-it-drags-them-under-greeks-cling-to-the-euro/ - 56KB - 11 May 2012
Excerpt: them under greeks cling to the euro comments feed rsd friday 11 may...

35. You'll have to join euro! Scots warned of the high price they will pay for supporting...

Scots will be told that a vote for independence will mean them being forced to ditch the pound and join the faltering euro.The warning came as Labour pledged to join forces with the Coalition to save the 300-year-old Union with England.As senior Labour figures signalled their backing for David Cameron’s high-risk attempt to force Holyrood to hold an independence referendum quickly, Government sources said Scotland’s future in the EU would be a central issue.Constitutional experts believe an independent Scotland would be forced to reapply for EU membership – and, like all new members, would have to commit to joining the ill-fated single currency.
URL: http://www.dailymail.co.uk/news/article-2084448/Youll-join-euro-Scots-warned-high-price-pay-supporting-independence.html - 133KB - 10 Jan 2012
Excerpt: 5 day forecast you ll have to join euro scots warned of the high price they...

36. Finland prepares for break-up of eurozone - Telegraph

Finland is preparing for the break-up of the eurozone, the country's foreign minister warned today.The Nordic state is battening down the hatches for a full-blown currency crisis as tensions in the eurozone mount and has said it will not tolerate further bail-out creep or fiscal union by stealth.“We have to face openly the possibility of a euro-break up,” said Erkki Tuomioja, the country’s veteran foreign minister and a member of the Social Democratic Party, one of six that make up the country’s coalition government.
URL: http://www.telegraph.co.uk/finance/financialcrisis/9480990/Finland-prepares-for-break-up-of-eurozone.html - 87KB - 17 Aug 2012
Excerpt: to face openly the possibility of a euro break up ambrose evans pritchard by...

37. Mass migration could swing it for Brexit says worried northerner | Daily Mail Online

People in the North of England don't just feel patronised, when it comes to their concerns about Europe they feel disenfranchised, writes ROBERT HARDMAN.
URL: http://www.dailymail.co.uk/news/article-3636164/Revenge-betrayed-Abandoned-metropolitan-political-elite-lives-utterly-changed-mass-migration-Labour-s-northern-heartlands-swing-Brexit.html - 369KB - 11 Jun 2016
Excerpt: wives and girlfriends in opening euro 2016 match bieber crying emoji jpg...

38. Greece teeters on edge of bankruptcy as debt talks stall | Mail Online

France was tonight stripped of its coveted AAA credit rating in a crushing humiliation for Nicolas Sarkozy.Leading ratings agency Standard & Poor’s cut the French credit score by one notch to AA+ in a major setback to the President’s hopes of re-election.The downgrade – on Friday the 13th – came just a month after a bitter war of words broke out between Paris and London over the relative health of the French and British economies.Fears are also rising that the credit ratings of several other eurozone countries could soon be downgraded - prompting global markets to fall and the euro falling to a 16-month low.Analysts today said that ratings agency Standards & Poor was finally going to deliver the downgrades it had threatened for much of the 17-nation eurozone just over a month ago.It comes because of concerns of Europe's inability to get a grip on a debt crisis that has raged for around two years.And it is on the same day that Greece was revealed to once again be teetering on the edge of a catastrophic bankruptcy - as negotiations on a bond swap to slash its public debt by 100 billion euros stalled.
URL: http://www.dailymail.co.uk/news/article-2086200/Greece-teeters-edge-bankruptcy-debt-talks-stall.html - 147KB - 13 Jan 2012
Excerpt: global markets to fall and the euro falling to a 16 month low french...

