October 12, 2012

A day in the life of the EU

Coca-Cola Hellenic is moving from Athens. It's the biggest company by value on the Greek stock market - representing about a fifth of the exchange's capitalization.

As the Greek economy subsides - unemployment's 25% and rising - which eurozone country is Coco-Cola Hellenic moving to? Er ...
[It] will move its headquarters to Switzerland and switch its main market listing to London.
Allister Heath rightly calls the award of the Nobel Peace Prize to the EU "mind-boggling and demented". It was NATO and war weariness that kept the peace to start with before the EU happened along, and even if the EU vanished overnight it's impossible to imagine prosperous, educated, internet-savvy, well travelled Europeans obeying any call to arms.

The EU as a force for peace and promoter of human rights? Tell that to them in their graves in Sarajevo and Kosovo. Tell that to southern Europeans. Expect conflict next not between countries, but within them.

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