Tuesday, January 31, 2006

Missed this yesterday - the always readable, always EU-sceptical Anatole Kaletsky's latest:
"the sudden revival of economic and political self-confidence in Europe, which seemed to be in an almost existential crisis as recently as last autumn, was a genuine surprise... Last January I started my work for 2005 with a very bearish column about the euro and the European economy, and I then got even more pessimistic as the year progressed. For most of 2005 this view, which contrasted sharply with the perennial optimism of politicians and central bankers, turned out to be right.

"So why have Europe’s prospects suddenly brightened?"

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