Matthew Lynn

It was meant to be a special relationship. After the tumultuous Trump years, President Biden was planning to reset relations with the European Union, Inherently liberal, rules-based, and engaged with climate change, it would be a natural ally, and far more so than a UK still tainted by Brexit. The Biden team were no doubt looking forward to working closely with officials in Brussels, Paris, and Berlin to repair the damage of the last four years and put the world on a more rational course.  But hold on. It is not going according to plan. There are already reports that the White House is growing increasingly frustrated with the EU. And in truth, that rift is only going to get wider and wider in the months to come.

You have to navigate the tricky etiquette of what to wear for Zoom meetings. That little black box in the corner has to be rebooted from time to time when the wi-fi goes wonky. You have to make your own sandwiches instead of popping out to Pret. And there is a severe risk of hand strain if you don’t have the right kind of ergonomic equipment while perched on the laptop in the kitchen.  There have, of course, been some challenges for the white collar classes as they make their way through lockdown. But, you know, all things considered, it is just possible that it hasn’t been that bad. The trouble is, it seems you can’t say that in public anymore – and if you do, like Bill Michael at KPMG, it will cost you your career. https://www.youtube.com/watch?

As non-apology apologies go, it was right up there with the best of them. Speaking to MEPs today, the president of the European Commission Ursula von der Leyen accepted that some ‘mistakes had been made’ in the procurement of vaccines against Covid-19.  Apparently the Commission had been a little too late authorising some of the shots, it had been a tad too optimistic about production, and not everything had gone according to plan. But, heck, these things happen, she went on to argue. And perhaps most crucially of all, the alternative would have been far, far worse.  'I can't even imagine if a few big players had rushed to it and the others went empty-handed,' she said.

The bankers would all move to Frankfurt. The hedge funds would all decamp to Zurich. The asset managers would be off to Paris and Dublin, and the lawyers, accountants and consultants would swiftly follow them.  For much of the last four years since the UK voted to leave the European Union, it has been assumed across most of the continent that one of the big prizes of Brexit would be repatriating the lucrative financial services industry out of the City of London to a series of European centres. Indeed, Paris was confidently expecting to boom on the back of all the business that would hop on the first Eurostar to make sure it stayed within the Single Market. But hold on.

Valdis Dombrovskis could probably do without his moment in the limelight. His spell as prime minister of Latvia, a country with a population of 1.9 million, was largely successful, at least until the collapse of a supermarket roof in 2014 brought his coalition to an early end.  Shunted off to Brussels, he worked quietly as commission vice-president for the euro and social dialogue– nope, I don’t know what the heck that means either – before being promoted to the slightly more important trade portfolio last year. Now it turns out he is responsible for what is rapidly turning into the biggest policy catastrophe in Europe since the Second World War, at least according to his boss.

The German Army had to join a NATO exercise with broomsticks because they didn’t have any rifles. It’s special forces became a hotbed for right-wing extremism. Working mothers were meant to get federally-funded childcare, to help fix the country’s demographic collapse, but it never arrived, and the birth rate carried on falling. Every child was supposed to get a hot lunch at school every day, but somehow or other it didn’t quite happen. There is a common thread running through the career of Ursula von der Leyen, the President of the European Commission. A series of catastrophic misjudgements, and a failure to deliver.

There are plenty of different ways in which Matt Hancock, the health secretary, can be criticised for his handling of the Covid-19 crisis. Track and trace didn’t work, lockdowns were sporadic and probably too late, and the messaging wobbled all over the place. But comparing the British vaccination drive to France and the rest of the EU? That was completely right. When Hancock remarked on Sky News yesterday that the UK had vaccinated more people in just three days than France had managed in total, his critics on social media went into a predictable meltdown. It’s not a competition or a race lectured the finger-waggers. We have only done one dose.

It is petty, small-minded, mean-spirited, and childish. It is certainly not difficult to think of a few adjectives to describe the UK’s decision to refuse diplomatic status to the European Union’s mission in London. Diplomats, and European ones in particular, take matters of status, protocol and etiquette very seriously, and the snub looks, on the surface at least, designed to diminish our closest neighbour. The ambassador for, say, Mozambique, or Honduras, has full diplomatic recognition, but not the person representing the 440 million strong trading bloc on the other side of the English channel. Wars have been started over lesser slights.  But hold on. Sure, you can argue that the UK is being silly. But so is the EU.

Rewind a few months, and it was all meant to be very different. With Covid-19 rampant across the world, the European Union would take charge of sourcing vaccines from the major drugs companies. Its massive buying and regulatory power, coupled with its finely-tuned administrative machine, would make sure its 440 million people were protected from the virus before anyone else. It would be a magnificent demonstration of the whole point of the organisation. The trouble is, not only has the project already started to come off the rails, it is getting worse with every day that passes. Europe’s vaccine alliance is crumbling with potentially far-reaching consequences. Europe’s vaccine alliance is crumbling with potentially far-reaching consequences.