France

Wednesday

Alex Massie

Rick Perry: Texas Gaullist

I’m sure Karl Rove is, on this at least, correct: Rick Perry’s book will cause him problems for as long as he remains in the race for the Republican nomination. To put it gently, few Americans believe that Social Security and many other federal programmes are unconstitutional; even fewer are likely to vote for a candidate who was on record, as recently as last year, suspecting that they might be and that these matters were properly the purview of the 50 states, not Washington. So it will be interesting to see how, if at all, Perry is attacked in tonight’s debate*. There is no shortage of large-bore ammunition. Against that,

Wednesday

David Blackburn

The fallout from the DSK affair

It was an eventful day in New York yesterday. The rape case against Dominique Strauss-Kahn collapsed and, soon after, an earthquake struck that corner of the States’ eastern seaboard — thankfully there have been no reported deaths and damage appears to have been light, although there were fears about the safety of an ageing nuclear plant after the tremors. Medieval chroniclers might have drawn equivalence between the two events: the natural disaster being the judgement of God on the human drama in court. DSK was the premier contender for the Socialist presidential nomination to fight the despondent Nicolas Sarkozy, a battle he might have won. Those ambitions almost certain never

Tuesday

Daniel Korski

Gaddafi in Tripoli as the <em>entente cordiale </em>flourishes

The imminent success of the Libya intervention was, to a remarkable degree, down to Anglo-French cooperation. Though the media has been keen to play up, and even conjure up, rifts and disagreements between Paris and London — and the hyper-active Nicolas Sarkozy can’t help but act first and coordinate later — the fact is that the two states worked closer and better together than they have done for years. Probably not since the Suez operation have the British and French militaries cooperated so closely. But the intervention, even if it is coming to a (deadly and protracted) end did show up a number of deficiencies in materiel and command and

Wednesday

David Blackburn

This isn’t just any solution; this is an M&S solution

Banks and financial institutions endured a painful day’s trading, following Angela Merkel and Nicolas Sarkozy’s announcement yesterday that the Eurozone should adopt a ‘Tobin tax’, a charge on financial transactions. Once again, M&S chose piecemeal changes over the grand structural scheme desired by markets. The Tobin tax was just one proposal of three. The other two were: to create “genuine economic governance of the Eurozone” under, for the moment, EU President Herbert van Rompuy. The second: to impose a ‘Golden Rule’ on the budgets of Eurozone members. The ‘Golden Rule’ will bind national parliaments to agree to limits on national debt levels and impose statutory requirements on mastering budget deficits. The

Monday

James Forsyth

Battle of the century

The American historian Walter Russell-Mead has a cynical — but very possibly accurate — take on what the French are trying to persuade the Germans to accept with their plan for Eurobonds: ‘France’s clear short term goal is to commit Germany to underwrite debts from weak EU states.  That not only staves off a crisis that threatens to engulf France; by putting Germany on as a co-signer for Greek, Italian and Spanish loans, France will ensure that Germany’s credit rating will not be better than France’s. The French will accept almost any German rules to limit the ability of countries like Greece to run up new debts.  It is in

David Blackburn

Back to the drawing board as Eurobonds look dead in the water

Watch her lips: no Eurobonds. Angela Merkel’s Finance, Minister Wolfgang Schauble has told Der Spiegel: “I rule out Eurobonds for as long as member states conduct their own financial policies and we need different rates of interest in order that there are possible incentives and sanctions to enforce fiscal solidity.” Merkel’s government is making its depositions ahead of tomorrow’s Eurozone summit, rebutting the moves made by other member states over the weekend to introduce Eurobonds, a step towards political integration. Those proposals were backed by Nicolas Sarkozy, with whom Merkel is meeting in private this afternoon. Interestingly, Le Monde reveals that Eurobonds are not even on the agenda of these

