Europe Could See Another Brexit-Like Rupture—Beyond Spain - Hallo friendsNOT SOME IMPORTANT INFORMATION, In the article you read this time with the title Europe Could See Another Brexit-Like Rupture—Beyond Spain, We have prepared this article for you to read and retrieve information therein. Hopefully the contents of postings Article capital markets, Article economy, Article health, Article News, Article politics, Article sports, We write this you can understand. Alright, good read.

Title : Europe Could See Another Brexit-Like Rupture—Beyond Spain
link : Europe Could See Another Brexit-Like Rupture—Beyond Spain

Europe Could See Another Brexit-Like Rupture—Beyond Spain

Some of the great moments of history sneak up on businesspeople. Two years ago, Britain looked to be Europe’s most economically rational country; now its companies seem to be rolling from one economic earthquake to another, with Brexit looking increasingly likely to be followed by the election of a near-Marxist prime minister, Jeremy Corbyn.

Looking back, two things stand out. First, there were some deep underlying “irrational” causes that business ignored, such as the pent-up anger against immigration and globalization. Second, there was a string of short-term political decisions that proved to be miscalculations. For decades, for example, attacking the European Union was a “free hit” for British politicians. If David Cameron had it to do over again, would he really have made the referendum on whether to stay in it a simple majority vote (or indeed called a vote at all)? Does Angela Merkel now regret giving Cameron so few concessions before the Brexit vote? Would the moderate Labour members of Parliament who helped Corbyn get on their party’s leadership ballot in the name of political diversity really do that again?

Now, another rupture may be sneaking up on Europe, driven by a similar mixture of pent-up anger and short-term political maneuvering. This one is between the old West European democratic core of the EU, led by Merkel and increasingly by Emmanuel Macron, who are keen to integrate the euro zone, and the populist authoritarians of Eastern Europe, who dislike Brussels. This time the arguments are ones about political freedom and national sovereignty.

Later this month it looks likely the Czechs will have a new Trumpian prime minister—Andrej Babis, a populist billionaire who wants to send Arab immigrants back home and promises to make the government work as well as his businesses do. To be fair to Babis, he’s a rather more subtle figure than the American president (not to mention a more successful businessman). He is, for instance, careful to emphasize his respect for the judiciary and, on immigration, he welcomes newcomers from Ukraine, pointing out that he himself comes from Slovakia. His main appeal is efficiency (he fumes about his former coalition partners playing with their phones in cabinet meetings). READ MORE

Thus Article Europe Could See Another Brexit-Like Rupture—Beyond Spain

That's an article Europe Could See Another Brexit-Like Rupture—Beyond Spain This time, hopefully can give benefits to all of you. well, see you in posting other articles.

You are now reading the article Europe Could See Another Brexit-Like Rupture—Beyond Spain with the link address https://notsomeimportant.blogspot.com/2017/10/europe-could-see-another-brexit-like.html

Tweet

Subscribe to receive free email updates: