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An EU law text book for M de Villepin please

Showing the usual national disregard for EU law and institutions when they do not dovetail precisely with the Matignon's / Elysee's world view, de Villepin has been engaging in mischief:

"We can't let the European Central Bank act alone on the exchange rate," he said at a meeting with Airbus sub-contractors in Toulouse....Mr de Villepin also called for the creation of industrial giants with clout to defend Europe's "strategic interests" against the Americans and Chinese, and a shift away from free market competition policy set by Brussels. "Europe must apply the law of reciprocity in global trade when foreign practices are unfair," he said. Mr de Villepin also called for the creation of industrial giants with clout to defend Europe's "strategic interests" against the Americans and Chinese, and a shift away from free market competition policy set by Brussels. "Europe must apply the law of reciprocity in global trade when foreign practices are unfair," he said."(Source)

This, note, is from a prime minister who heads not a Socialist, but ostensibly a centre right administration.

Can't say I was aware of that particular Maastricht clause, but yet again I am glad sterling remains outside the euro. As to dV's rather ridiculous views on economics, someone should tell him that Colbert and mercantilism went out with square wheels. Has 'The Wealth of Nations' ever been translated into French I wonder?

Meanwhile, his commitment to the black hole of Toulouse remains undiminished: '[I will] do whatever it takes to save France's aerospace industry. "We will not let Airbus fail," he said'.
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Anonymous newmania said... 12:17 pm

You will recall my mention that EU competition laws are not as Americas and there is only a preference not to act monopolistically. The defence of this is that large EU companies are actually quasi state adjuncts run by families and networks of a ruling class .This what they like ion the continent . It is what they have always liked .
These differeing models of business are another part of the culture gap between the UK and the continent. (Or Europe as it used to be called)

It isn`t an option for us and it is a highly damaging model for us to follow. There are now so many reasons to get out that I am thinking it is time to organise in my local way a “Better off out “ cohort to proselytize within the party.


GRrrrrrrrrrrrrr  



Blogger Croydonian said... 2:02 pm

I am not a big fan of the EU in general, and it will come up with statements and policies that make one's hair stand on end. Still, at least the new boys are doing a bit to rein in the Gauls.  



Anonymous el rigger del mortice said... 10:49 pm

it's that sort of sentiment thatgot bae shareholders top dolar  



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