Current Size: 68%
German investment is low while German borrowing costs are at record lows. Convincing the German government to invest will not be easy, for political reasons.
A group of experts finds that, after leaving the EU, the UK would face an invidious choice: sign up to the single market’s rules, or suffer economic damage.
The EU needs economic and political federalism. And it should be more respectful of democracy. That means Jean-Claude Juncker should become Commission president.
The Commission needs a strong president. But if the Parliament gets its way and imposes a ‘designated candidate’, the Commission will have a weak leader.
The West and Russia both support devolution in Ukraine. But unless Ukraine first makes central government work, increased local powers will make things worse.
The problem with ‘federalism’ is that most European citizens do not want it. This makes the federalist proposals in Tony Giddens’ new book unrealistic.
If Britain leaves the EU, the City of London will lose access to European markets – unless the UK aligns its financial rules with those of the EU.
If the Scots vote to leave the United Kingdom, what is left of it will be more likely to leave the EU.