It is often the case in international commerce that when a foreign country blocks you from buying their company, it's "protectionism," but when a foreigner comes shopping in your country, it's a potential threat to your "strategic interests." That seems especially true in Europe, where attempts to create a level playing field across the European Union keep running up against chauvinism, unions or simply ignorance.In a Le Monde article that remained long unlinked, Jean-Michel Bezat, Jean-Jacques Bezonnet, and Jean-Pierre Stroobants report that Belgium's Le Soir is ironizing that "from now on, Belgium's energy ministry will be located in Paris" and that La Stampa's Barbara Spinelli has said that "France is a sick man who is contaminating all of Europe."
The latest tussle is over utilities: After an Italian company took aim at the French utility Suez, Prime Minister Dominique de Villepin suddenly sensed a great threat to French security and started pushing Suez to merge with Gaz de France. Italy's Industry Minister, Claudio Scajola, rightly countered that the real threat was to the political and economic destiny of the European Union. …releasing free market forces across the entire continent is the whole point of the European Union, and neither France nor Spain has been shy about sending their salesmen on continental shopping sprees.
Saturday, March 04, 2006
Double Standards in the Quest for European Unity
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