Europe

Thursday

Taki

High life | 27 August 2015

According to Somerset Maugham, in material terms one must live on the razor edge between poverty and minimal subsistence in order to cultivate the life of the spirit. I’ve always respected Maugham’s wisdom and understanding of human nature, and Larry Darrell, in search of the Tao, is among my favourite fictional characters. Maugham wrote The Razor’s Edge in 1944, aged 70, an extraordinary achievement and way ahead of the times. The world was at war and here was an old closeted homosexual writing beautifully about the West’s inability to promote the good life through wealth. Twenty years later some people out west started a movement somewhat similar to what Larry

Thursday

Rod Liddle

Is David Aaronovitch taking the piss out of himself?

This job is getting harder and harder, because it is no longer possible to parody or satirise the blithe stupidity of the liberal London middle class. It now exists in a place beyond the reach of such mocking. Take a peep at David Aaronovitch’s piece today on the problems in Calais. Just have a look, and tell me you don’t think he’s actually taking the piss out of himself. David believes we should let all the asylum seekers in. He thinks that they would make excellent ‘electrical engineers’. Yup, that’s why they’re there, Dave. Itching to get their hands on a junction box, the lot of them. Not a single penny

Thursday

James Forsyth

Jeremy Corbyn’s extraordinary success is a coup for the Tories

[audioplayer src=”http://rss.acast.com/viewfrom22/workingwithal-qa-eda/media.mp3″ title=”James Forsyth and George Eaton discuss the rise of Jeremy Corbyn” startat=754] Listen [/audioplayer]It wasn’t meant to work out this way. A month ago, Westminster watched to see if Jeremy Corbyn could get the support of the 35 MPs he needed to enter the Labour leadership race. At the time, it seemed a sort of joke. After all, the people who were lending him their backing weren’t doing so for any great love of Corbyn. As a rule, they either wanted a ‘broad debate’ or thought that the ritual slaughter of the left-wing candidate would make it easier for the new leader to move the party to the

Monday

Brendan O’Neill

A beginner's guide to Euroscepticism

As a long-time Eurosceptic, I should be happy about the Johnny-Come-Latelys now swelling the sceptic ranks. Following Euro-institutions’ wicked treatment of Greece, many European liberals have finally realised that Brussels might not be the hotbed of liberalism, internationalism and bunny rabbits they thought it was. So, bit by bit, they’re becoming the thing they once looked down upon, the thing they once forcefielded their dinner parties against: Eurosceptics. But I’m not feeling very welcoming to these latter-day doubters, currently live-tweeting their Euro-existential angst and clogging their newspaper columns with tortured questions about whether the EU really is a ‘great achievement of enlightened internationalism’. (Answer: no, you donuts.) For two reasons.

Thursday

James Forsyth

Have the Greeks just blinked?

The Syriza-led Greek government has just submitted a new set of proposals to their creditors. It appears to shift Greece closer to the creditors on VAT and pensions reform. It is also, as many have been quick to point out, really quite similar to the proposal that the Greeks voted against in last Sunday’s referendum. Indeed, it doesn’t even appear to contain any demand for debt relief for Greece. The Greek proposal has been drawn up with French assistance, the New York Times is reporting, which suggests that Paris should be sympathetic to the proposals. The question then is how the Northern European countries, led by Germany, react to it?

Douglas Murray

'Banging on about Europe' doesn't seem so dumb now, does it?

As we watch the Eurozone catastrophe enter its latest ‘final phase’ one phrase keeps recurring to me.  That phrase is ‘banging on about Europe’.  Does anybody else remember when those words were used (at least since Maastricht I think) to dismiss absolutely anybody who was worried about the overreach or mismanagement of the whole EU project?  Europhiles from the three main parties loved the phrase.  Whenever they wanted to portray a political opponent as a tedious, fringe obsessive the words sprung to their lips.  For instance, whenever he wanted to paint the Tory party as a right bunch of nutters, Nick Clegg would portray them as the type of bores who

Monday

James Forsyth

Merkel strikes an uncompromising tone as the ECB tightens the squeeze on the Greek banks

