February 14, 2014

Eurozone Crisis Is Just Getting Started

Jeremy Warner, Daily Telegraph

The Associated Press

On the face of it, they seem worlds apart. Switzerland’s referendum vote against the free movement of labour, the ruling by the German Constitutional Court on the European Central Bank’s (ECB) attempts to save the euro, and the warning to Scotland that it won’t be allowed to keep the pound if it votes for independence – these might seem unrelated, but in truth they are all part of an increasingly explosive stand-off between the forces of national sovereignty on the one hand, and political and economic integration on the other.

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TAGGED: Eurozone, Europe, European Central Bank, UK, Scotland, Switzerland


February 11, 2014
The Threat of Another Euro Crisis
Gideon Rachman, Financial Times
The intellectual groundwork has been laid for a “stab-in-the-back” theory that will explain Germany’s problems by reference to the illegal and improvident acts of the European institutions more ››
February 10, 2014
Europeans Are Telling the EU to F*** Off, Too
Alex Berezow, RCW
Now, the EU is upset. Or, at least Angela Merkel, the de facto empress of the EU, is pretending to be. However, what you won't hear in all of the press coverage is that "f*** the EU" is a rather common sentiment, particularly... more ››
February 12, 2014
Why the Swiss Slammed the Door Shut
Peter Hartcher, SM Herald
The Swiss are among the wealthiest people in the world, with income per person double Britain's. They also boast the lowest unemployment rate in Europe, less than 4 per cent. more ››
February 10, 2014
Switzerland: Land of Money & Fear
David Nauer, Der Spiegel
Switzerland's economic success is enviable, yet its people fear decline. On Sunday, voters approved a plan to reintroduce immigration quotas. The move is likely to create significant problems for the country's relations with the... more ››
February 11, 2014
The Swiss Vote for Isolationism
Wall Street Journal
Swiss voters narrowly approved an anti-immigration ballot measure Sunday. The margin was thin, 50.3%, but the effects could be wide-ranging and damaging. Switzerland is not a member of the EU, but agreements with Brussels allow... more ››