Opinion – The Observer view on Brexit and the EU | Observer editorial | Opinion | The Guardian – John Gelmini

Dr Alf is right and to a point so is the Observer – Juncker, who is known to have a good fondness for fine wine, is part of the problem as is Merkel.

The UK will soon have a new Prime Minister and the Corbynistas will soon be marginalised by a new left of centre political party.

This new party and the Conservatives are going to have to start reflecting some of the concerns of ordinary people—It will not do to go on ignoring them, marginalizing them and dismissing them as racists, xenophobes as if they were all of the same stripe.

The EU is still badly run, is still riddled with fraud, and is soon to be faced with the costs of a Greek bailout, a bailout for Italy, the costs of the EU Army which is neither wanted or needed.

There is also the issue of Islamization, EU enlargement and the need to keep the whole thing intact whilst easing the UK out of the equation seamlessly and without contamination in the form of other lookalike “BREXITS”.

The EU, like the UK and like fish, has been rotting from the head down – it has been badly run and therefore needs reform both structurally and attitudinally.

People like Juncker and now Merkel need to be replaced with people with both vision and understanding and free movement has to mean free movement of the highly skilled, the exceptionally skilled and the linguistically skilled with strict numerical limits, an Australian style points system and a secure NI database with no spare numbers based on what is done in Singapore.

The EU has to stop regulating so much and creating red tape and European business has to be allowed to create jobs through exporting across all member states not just Germany.

With reform and improvement the EU can be made relevant for those who wish to remain after the UK has gone without the need for “punishment treatment as deserters”, “old people not being allowed a say”, “being made an example of so that others can be deterred from the UK’s example”, supposedly spontaneous demonstrations in the streets of London by people who feel “disenfranchised” by BREXIT and further encouragement of such demonstrations by people from the Observer’s mother newspaper, the Guardian.

John Gelmini

European Commission – Press release – Investment Offensive for Europe: EU Task Force identifies 2,000 potential projects worth €1.3 trillion

European flag outside the Commission

European flag outside the Commission (Photo credit: Wikipedia)

This is an important, must-read article published by the European Commission (EC). Check it out!

via European Commission – PRESS RELEASES – Press release – Investment Offensive for Europe: EU Task Force identifies 2,000 potential projects worth €1.3 trillion.

At last, Europe has started to act, rather than procrastinate. The numbers are truly enormous but so are the challenges.

Let me give you a flavor:

The Task Force report concludes that focusing on the right reforms, expanding the role of the private sector and developing an EU infrastructure market will help lift economic growth, competitiveness, employment and social wellbeing.

The Task Force has identified five priorities:

1. Improve the business environment

2. Develop national long-term investment plans

3. Provide technical assistance to help develop sound investment projects

4. Carry out value for money assessments

5. Promote innovative financial instruments

Personally, I would like to see a small number of extremely large, high-priority, projects fast-tracked, so that the benefits of major investment can start to spread across the wider economy.

On a more negative note, I worry about the process of identifying the projects. In particular:

  1. Are projects chosen because of their political sponsors?
  2. Are strategic projects given priority?
  3. Are projects ranked on their financial viability?
  4. How robust is the risk mitigation process?
  5. What processes will be deployed to protect against corruption?
  6. How will procurement processes ensure true value for money?

Thoughts?