Welease Wodewick!!
i will be mightily pissed off if Eurostar ceases to exist.
Yeah, but do you really want your tax payer money going to bailout an enterprise which is 60% owned by other states?
90% owned overseas, with the only British firm having a holding being Hermes?
i will be mightily pissed off if Eurostar ceases to exist
I am surprised that Farage hasn’t been campaigning to fill in the tunnel
Well considering we have been hands off a load of our businesses we should be applying the same criteria to Eurostar - ie the company must do absolutely everything first
SNCF should be putting their hand in their pocket first
That said - it wouldn’t disappear, they would go bust then the administrators would sell the assets to another operator
If govt money is put in then it should be in return for a massive equity stake - this is what happens by when the creditors have to bail out a business - they swamp the shareholders.
put that on the table and I bet macron finds a few quid down the back of the chaise-longue
Says they are approaching British and French Govnt for discussions on finance. Obviously any bailout should be proportionate to stake / interest.
The thing that has ALWAYS annoyed me:-
- about the argument to privatise things is that national operators don’t work.
- a good deal of our former infrastructure is now a profit making enterprise for state owned firms
Perhaps Brexit is a factor in this, but it’s really more to do with the Eurozone. Italy’s finance minister reckons that the only long term future for the Eurozone is to become a single country.
That’s probably a view that a lot of economists share, but not something that I can see being universally welcomed within the Eurozone or in the wider EU.
As @scotty pointed out, the ability to print and/or devalue your own currency is very handy. It’s a tool these countries just don’t have - and while Eurozoneland might be the obvious solution, it’s predicated on keeping the Euro.
The result, I reckon, would be Napoleon or Hitler’s wet dream. A buffered empire, captured intact, with all the dosh in one place. The price of getting on the inside is joining Eurozoneland, subservience and your treasury.
…along with the ability to set interest rates to suit the UK. The first major problem the Eurozone hit almost immediately was that Portugal and Germany (among others, obviously, those were the two ends of the scale at the time,) required vastly different rates for their own local economies.
Guess whose rate prevailed. Just take a wild stab at it.
The Portuguese?
Nah, just messing. It was the Germans, wasn’t it?
I think it points to a fundamental issue with the EU. There are too many losers and too few winners. Germany is going gangbusters in world trade. The Dutch are doing the best with EU trade. The Belgians get some glue to hold their states together. The French get massive subsidies and food price controls for their inefficient supply chain.
The Eurozone is great for the Northern rich countries. It isn’t for the Southern countries, who’ll still be scapegoats even if they become compatriots.
I can’t see it happening. It’ll fold before it does. It’ll be interesting to see how a Eurozone country goes about leaving the EU though. A condition of membership is that you hand over your treasury to the ECB.
I’m sure there’s an easy refund process
They may destroy themselves.
EU now want to impose sanctions on Poland because of the abortion law.
Now obviously something must be done but sanctions?
Hmm
I was actually going to mention Eastern Europe. What a boon that must be for the more outwardly progressive members of the European Union. Not only do the rich industrial countries get cheap labour, home or abroad, it also gets to pitch itself as relatively civilised compared to the former Communist barbarians to the East.
Poland is a hugely Catholic country, much like the Republic of Ireland, who let’s remember, have only recently overturned their ban on abortion. Was the EU ever going to sanction them?
Think Oteland had more concessions than here.
What infuriates is it is illegal to abort even if there is damage to the Foetus and no chance for it to survive because a male minister wants every human to have the chance to be baptized…
Or close to that
This is a very amusing piece, written by a Remainer, pissed off that things haven’t gone entirely to shit! Very tongue-in-cheek, of course.
Hmmmm
This may hang around for a while like a bad smell
They’ll be moving it to a date after fleet managers across the country have bought enough BMWs this year
The US have dropped the tariffs against Uk products that were imposed by Trump in the Airbus / boeing spat
Liz Truss seems to be doing a reasonably competent job getting these trade deals over the line
So this NI protocol was meant to protect the GFA
It’s not so much the protocol. It’s really the way that it was implemented to allow the EU to save face over its COVID vaccine calamity.
In that moment, it proved it neither knew nor cared much about what Ireland thought. I don’t think this renouncement would have happened without it.
Oh I’m sure the problem is because The EU don’t care about Ireland, and all the problems are their doing so that they could save face over their “Covid calamity”, did you pinch that from The Express?
It would appear that the Loyalist paramilitaries don’t agree, they are blaming the ‘Traitor Gove’, who is, of course a fanatical Orangeman and fierce opponent of the GFA, although he’s not alone in that amongst the new wave of Cabinet Ministers. The looming calamity on the island of Ireland is the inevitable result of Brexit, as has been pointed out and warned of constantly by anyone who knows anything about the subject for the past five years. It was inevitable, and the world and his wife knows it.
Johnson has never had any intention of implementing the protocol, he’s admitted it in private to his supporters and once, embarrassingly for him, in public during a speech he made after having too many drinks. Which was all well and good when his mentor was in the White House, but now, with a President of Irish descent? Good luck with that!