Thursday

David Blackburn

A friendly gesture…

The police received a savaging in parliament earlier. I lost count of the number of MPs who relayed their constituents’ anger about riot police who stood by as buildings burned. Cameron’s defence – that the police response had been inadequate to adapt to a new threat posed by crime facilitated by social networking – did not allay the concern. By the end of the debate, there was consensus among many backbenchers that police officers should receive training in riot control as part of their basic training. The extraordinary incidents in London and elsewhere have been at the centre of the world’s eye, and the police have not escaped censure. Le Monde carries a wonderfully mischievous

Saturday

Philip Hensher

French with tears

The civilised world has always needed a lingua franca, through which educated people of international outlook can communicate with each other. For centuries that language was Latin, first the language of theology, then of learning — Erasmus, Milton and Thomas More communicated with a wide community of scholars in Latin. Nowadays, the international language of commerce and culture is English, and from Peru to Shanghai the employees of multinationals talk in their barbarous English idiolects of blue-sky thinking and learning curves, just as their children chant along to the lyrics of West Coast rap. Between the age of Erasmus and that of Ricky Martin, there occurred the supremacy of the

Tuesday

Peter Hoskin

Cameron compromises, but Gaddafi might not

What a difference four months of air sorties make. Back in the early days of the Libya intervention, David Cameron was unequivocal when it came to Muammar Gaddafi remaining in the country: there was “no future” for the dictator within its borders, he said. But now, on top of comments by William Hague yesterday, the Prime Minister is thought to be softening his stance. As the Independent says today, he has decided that “the time has come to find a way out of the conflict and back a French proposal to allow Gaddafi to stay in the country as part of a negotiated settlement with rebel forces.” So, from no

Thursday

David Blackburn

Is Merkel getting her way?

Below, courtesy of the Telegraph, is a leaked copy of the draft proposals on managing the Greek debt crisis.There are no measures to reduce Greece’s debts to sustainable levels; subsidy is the preferred route. This will presumably hit German taxpayers the hardest, but Merkel has managed to obtain private sector involvement, a clear German objective in these discussions.  However, this course is likely to lead to Greece’s selective default as creditors buy back bonds. The European Central Bank has declared that it is happy to allow this and will continue to accept government bonds in the event of sovereign default. This is a major retreat from its earlier position and commentators are clear that the Eurozone is now flirting

David Blackburn

Common Franco-German position on Greek debt

As I wrote earlier this morning, rumours of a ‘common Franco-German position’ on Greek debt were circulating in the early hours. Details are now emerging. Nicolas Sarkozy has dropped plans to impose a 0.0025 per cent levy on Eurozone bank assets, which was opposed by Angela Merkel for being much too cumbersome. In return, it seems that Merkel is prepared to consider the French-led plan of bond rollover. Merkel is also keen that private sector holders of Greek bonds pay their share of this second bailout. According to the FT, she favours a bond-swap deal, whereby bonds that will mature in the next eight years are swapped for new 30 year bonds paying a

Thursday

Alex Massie

Aux Armes, Citoyens

On the occasion of la fête nationale (not Bastille Day), here’s Yves Montand with his greatest hit: Prevert & Kosma’s wonderful Les Feuilles Mortes. Salutations to all French friends, readers and relatives today.

Saturday

David Blackburn

In for a penny, in for a trillion

The news that the EU seeks a budget of £1 trillion between 2013 and 2020 inspired disbelief rather than ire. President Barroso’s almost childlike insistence that the proposal was ‘relatively small’ was amusing, certainly not alarming. It’s a classic EU trick: pitch for 5 per cent and a string of crazy financial measures (including a ‘Tobin tax’ on financial transactions) in the hope obtaining more modest gains of say 2 per cent. Barroso will also throw the odd concession into the bargain: the announcement of a £5.4bn saving on the Commission’s staffing costs represents a concession. But, Barroso has his work cut out to secure even a 1 per cent

Friday

James Forsyth

Is Strauss-Kahn back in the race for the Élysée?

