New York Times (February 23)
“The heavy parliamentary weapon France’s Socialist government deployed to ram an economic reform bill through opposition in its own ranks might seem excessive for a measure that basically lets some stores stay open on some Sundays.” This raises the question of how President François Hollande will proceed when the “far tougher package of tax breaks, easing of labor laws and other reforms is due later this year.”
Tags: Economic reform, France, Hollande, Labor laws, Parliament, Socialist government, Stores, Sundays, Tax breaks
Wall Street Journal (February 6)
“The Greek effort to divide and conquer by negotiating individually with other EU members instead of with the bloc as a whole is going nowhere.” Nevertheless, there may still be “room for a prudent compromise that might involve a bridge deal to allow time for a permanent agreement, followed by some easing of the terms of bailout loans in exchange for a commitment to economic reform.”
Tags: Bailout, Compromise, Economic reform, Effort, EU, Greek, Loans, Negotiations
The Guardian (January 24)
“Just as we were lulled into a false sense of security about North Korea, congratulating Kim Jong-un on a surprisingly good first year in power, we are jolted back to reality…. Yesterday’s blood-curdling statement from the country’s powerful national defence commission was back to “songun” or military-first policy with a vengeance. The ice age is not coming to an end under a younger leader who has shown signs of interest in economic reform. Or at least not as swiftly as some imagined.”
Tags: Economic reform, Kim Jong Un, Military, North Korea, Songun