François Hollande and Angela Merkel have both given brief statements to the media ahead of their dinner this evening. Hollande was keen to stress that the door remained open to Greece for negotiations and struck a generally more emollient tone. Merkel, though, did not sound so emollient. She claimed that the deal that the Greeks rejected was ‘quite a generous one’. Meanwhile, the European Central Bank—the key actors in this drama—have kept the emergency lending assistance they are offering the Greek banks at the same level. This means that the Greek banks will not be able to re-open. The ECB has also said that it will ‘adjust the haircuts on

James Forsyth

Time running out for a Greek deal warns Osborne

Right now, Britain is sitting on the side-lines waiting to see if there is, to use George Osborne’s phrase, an ‘11th hour’ deal between Greece and the rest of the Eurozone. Britain isn’t part of the Greek bailout or the Eurozone so is peripheral to this process; David Cameron isn’t invited to the emergency Eurozone meeting on Tuesday. But Osborne has just told the House of Commons that the UK government expects the Eurogroup to discuss a new proposal from the Greek government at tomorrow’s meeting. As Osborne pointed out, the problem is that the political timetable for a deal isn’t moving as fast as the financial timetable in Greece.

Nick Cohen

Does anybody still believe that the EU is a benign institution?

Ever since Margaret Thatcher U-turned in the dying days of her premiership, there has been a kind of agreement between Left and Right on what the European Union is. Most Conservatives followed the late-vintage Thatcher. They stopped regarding the EU as a free market that British business must be a part of, and started to see it as an unaccountable socialist menace that could impose left-wing labour and environmental policies on a right-wing government. As many critics have said, the Tory version of British nationalism that followed had many hypocrisies. It did not want foreigners infringing national sovereignty when they were bureaucrats in Brussels but did not seem to mind

Sunday

James Forsyth

Greece says No, will Germany now try and kick it out of the Euro?

Greece has voted No in the referendum and resoundingly so. With more than 90 percent of the votes counted, No is leading 61% to 39%. The result is a massive humiliation for Eurozone leaders who have spent the last few days telling the Greeks to vote Yes and warning them that this was really a referendum on whether the country should stay in the single currency or not. Tonight, Syriza have been making clear that the Greek government intends to remain within the Euro. However, the German government is making clear that it is not interested in further negotiations with Athens or a new bailout deal. Sigmar Gabriel, the deputy

James Forsyth

German rhetoric suggests that they are preparing to try and kick Greece out of the Euro

Greece has voted No, and resoundingly so. But the reaction from Berlin tonight does not suggest that Germany is prepared to have any further negotiations with the Syriza government. The vice chancellor, and head of the SPD, Sigmar Gabriel has declared that “With the rejection of the eurozone’s rules of the game, which has been expressed in this majority ‘no’ vote, negotiations on further multibillion euro programs are scarcely conceivable.” Given that the SDP is more doveish than the CDU and the CSU on the Greek question, this sounds like Germany has given up on trying to strike a deal and now wants Greece to leave the Euro. Indeed, one

James Forsyth

Greek voters say Oxi, what will the Eurozone do now?

With half the votes counted, the No side in the Greek referendum is leading by 61% to 39%. With this lead for No at this stage in the count, it seems certain that it has won. The question now is how the Eurozone will react to this result. Before the vote, the Eurozone powers made clear that they wanted Greece to vote Yes. The Germans, French and Italians all repeatedly warned the Greeks that this was effectively a vote on whether to stay in the Euro or Not. Jean-Claude Juncker even hinted that this was a referendum on whether Greece should stay in the EU or not. So, what will

Fraser Nelson

The Greeks have voted 'no'. Now, the real crisis will begin

In a landslide vote, the Greeks have said ‘no’ to the latest EU bailout deal – and, perhaps, to the Euro itself. Alexis Tsipras will stay as Prime Minister, and treat the result as a mandate to negotiate a better deal. But that’s not how the Germans see it: their economic affairs minister, Sigmar Gabriel, has just told the Tagesspiegel newspaper that the Greek ‘no’ has just ‘torn down the last bridges on which Greece and Europe could have moved towards a compromise’ and furthermore: ‘With the rejection of the rules of the eurozone … negotiations about a programme worth billions are barely conceivable.’ So events may now well spiral out of anyone’s control. Here’s what we’re facing… 1)

