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Source
Europeans have so far resisted the temptation to hit out publicly at the US – but many diplomats are privately angry at what they view as US short-sightedness. Washington has been pressing Europeans for years to get their military act together and to stop relying on the US. The Bush Administration showed its own lack of respect for NATO by deliberately ignoring it during both the Afghanistan and Iraq military campaigns, seeing the alliance more as a post-war "cleaning lady" than an effective military body. "The US now clearly sees NATO as a tool to keep tabs on Europe – both in the political and defense sectors," says an EU diplomat.
Source
PARIS, June 15 (Reuters) - France will propose launching a European Union aircraft carrier group and a joint fleet of military transporters as part of efforts later this year to boost the EU military, French defence officials said.
..snip..
Aides close to Defence Minister Herve Morin said negotiations with Britain were well-advanced on creating a European naval group based around either a French or British aircraft carrier permanently on the sea.
Other nations could then contribute frigates, submarines or refuelling vessels as required, the aides said.
Separately, Paris wants to fill longstanding gaps in air transport that have dogged European military operations by creating a fleet of the A400M heavy airlifter which defence group EADS will roll out later this month.
Originally posted by Dan Tanna
Commanded by the French and surrender at the first sign of a fight ?
An EU force ? I swear to God those EU sodders are desperate to get their hands on the UKs forces.
We all know why that is too. The only people with the bulls to go toe to toe with any enemy, any where any time.
Originally posted by Dan Tanna
Commanded by the French and surrender at the first sign of a fight ?
An EU force ? I swear to God those EU sodders are desperate to get their hands on the UKs forces.
We all know why that is too. The only people with the bulls to go toe to toe with any enemy, any where any time.
Source
There is no excuse for Britain not to join the euro
By Willem Buiter
The case for the UK shedding sterling and adopting the euro has never been clearer.
From a conventional macro-economic perspective, there is no reasonable argument for a small, highly open economy such as Britain's to retain monetary independence. For economies with a high degree of international financial integration, the exchange rate does not act as a buffer against asymmetric shocks, permitting an easier adjustment of international relative prices than under an irrevocably fixed exchange rate. Instead it becomes a source of unnecessary noise and volatility.
Originally posted by Mdv2
Currently, the European Union is the strongest economic superpower, featuring the world's largest GDP and consumer market.
The highest ranking EU nation is Luxembourg, which ranks third overall in the measure of GDP-PPP per Capita. The next highest EU nation, Ireland, comes in at 19th place, just behind Louisiana and the US as a whole (if limited to just individual states, Ireland places a bit ahead of Nebraska).
Denmark, the next highest EU nation in the ranking by GDP-PPP per capita, comes in 45th place (omitting the US as a whole), just after Oklahoma and ahead of Maine. The next highest EU nation, Austria, would occupy the 49th highest position, sandwiched between Kentucky and South Carolina.
By the time we reach down to the 53rd position of the list, the EU nations begin turning up more regularly, with Finland and Belgium occupying the 53rd and 54th slots respectively, positioned between the US states of Idaho and Arkansas. Below Arkansas, we find a neat group of EU nations Sweden, the Netherlands, Germany, the United Kingdom and France before the US state of West Virginia turns up in the rankings in the 61st position.
EU member Italy turns up in the 62nd slot, driving ahead of the lowest ranked individual U.S. state of Mississippi.
The United States has been wary of a French-led push for a security and defense role for the EU because of concerns it could threaten NATO unity: