Euro Doom

RIP the EU:

French President Emmanuel Macron spoke at the Berlin Global Dialogue this week, an event focussing on ‘shaping a new economic era’, making stern warnings that China and the U.S. were leaving the European Union behind in key areas of development, and calling for reform to catch up. The remarks are just the latest instance of the French leader warning the EU faces death if it doesn’t follow his lead, having previously used the word to describe the threats he perceives from Russia, and his own political rivals on the right-wing. Addressing the forum, Macron said: “The EU could die, we are on a verge of a very important moment… Our former model is over – we are over-regulating and under-investing. In the two to three years to come, if we follow our classical agenda we will be out of the market.”

No more Europa dreams...