39. Germans are finally losing patience with the euro racket – Telegraph Blogs

Forty-nine per cent of Germans, according to Die Welt, think they would be better off without the EU, as against only 32 per cent who think they would suffer. Who'd have thought it, eh? Germans being fleeced by the EU? Es braucht keinen Geist, Gnädiger Herr, der aus seinem Grabe aufstehe, uns das zu sagen: there needs no ghost, my Lord, come from the grave, to tell us this.One of the many things Germans have in common with us is that they are disproportionately penalised by the EU's budgetary structures. For half a century, their politicians have pre-empted any criticism of this unfairness by an elliptical appeal to historical responsibility. The appeal, as you can hear me saying in the above clip, must always be kept elliptical, lest its utter absurdity become evident.An Oxford contemporary reminded me, at our White Wednesday reunion, of a conversation we had had…
URL: http://blogs.telegraph.co.uk/news/danielhannan/100181597/germans-are-finally-losing-patience-with-the-euro-racket/ - 56KB - 25 Sep 2012
Excerpt: finally losing patience with the euro racket comments feed rsd news rss...

40. The solution to the euro crisis? A European credit rating agency! – Telegraph Blogs

How do you suppose MEPs plan to get out of Europe's economic mess? By acknowledging that the single currency was a rotten idea to begin with? By allowing stricken economies to default, decouple and devalue? Nope. They plan to regulate, or even censor, American credit rating agencies; and, at the same time, to create a European one in their place. Italian MEPs, in particular, are tetchily telling the Commission to get a move on:
URL: http://blogs.telegraph.co.uk/news/danielhannan/100133029/the-solution-to-the-euro-crisis-a-european-credit-rating-agency/ - 61KB - 05 Feb 2012
Excerpt: rss feed news the solution to the euro crisis a european credit rating...

41. Will they hold a referendum on the EU?

The mood seems to be changing a little in the two main party leaderships since we held the Parliamentary vote last year to require a referendum on the EU. Then they were both adamant that it was a bad idea. The Conservative leadership said they would provide a referendum should any future powers be conceded to the EU, to be defined by themselves. Labour stuck to its position in government that referendums were undesirable and not needed. They after all gave away massive powers of self government at Nice, Amsterdam and Lisbon, but never thought a referendum necessary.
URL: http://johnredwoodsdiary.com/2012/06/08/will-they-hold-a-referendum-on-the-eu/ - 202KB - 09 Jun 2012
Excerpt: the uk in the eu but outside the euro core a premature in out referendum...

42. Polls, polls, polls

It’s the voters turn to say what they think.In France it looks as if an other incumbent who has presided over the Euro crisis, another supporter of Euro austerity, is about to lose office. Latest polls shows Mr Sarkozy trailing Mr Hollande by between 6% and 11%. If Mr Hollande wins, expect rapid moves to bring him on board for the austerity treaty of late last year, sweetened by some kind 0f Growth package to be agreed with Germany and the Commission. Do not expect a radical change in the EU’s approach to the Euro.In Greece the two larger parties of past elections and the last Parliament saw much lower poll ratings in recent months. Pasok, the current ruling party, saw its rating slump from 38% in January 2011, to around 14% in the last permitted polls. New Democracy has had a smaller fall, from 30% to 23%. They do not allow polls close to the election.
URL: http://johnredwoodsdiary.com/2012/05/02/polls-polls-polls/ - 170KB - 11 May 2012
Excerpt: incumbent who has presided over the euro crisis another supporter of euro...

43. Treat Ukip as a major party, Ofcom orders TV channels | Mail Online

Broadcasting regulator Ofcom said the success of Ukip, led by Nigel Farage, in previous Euro elections meant it should be put on a par with the other main parties
URL: http://www.dailymail.co.uk/news/article-2572591/Treat-Ukip-major-party-Ofcom-orders-TV-channels-Regulator-says-success-previous-Euro-elections-Labour-Tories-Lib-Dems.html - 334KB - 04 Mar 2014
Excerpt: of nigel farage s party in previous euro elections meant it should be put on...

44. The EU in a nutshell | Telegraph Blogs

The EU in a Nutshell is a miscellany of facts and anecdotes about the system which rules us. It’s a book you can delve into in pursuit of a particular fact, or crack open for entertainment at virtually any page.There are sections on how the Brussels institutions work in real life, on how the Euro-quangos have multiplied, on what each country thinks it is getting out of membership (complete with historical detours). And, of course, there are devastating numbers.Take, for example, the argument about the European Economic Area. We’re all familiar with the traditional integrationist rebuttal: if Britain went for an Iceland-style market-only deal, we’re told, we’d have to apply lots of directives over whose drafting we had had no say.
URL: http://blogs.telegraph.co.uk/news/danielhannan/100167508/the-eu-in-a-nutshell/ - 54KB - 01 Jul 2012
Excerpt: part subjected to eu regulation a euro enthusiasts quickly shift their...

