Dire Warnings, Empty Threats
While Europhiles tell Britain that leaving the EU will spell a disaster of apocalyptic proportions, Switzerland recently topped the global innovation index again. This represents a three year streak for the small nation. What should be clear to anyone is that if Switzerland was a Member State it would not be topping any indexes. It… Read more
Croatia bends the knee.
Croatia has joined the ranks of countries that are being taken for a ride by Brussels. The nation is still suffering recession, one out of five of the populace is unemployed, and its public debt is 62.5% of GDP. They will be in good company. Membership will inflict a severe toll on the fisheries and… Read more
The argument to stay is bankrupt.
The pro-Brussels tendency is known for propagating scare stories about the negative impact Britain will suffer from an exit from the EU, asserting that it will be impossible for the UK to sign favourable trade deals and its bargaining power will diminish. These are common complaints, but very little is brought forward to justify this… Read more
MEPs claiming expenses for doing nothing.
You could say SISO is a name for the system by which MEPs claim back expenses. They are entitled to €300 per day for food and accommodation during their workdays at the European Parliament. It turns out that in practice, many MEPs turn up, claim their expenses and leave without doing any work, and so… Read more
Brussels losing grip.
Today the EU is facing multiple challenges: flatlining economies, severe youth unemployment, low growth and lack of competitiveness. One would assume the bloated bureaucracy of Brussels is occupied with combating this alarming state of affairs. In fact, a crusade against the appeal of tobacco appears to be a more pressing concern, as they revealed plans… Read more
A Question of Legitimacy.
President Obama warned Europe that they risk creating a lost generation if they don’t alter their economic policies and prioritise improving people’s welfare. He noted the particular danger of youth unemployment, which is at 24% in the Eurozone countries and far higher than the 16% rate of joblessness of youth in the US. Of course,… Read more
Down the drain.
The European Commission has suspended aid to Egypt after it has emerged that £500 million disappeared without a trace in the last five years. The sum was supposed to counter corruption, promote human rights and democracy, but the European Court of Auditors criticised it as an utter failure. The problems in Egypt had been sharply… Read more
Iceland refuses to join the EU.
Iceland abandoned its EU membership bid amid a recovering economy that grew by 2.4% this quarter and an unemployment rate which fell to less than half the EU average. The sudden and dramatic improvement from one of the worst hit by the recession makes Iceland stand in stark contrast to the ailing nations of the… Read more