The advance of economic patriotism

The last few days in Europe’s business community have been turbulent. For once it was not about the impact of the new American administration on the European economy, but about acquisitions. Big ones. Where many of us were worried about “America First”, it now seems that in Europe something similar is happening. Not Europe first or Brussels first, but the UK first, the Netherlands first, and Germany first. The developments of last week might prove to be characteristic for the future of Europe’s economy.

The most important news of last week was the failed attempt by American food giant Kraft Heinz to buy its Anglo-Dutch rival Unilever for the price of 143 Billion USD, which would Continue reading “The advance of economic patriotism”

Lobbyists in Brussels – the Dark Side of the European Union?

In front of the the European Parliament, there is a small square with a lot of little bars and coffee houses called ‚Place du Luxembourg‘. Every workday, it is busy with people who work in the European institutions and the many offices in the vicinity of the Parliament. You can sit there in a coffee house and watch them pass by. It would not be surprising to find, here and there, a Member of the European Parliament (MEP) and his assistant sitting at a table with a business(wo)man or the representative of a NGO, talking over a file of documents, while having a coffee and a piece of cake. Continue reading “Lobbyists in Brussels – the Dark Side of the European Union?”