Saturday, 10 December 2011

UK flunked in Europe

If blocking an EU treaty fix between 27 members and complicating the euro rescue mission was not the finest hour of UK prime minister David Cameron and deputy prime minister Nick Clegg, what was it?

Sony Kapoor of Re-Define flunked both the European Council and UK government.

The NYT IHT discusses the pros and cons of UK government the wisdom with regard to the future of the City: In Rejecting Treaty, Cameron Is Isolated.

Spiegel Online International tries to make David Cameron's acting against a background of anti-EU sentiment comprehensible for European readers, while preparing them for the next British blockades: The Man Who Said No to Europe.

PlaceLux.EU tries alternative history writing by exploring: How Cameron's kamikaze act could have been prevented.

MarketWatch was fairly upbeat about the fiscal compact between the EU member states minus Britain, but cautious about the ECB stepping up to the huge task of calming sovereign bond markets: New EU deal leaves ECB nowhere to hide.

Before the number of fiscal compact participants shrinks back somewhat, The Guardian noted Britain's unprecedented loneliness in the European Union: UK isolation grows as three more countries reconsider eurozone treaty.

The Economist has covered the EU summit(s) from a number of angles, naturally keen to discuss domestic British issues. From Bagehot's notebook: The moment, behind closed doors, that David Cameron lost his EU argument last night.

Earlier in the day, Bagehot had written: Britain, not leaving but falling out of the EU. If you have ever had doubts about the Britishness of The Economist, read: 'we have started falling out'. Bagehot sees Cameron's No as an indication of his weakness within his own party, which led him to walk away empty-handed, but the blog post also offers a detailed discussion about different aspirations in the UK and Europe.

Charlemagne's notebook contributed with Europe's great divorce, right after the fateful all-nighter in Brussels.



Ralf Grahn