Irish referendum on fiscal compact

I am watching RTE’s live stream (here) about the fiscal compact referendum (60% vs 40%). I am puzzled by the arguments of the victorious yes-side: since the referendum has been passed now, we need a growth strategy. Fair point. But how one stimulates an ailing economy? By putting more money in maybe? But where is that to come from? No answer. Silence. That’s not good enough I am afraid.

France after the elections – some analyses

Paris, France and Europe

The dust has settled after the French election race. It was a tough campaign by any standards. Even observers located outside France, like this author, couldn’t fail to notice this. Let’s analyse what happened, why it happened and what the future holds.