Stanley Pignal @spignal
Charlemagne columnist & Brussels bureau chief, The Economist. Past stints in Paris, Mumbai, London. Français. Personal feed. Bio 👇. [email protected] medium.com/@spignal/stanl… Brussels Joined November 2008-
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Cashmere Che Guevara is the new Champagne Socialist ("Caviar Left" is the preferred phrasing in French)
Cashmere Che Guevara is the new Champagne Socialist ("Caviar Left" is the preferred phrasing in French)
My Charlemagne this week on the question consuming Brussels: will Ursula von der Leyen get a second term? You wouldn't bet against her, but it won't be as straightforward as it once looked. economist.com/europe/2024/04…
Who really owns the Jewish Chronicle? Why the total secrecy? And how can Robbie Gibb reconcile being a BBC director with being nominal “owner” of the @JewishChron, which thinks the BBC hates Israel? My column prospectmagazine.co.uk/ideas/media/65…
To raise a low-paid worker's wages by €100 after tax can cost an employer €500 or more. For all the talk of competitiveness and AI and industrial policy, this is probably one area Emmanuel Macron (and other EU leaders) could focus on? ^@sc_cath @AntoineBozio @EtienneWasmer
Frightening how the Macron camp is headed for a mauling at the hands of Le Pen's Rassemblement National at upcoming EU elections. Jordan Bardella is making his campaign points clearly, against which the centrists highlight the number of amendments to EU legislation he has filed.
Empty the dishwasher once in a while?
16,565 words of Macronism, now live! (that would be about 17 pages of a normal-sized magazine)
16,565 words of Macronism, now live! (that would be about 17 pages of a normal-sized magazine)
People had hoped Sorbonne 2 would be like the Godfather 2 or Terminator 2: where the sequel turned out better than the original. It was more like Home Alone 2: essentially a remake, mainly a reminder of why the original had been a hit and the protagonist looks a bit older.
COULD HAVE PUSHED THIS OUT EARLIER, EUOBSERVER
One might have thought "I've been too long" was the mark this was coming to an end
Macron: "I've been too long, I know." Audience: *nervous laughter, relief*
Macron is now past 1:38 mark of Sorbonne I. The length is unsurprising given there is a mix of grand philosophising (Europe is dying!), very nitty-gritty (no social networks for under 15s, no Basel III bank regulations) and a lot in between. Still. It's a bit long.
Macron now past 1:30 mark. Sorbonne I was 1:38. We are now at the stage of him calling for European libraries' alliance.
A lot of what Macron is saying - supend some competition rules, much more industrial policy & nuclear, Buy European rules for defence - will be very hard to sell to many EU countries. This is a very French wishlist speech, not a "this is where the consensus might lie in Europe".
Macron cites Letta report on single market, then says Europe should do exactly the opposite of what Letta advised -- Letta wants more directly-applied EU regulations, Macron says member states should apply EU directives in a flexible way.
Bit worried at the number of times Macron is saying "and I shall come back to this later". We could be here a while, people.
Sophie Pedder @PedderSophie
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2K Followers 342 Following @POLITICOEurope Senior Finance Correspondent. Off the record, on the QT, and very hush-hush. Email: [email protected] RT not endorsement.Alessandro Aresu @alearesu
8K Followers 2K Following Solo opinioni personali, poi Sardegna e bottarga. Ultimo libro: "Il dominio del XXI secolo" (Feltrinelli, 2022).Vincent Pons @VinPons
6K Followers 3K Following Associate Prof @HarvardHBS. Affiliate @nberpubs @cepr_org @jpal. Cofounder @Explain_Data. Column @LesEchos. Political economy, development, tech.Anna Colin Lebedev @colinlebedev
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3K Followers 2K Following Nordic correspondent for the Guardian | tweets/views my ownTobias Gehrke @TGehrke_
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19K Followers 1K Following Senior Politics Reporter @POLITICOEurope 🇩🇪 🇳🇱 🇪🇸 🇫🇷 🇮🇹 🇺🇸 ■ Berlin ■ Brussels ■ Buenos Airesphoningpoliticians @pols_on_phone
15 Followers 0 Following Dedicated to those all-important photos of politicians looking earnest as they speak to other politicians on the phone.Catherine Fieschi @CFieschi
4K Followers 5K Following Comparative political analyst. Populism, authoritarianism, social and pol identities. Fellow @EUI_SchumanLots of views on 'quo vadis' EU regulation at the moment. @EmmanuelMacron yesterday & @EnricoLetta the week before. Here @vestager today: "Competitiveness is borne out of free and fair competition. It is not engineered by distorting competition rules." ec.europa.eu/commission/pre…
Slide de @AntoineBozio et @EtienneWasmer 😳
@spignal Je crois que je vois où vous voulez en venir.😉 La 🇫🇷 a "en même temps" l'un des Smic nets les plus élevés de l'OCDE et les coût du travail au niveau du Smic les plus faibles (en % du salaire médian).🙃 Cette politique d'allègements de cotisations n'est-elle pas allée trop loin ?
