British procrastination – a postponement will not guarantee an agreement
Theresa May is in Berlin and Paris to request a new deadline. It’s a safe bet that she will get some time. The date discussed is December 31, 2019. It…
Philippe Waechter's blog
Another moment, Mr. Executioner
The British parliament is undecided. The vote on the possibility of a no deal is very divided. 321 against a no deal but 278 in favor of a lack of…
Euro area growth projections downgraded, and policy mix still restrictive – My weekly column
The OECD and the ECB have downgraded their 2019 growth projections for the euro area in quick succession, with the OECD now expecting 1% for the year ahead vs. 1.8%…
Brexit – The cumulative cost since the referendum is high
Since the referendum on Brexit in June 2016, the dynamics of the British economy have been shrinking. Evidenced by the slowdown in growth in 2018 to 1.4%, the slowest pace…
Brexit A new step
After the vote of the Parliament, there is a majority for a deal. But Theresa May will have to renegotiate de Irish backstop. The EU now has to agree to…
Brexit – an unknown territory now
Theresa May’s defeat in the British Parliament is historic with a gap of 230 votes (432 votes against 202 against). The text that was validated in November by the British…
Brexit. the chaos that comes
Spectacular but frightening situation of Britain ahead of the Brexit that will come. An edifying article by Anne Applebaum https://www.washingtonpost.com/opinions/global-opinions/the-lure-of-chaos-is-leading-britain-straight-into-the-abyss/2018/12/21/650b3474-0489-11e9-b6a9-0aa5c2fcc9e4_story.html