Ed West

Globalists v localists: the new reality of 21st century politics

Tonight it looks like the Oxi’s have it, and Greece’s fraught relationship with the Franks has reached a new phase, with possible Grexit coming; that’s assuming the exit polls are correct and that this whole torturous episode doesn’t continue. Whether Grexit takes place or not, though, the whole episode has fundamentally damaged the European Union by undermining the very idea it was built on – solidarity. If you ever get Irish people on the subject of the Great Famine, the essential point they always make is that had the potato blight hit Yorkshire, no one would have starved because London would have come to its aid. Yorkshire is the example

Charles Moore

The IMF doesn't need to be run by a European

How much longer should the IMF be run by a European? The job of the fund is to assist any member country which is in trouble, not to advance the dream of European integration. So far, since it all began after the war, the IMF’s managing directors have been Europeans, most commonly French. The current one, Christine Lagarde, is a French former politician, as was her predecessor, the socialist sex-maniac Dominique Strauss-Kahn. In her opinion, the needs of the EU trump everything, but that is a political view, not a financial one. It must be annoying for the scores of poorer, non-European IMF members — e.g. the Philippines, Mexico, Jamaica — to

Saturday

James Forsyth

Which way will Greece vote?

This time tomorrow, we’ll have had the first projections from the Greek referendum. We will have an idea as to whether the country has said Oxi or Nai. At the moment, the polls make the referendum too close to call. Whatever the result, there’ll be no quick deal between Greece and its creditors. But if the Greeks vote Oxi, then the country could be forced out of the Euro by the ECB cutting off assistance to its banks. If that were to happen, then the Eurozone would have to move to integrate very quickly to prevent Portugal, Italy, Spain and even France being pushed towards the Euro exit the next

Charles Moore

Does the EU want the Greeks to vote for Golden Dawn?

If Greece does vote Yes, and Mr Tsipras has to go, who is left to run the country? The voters have tried all the main parties, only to find them broken by the demands of the eurozone. The only category left is the extreme right, so there would be a sort of desperate logic in electing the repulsive Golden Dawn party. Otherwise, there really doesn’t seem any point in having any more votes at all. Greek citizens — or rather subjects — might as well invite the satraps of the troika formally to take up the reins of power, sit back, and see how they manage. If they do not like

Friday

Isabel Hardman

Is Cameron ready for his European opportunity?

Could Greek voters back austerity measures to keep their country in the eurozone this weekend? Today’s papers cover a poll by GPO which put ‘Yes’ on 47.1 per cent and No on 43.2 per cent. This result would see resignations at the top of Syriza, but effectively no Grexit. If Alexis Tsipras’ gamble of saying he’ll resign if the country does indeed vote ‘Yes’ to the cuts demanded by Greece’s creditors pays off, and voters plump for Syriza’s preferred option of ‘No’, then David Cameron will find himself with what James describes in this week’s Spectator as a ‘glorious opportunity to craft a looser form of EU membership’ because the

Thursday

William Cook

Watching the next war

Late last month, on a windswept plain near the Polish town of Zagan, the defence ministers of Poland, Germany, Norway and the Netherlands joined the Nato secretary-general, Jens Stoltenberg, to watch Nato’s response to Russia’s incursions into eastern Europe. The dramatic culmination of a week of military manoeuvres, Exercise Noble Jump was a spectacular show of force by Nato’s new VJTF brigade. More than 2,000 troops from nine countries fought a fierce mock-battle against irregular militia, with live ammunition. Huddled in the attendant press pack, struggling to insert my earplugs, this awesome demonstration felt like confirmation — if any were needed — that Europe stands on the brink of a

Wednesday

James Forsyth

Greek referendum going ahead as Tsipras again urges No vote

After much speculation that the Greek referendum was about to be cancelled, Alexis Tsipras has just appeared on Greek television to confirm that it is going ahead and to urge people to vote No. He said that those saying a No vote would mean Greece leaving the Euro were telling lies. He argued instead, that a No would strengthen his negotiating hand and allow him to achieve a ‘social deal’ which would be easier on the poor and pensioners. Everything now turns on the result of the referendum. If it is a Yes vote, the Syriza-led government will almost certainly resign and one can see how the country’s creditors could