Emmanuel Macron plaide pour une « force d’intervention » européenne de 5 000 hommes, dont on parle depuis le sommet d’Helsinki de... 1999. lopinion.fr/international/… via @lopinion_fr
Alors je pose ça là : Le parti de Marine Le Pen veut que la BCE aide à financer la transition écologique bloomberg.com/news/articles/… Et puis La Banque de France dit que ce n'est ni désirable ni possible bloomberg.com/news/articles/…
@Newsbaum_ @EmmanuelMacron @ecb Comme c’est bizarre !
We saw the other side during the last Council, when a group of 10 countries fought back against FR-DE plans for a capital markets union. Thing is, the other side has no spokesperson, and the Commission is leaning toward Macron on all of these subjects.
A lot of what Macron is saying - supend some competition rules, much more industrial policy & nuclear, Buy European rules for defence - will be very hard to sell to many EU countries. This is a very French wishlist speech, not a "this is where the consensus might lie in Europe".
@spignal It is a clear message in response to Chinese raids of EU companies
Les Commissaires sont choisis/élus par le Conseil et confirmés par le Parlement comme la plupart des gouvernements démocratiques.
@GerardAraud MAIS LES COMMISSAIRES SONT PAS ÉLUS ! (euh les ministres français non plus remarque) Tant que le Conseil joue un rôle prédominant, la question du contrôle démocratique ne se pose pas vraiment. Et le parlement donne une légitimité sur certains dossiers.
The colonialist overtones of EU’s green trade crusade on.ft.com/3UhjAck
Just published: front page of the Financial Times, international edition, Thursday 25 April on.ft.com/3xJ48hl
Ce qui est fascinant dans ce débat, c’est quand même qu’au ministère de l’économie, on a longuement réfléchi au design de la fiche de paie, et personne n’a pensé à s’insurger du fait que quelqu’un qui produit 2350 balles reçoit 1280 en net à la fin du mois (avant TVA).
Nous voulons simplifier le bulletin de paie pour améliorer sa lisibilité. Ma proposition est de passer de plus de 50 lignes et à une quinzaine. ↓ PS : l'intégralité des informations restera disponible sur demande par le salarié.
@spignal @KobeissiLetter Unless I made a mistake EU GDP= EUR 17 trillion (2023) Government expenditure (% of GDP, 2023)=50% Interest paid (% of govt expenditure, 2023)=3.5% EU population=450 million Interest expenditure per citizen (per day, 2023)=EUR 1.8 Probably quite a bit higher in 2024 though
Getting ready for PEC? @spignal
Carta a la ciudadanía.
@spignal Jucker to Tajani: this House is ridiculous! Tajani to Juncker : apologise! This happened at the end if the Maltese EU Presidency in 2017. Years later, we're still in this ridiculous situation.
Bizarre argument. Don’t let Ukraine in unless there is a smaller group (won’t happen) that it is not in and can erect trade barriers with Ukraine and others?
Should Ukrain join the EU? Yes, but on the condition to redefine the EU as a political community serving the rule of law and democratic pluralism, and to break away from the religion of free trade and competition as the solution to all problems lemonde.fr/blog/piketty/2…
@spignal You may also find this study on the same topic by the Netherlands Scientific Council for Government Policy interesting: english.wrr.nl/publications/p…