Saturday May 17 2008
All times are London time

Search Quotes in the FT.com site
FT Logo

August 31st, 2007

Illegal immigration figures

Spotted this in a stack of written questions from MEPs to the European Commission:

"What figures has the Commission of the numbers of immigrants who registered to study in member states, but who never turned up at the institutions and became, instead, illegal immigrants?"

It might not surprise you to know that it’s from Robert Kilroy-Silk, the perma-tanned, British, ex-chat show host (learn more)

Here’s the answer, from Franco Frattini, EU immigration commissioner:

(more…)

August 21st, 2007

Could Russia inspire a joint EU foreign policy?

Whatever one thinks of Vladimir Putin’s Russia, its hardnosed diplomacy has traditionally got results when dealing with the bickering European Union member states. Divide and rule has been a successful policy, culminating in Germany’s decision to help build a gas pipeline that would bypass Poland and the Baltic states. Now, however, Moscow seems to be engaged in scattergun attacks on EU countries – which could rebound on it.

This week it crossed two of its traditional supporters in the bloc: Italy and Sweden.

(more…)

August 14th, 2007

Tough environmental targets fuel talk of flexibility

It doesn’t usually take long before the glitz of a European Union summit rubs off. Commitments signed up to amid a fanfare of rhetoric quickly become tarnished. There was a fascinating glimpse behind the shiny green paintwork of the target of sourcing 20 per cent of energy from renewable targets this week – and it wasn’t pleasant. The Guardian newspaper got hold of a government memo showing British bureaucrats are already looking for ways to erase what their leaders signed up to in March. They are lobbying governments and senior Commission officials for a “flexible” interpretation of whatever individual target the UK is assigned, so they can build solar farms in Africa or count nuclear generation. Investing in renewable sources at home is just too expensive.

It would be understandable if the Brits, like the poorer eastern Europeans, had tried to sabotage the idea from the outset. But instead Tony Blair, burnishing his green credentials, welcomed it.

Another "groundbreaking, bold" commitment (Mr Blair’s words), to source 10 per cent of transport fuels from plants by 2020, looks every bit as ugly.

(more…)

August 13th, 2007

What Brussels should do about Washington’s latest security clampdown

Once again, Europeans are fuming over a US measure designed to combat the threat of global terrorism. This time round, it is the tightening of US immigration and customs rules that have sparked anger in Brussels and other European capitals. According to a recent bill that implements the recommendations of the 9/11 Commission, European citizens that currently don’t require a visa to enter the US will have to notify US authorities a certain period of time before departure.

While tourists and business travellers will find this requirement annoying, to say the least, the much greater threat to the transatlantic economy is posed by a second new measure - namely the requirement that every single cargo container shipped or flown into the US must be screened before sent across the Atlantic.

Since the bill was signed into law by George W. Bush, the US Department of Homeland Security has been keen to play down the effects of the new measures. In particular, it stressed that - contrary to earlier reports - travellers would not have to register with the US authorities 48 hours before every departure, but only once every one or two years. On container screening, the department said it will work closely with the country’s trading partners to ensure the measure don’t damage global trade flows.

(more…)

August 7th, 2007

Small squall in the Pacific, some feelings hurt

Trade deals garner headlines and photo opportunities. The talks leading up to them tend to be rather more mind-numbing, as countries haggle over whether pig bladders should be considered a sensitive product and just how many widgets should be allowed in tariff-free.

Trade talks between rich and poor countries have the added spice of David vs Goliath about them. With Doha apparently comatose once again, attention in Brussels has turned to negotiations with 78 ex-colonies.

The African, Caribbean and Pacific group (ACP) enjoy a quasi-marital relationship with the EU. It is enshrined in a legal document, the Cotonou agreement, and includes privileged access to EU markets. That arouses the jealousy of other poor countries that threw off their colonial yoke earlier, such as Latin America.

They have challenged the cosy arrangements at the World Trade Organisation and won enough battles to force a rewriting of the marriage vows by the end of this year. These will not be trade deals but "economic partnership agreements", a concept dreamed up in the Brussels bureaucracy. It wants to create clones of iteslf, with regional common markets that trade with each other and achieve economies of scale.

(more…)

August 5th, 2007

Time to hang up on roaming campaign?

And the EU’s mobile phone roaming debate goes on…and on…

Brussels recently revealed its “name and shame” website. This shows whether telecoms companies are slashing the cost of international phone use, as demanded under a controversial new EU law.

By and large, it shows that they are. Big deal? Not really, given the spotlight they are under.

(more…)

August 1st, 2007

Words of warning from Washington on financial stability

Brussels famously shuts down completely in August. There are no Commission meetings, no Parliament sessions and no backroom dealings between national diplomats in the Council. There are no press conferences, no announcements and even the ranks of Brussels’ 15,000 lobbyists appear to have thinned out. In other words, it is the perfect time to either take a holiday or spend an hour or two leafing through the latest International Monetary Fund report on the Eurozone. I chose the latter option, and having waded through almost 70 pages of colourful little graphs and bone-dry economical analysis I thought I might as well share some of the highlights.

Perhaps the most interesting issue raised by the Washington-based institution concerns the threat to financial stability in the Eurozone. The IMF’s experts point out that the Eurozone (the same might just as well be said about the EU as a whole) is prone to a very peculiar risk deriving from the gap between market integration on the one hand and the lack of supervisory integration on the other hand.

(more…)


More FT Blogs and Forums

  • Economists' Forum Leading economists and the FT's chief economics commentator, Martin Wolf, debate the big issues

  • Clive Crook's blog The FT's chief Washington commentator blogs about intersection of politics and economics

  • Gideon Rachman's blog The FT's chief foreign affairs commentator on world issues and his travels

  • Westminster Blog By our UK Parliament writers

  • The Undercover Economist Tim Harford's blog on economics in everyday life

  • Willem Buiter's Maverecon The LSE professor blogs on 'economics, politics, ethics, religion, culture, free and open source software (FOSS), and whatever'

  • John Gapper's blog FT chief business commentator talks about business, finance, media and technology

  • FT Alphaville Instant market news and commentary for finance professionals

  • Management Blog A forum for the latest thinking about the issues that preoccupy managers around the world

  • Dear Lucy Columnist Lucy Kellaway and readers solve your workplace woes

  • FT Tech Blog Our San Francisco and world correspondents look at the intersection of technology and business