The news that the case against Dominique Strauss-Kahn is in danger of collapsing is almost as surprising as the initial news of his arrest on suspicion of raping a chamber maid. There had been a general assumption in New York, Washington and Paris that the case against the former IMF president was clear-cut and that his political ambitions were over. It is unclear how quickly the case will now be resolved. But there is sure to be pressure in France to delay the nominating deadline for the Socialist Primary beyond the 13th of July to allow Strauss-Kahn to run if he is cleared. The question is whether the various revelations

Thursday

Daniel Korski

Will Britain recognise Palestine?

Will Britain recognise Palestine as a state if, as planned, the matter comes to a vote at the UN General Assembly in September? Right now, the government says it has not decided. But if France were to push, the likelihood is that William Hague will order British diplomats either to accept or abstain from the vote. The strategic rationale for a Yes vote is obvious: at a time when Britain is waging war in Libya and rallying support against Syria and Iran, it would be disadvantageous to be seen by Middle Easterners as blocking Palestinian aspirations. And having accepted the case for Palestinian statehood in principle why not support it

Tuesday

James Forsyth

Lagarde’s appointment is a win for Osborne

The appointment of Christine Lagarde as head of the IMF is a diplomatic victory for George Osborne. The Chancellor was one of her earliest supporters, was the first to nominate her and hit the phones hard on her behalf. She will be a useful ally for Osborne in this position especially given how choppy the global economic waters remain. But the UK government also used the IMF nomination process to do some diplomatic horse-trading. The government made it clear that UK support for Lagarde was contingent on Paris agreeing that Britain should have to play no part in the coming bailout of Greece. There will be those who argue that

David Blackburn

Lagarde three giant steps closer as Russia, China and the US back her IMF bid

The 24 members of the IMF board are meeting to see if they can agree that Christine Lagarde should be the organisation’s next leader without a formal vote. Lagarde has already gained formidable backing. 40 per cent of the membership had indicated its support before today’s meetings, while her closest competitor, Mexican Augustin Carstens, had mustered just 12 per cent of the IMF’s votes. The remaining 48 per cent is now concentrating behind Lagarde’s candidacy. Her popularity extends beyond Europe into the vital emerging markets.  Russian Finance Minister Alexei Kudrin gave his signature today, saying that he hopes she will ‘secure reform of the IMF in the interests of developing

Friday

Peter Hoskin

Greece on the precipice

Europe is a doom-monger’s paradise at the moment. Riots in Greece; summary Cabinet reshuffles; meetings between Merkel and Sarkozy to save the single currency — and there’s still the potential for things to get worse, much worse. If the Greek government defaults on its debts, then there’s no knowing where the contagion will spread, only that it it will spread wide: from Spain and Portugal to markets across the world. Share indices have already been trembling at the prospect, although many of them rallied slightly today. One consolation, however scant, is that all this crystallises just what can happen to governments who operate beyond their means. Indeed, this seems to

Monday

David Blackburn

Government split over enforcing the Digital Economy Act

The Digital Economy Act (DEA) is to be ‘rebooted’ before the summer recess, so that it can be brought into force next January. Digital policy expert James Firth explains how the Act is being brought forward by placing it before the European Commission, a process that was overlooked when the Act was passed during the ‘wash out’ at the end of the last parliament. He also hints at a possible division on this issue within the Department for Culture, Media and Sport (DCMS), suggesting that this new approach is “being driven personally by Jeremy Hunt”. So it seems. Some of those who were privy to discussions at the DCMS say

Saturday

Rupert Christiansen

Hall of mirrors

After the Nazi occupation of Paris was over, Sartre famously said — somewhat hypocritically, given his own slippery behaviour — that the only possibilities had been collaboration or resistance. After the Nazi occupation of Paris was over, Sartre famously said — somewhat hypocritically, given his own slippery behaviour — that the only possibilities had been collaboration or resistance. Alan Riding’s new study of the episode forcefully reminds one that it was never that simple: objectively researched and soberly balanced though the book is, navigating its moral maze leaves one queasy with mixed feelings. Where should the line be drawn, what constitutes collaboration or resistance, were the Pétainistes craven defeatists or