Emmanuel Macron has warned that the EU “could die” as he issued a dire warning about the bloc’s economy, saying Brussels is “over-regulating and under-investing”. The Mail has more.
The French President told the Berlin Global Dialogue event that the EU was over-regulating and under-investing.
He also pointed out that both China and the USA outstripped the 27 member-bloc in economic output and investment.
In words reported by the Daily Telegraph, Macron said: “The EU could die, we are on a verge of a very important moment.
“Our former model is over – we are over-regulating and under-investing. In the two to three years to come, if we follow our classical agenda we will be out of the market.”
He has called for the member states to continue to pursue the banking union package – which aims to ensure the banking sector in the Eurozone and across the EU is stable, safe and reliable.
Does anyone really believe the EU is capable of not “over-regulating” anything? And how is banking union – involving the creation of even more central rules in Brussels – supposed to prevent such “over-regulation”?
Worth reading in full.
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As per The Lady of long ago… You sneer all you like, The Gentleman’s not for querying.
Rest in Peace, Maggie.
PS Are you aware of your spirit being alive with us down here somewhere? We need some of it.
If you subscribe to the view that history goes round in cycles, and if you think our present government is going to put us back where we were economically in the 1970s, then perhaps there’s some hope we may see a turnaround akin to the one Margaret oversaw…
I don’t see patterns like that but I fear the date you should have mentioned was 1945-51. Rationing continues and licenses were needed to buy building materials, for example.
And what of your fellow male posters who think women shouldn’t be allowed anywhere near politics, even to vote?
Don’t worry, I’m not expecting a response. After 3.5+ years on here, I know how this goes by now…
I be judgin’ the man by the man’s ideas and actions, Mogwai mi hearty
In other news, I see Trudeau has exited stage left… about time
REJOICE!
Wolves do not concern themselves with the opinions of sheep.
The Brits are in no position to sneer at anyone on any level. Genuinely an object of laughter and pity throughout the world now, including in the United States. SIxty years ago perhaps you could’ve talked about the crassness and coarseness of the Yanks. Today people like Trump look visionary in comparison to what our political class has to offer. He and the idiot kings that surround him are obviously woefully deficient when it comes to any true leadership but the Brits have sunk so low that they just simmer and boil and rot and sneer inside a goldfish bowl toilet, rolling in the muck of the greatness of their conceit.
Excellent last sentence. Almost poetic
Trump Derangement Syndrome is not just a disease of the Left. Those who you might think should be supporters and labelled far right by the BBC-Guardianistas also show TDS.
Honestly, I just want to see if he actually has any success in shrinking the state.
I’ve always assumed it was a lost cause and only inevitable collapse could bring about a reset.
I’m really curious to see whether this insane central planning system we have can be taken down by design. I remain skeptical, but also open minded.
If Trump has opportunities to sneer I hope he uses them to the max.
I love all the sneering, it just shows what bad loosers they all are. Each twisted little comment is as pointless as all the other twisted comments. They lost, end of.
I am waiting for someone to write a book about the irrational Trump Derangement Syndrome. The propaganda has gone deep.
Only 17 comments. I think I’m wasting my time writing this stuff. Time to take a long holiday.