Finnegan's Take

Archives for EU Treaty & Institutions

Always say never

Over the past 18 months, observers have noted the alarming frequency with which things that were once ruled out of hand by EU leaders have become the norm. It began with the mantra-esque refrain of “We won’t bail out Greece”, which ultimately morphed into a commitment to back Athens to whatever extent becomes necessary. This… » read more

Posted by Gary Finnegan

At every turn the euro crisis gets harder to solve. With every emergency meeting; with every short-term fix, a credible solution to the eurozone’s debt mountain becomes less likely. Europeans are sick of living in a state of permacrisis. We have grown numb to the real urgency that surrounds the problem because the news headlines… » read more

Posted by Gary Finnegan

Too many Europes

At a time when Europe is in crisis, it’s alarming to see so many conflicting statements from its leaders EU Compeittion Commission Joaquin Almunia said today that Ireland’s bank guarantee, introduced in September 2008, was a mistake. I think you’d struggle to find an Irish person who hadn’t come to the conclusion two years ago,… » read more

Posted by Gary Finnegan

EPP leaders are doing their bit to help elect Fine Gael Last week, I moaned a bit about European Commission President Jose Manuel Barroso treating Fine Gael leader Enda Kenny to a photo opportunity in Brussels. I wondered if it was a bit paranoid to think that Barroso was heping his EPP buddy out by… » read more

Posted by Gary Finnegan

Irish bookmakers are betting the Lisbon Treaty will win between 60% and 65% of the vote in October’s (2nd) referendum on the issue, but are nervous about getting it wrong (again). Paddy Power – Ireland’s biggest bookie – is offering odds of 1/6 on the Treaty being passed, citing the legal guarantees agreed in June… » read more

Posted by Gary Finnegan