45. 2012 will be 'full of danger and risk' warn Sarkozy and Merkel in their New Year messages |...

The stricken eurozone will start disintegrating this year and will almost certainly collapse within the next decade, a think tank warned today.At least one country will quit before the end of the year and there is a 99 per cent chance of a break-up in the next ten years, forecasters at the Centre For Economics And Business Research (CEBR) claimed.They added that 'it now looks as though 2012 will be the year when the euro starts to break up'.
URL: http://www.dailymail.co.uk/news/article-2081088/2012-danger-risk-warn-Sarkozy-Merkel-New-Year-messages.html - 132KB - 02 Jan 2012
Excerpt: 2012 will be the year when the euro starts to break up grave warnings...

46. Dithering Europe is heading for the democratic dark ages - Telegraph

A Greek economy run by Brussels will ignore the lessons of history, leading to more misery, writes Boris Johnson.Every day we read of fresh horrors: of once proud bourgeois families queuing for bread, of people in agony because the government has run out of money to pay for cancer drugs. Pensions are being cut, living standards are falling, unemployment is rising, and the suicide rate is now the highest in the EU – having been one of the lowest.By any standards we are seeing a whole nation undergo a protracted economic and political humiliation; and whatever the result of yesterday’s election, we seem determined to make matters worse. There is no plan for Greece to leave the euro, or none that I can discover. No European leader dares suggest that this might be possible, since that would be to profane the religion of Ever Closer Union. Instead we are all meant to be conniving in a plan to create a fiscal union which (if it were to mean anything) would mean undermining the fundamentals of Western democracy.For the sake of bubble-gumming the euro together, we are willing to slaughter democracy in the very place where it was born. What is the point of a Greek elector voting for an economic programme, if that programme is decided in Brussels or – in reality – in Germany? What is the meaning of Greek freedom, the freedom Byron fought for, if Greece is returned to a kind of Ottoman dependency, but with the Sublime Porte now based in Berlin?It won’t work. If things go on as they are, we will see more misery, more resentment, and an ever greater chance that the whole damn kebab van will go up in flames.
URL: http://www.telegraph.co.uk/comment/9337911/Dithering-Europe-is-heading-for-the-democratic-dark-ages.html - 81KB - 18 Jun 2012
Excerpt: in athens central square after the euro 2004 soccer game between greece and...

47. What’s the point of a Euro area national government?

The Euro is now into the phase of its development where people will ask “ Where is the democratic accountability? How does the Euro scheme secure the consent of people under it?”We have witnessed elections in Ireland and Portugal. In both cases the public threw out a government associated with economic failure. In both cases they had to elect an alternative signed up to the agreed EU/Euro policy organised by the outgoing government.
URL: http://www.johnredwoodsdiary.com/2011/06/19/whats-the-point-of-a-euro-area-national-government/ - 117KB - 24 Jun 2011
Excerpt: feed john redwood diary 8217 point euro area national government comments...

48. Bailing out the IMF

This week the government announced its intention to put through a Statutory Instrument approving £9.4 billion pounds of new capital for the IMF. The draft SI is a very short document, pledging 9.416 billion SDRs. The document does not explain to MPs that one SDR is about the same value as one pound sterling. We are awaiting news of how and when this matter will be considered. The government does have to allow a debate and a vote, though it may opt to do that in committee rather than on the floor of the House.
URL: http://www.johnredwoodsdiary.com/2011/06/17/bailing-out-the-imf/ - 154KB - 24 Jun 2011
Excerpt: releases articles double quits time euro greek crisis sorry history bail...

Documents 33-48 of 2391 displayed.

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