Brexit stirs up Euroscepticism in the French right – EurActiv.com

EurActiv reports that nominally a supporter of the European project, Nicolas Sarkozy‘s Republican party has made increasingly frequent attacks on the European Commission (EC), which it accuses of “pushing out the UK and letting Turkey in”.

Source: Brexit stirs up Euroscepticism in the French right – EurActiv.com

This is an amazing new development from the French Republican Party. Accusing the  EC of “pushing out the UK and letting Turkey in” is an amazing powerful rhetoric.

Personally, I would not be surprised with a major policy intervention from Germany‘s leader, Angela Merkel ahead of the Brexit vote. Although Merkel has often been slow to react, she might well reason that it will cost Germany less to intervene before the vote rather than pick up the damage if there’s a pro-Brexit vote.

Thoughts?

What’s The Matter With France? – Paul Krugman -NYTimes.com

Paul Krugman, Laureate of the Sveriges Riksban...

Paul Krugman, Laureate of the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2008 at a press conference at the Swedish Academy of Science in Stockholm (Photo credit: Wikipedia)

This is a MUST-READ article from Nobel winning economist, Paul Krugman, in the NYT. Check it out!

via What’s The Matter With France? – NYTimes.com.

Krugman takes a hard look at the data on France and guess what France isn’t do so badly after all. This is good news for the new French government.

But sadly that’s note enough. Unless Germany reflates France will still struggle. So perhaps, the former French Finance Minister was right – the problem’s really with Germany, not France!

Thoughts?