³ÉÈË¿ìÊÖ

³ÉÈË¿ìÊÖ BLOGS - Mark Mardell's Euroblog
« Previous | Main | Next »

Financial vortex spinning faster

Mark Mardell | 15:24 UK time, Monday, 23 February 2009

Sarkozy continues to stick his neck out. At Sunday's Berlin summit, he accused the European Commission of not doing enough to help Europe's car industry.

sarkoeusummitafp203.jpg

Commission President Barroso retorted that they had done plenty, but that old-fashioned state subsidies to industry weren't allowed and weren't going to happen.

The scene is set for another confrontation in a week's time at the emergency EU summit on 1 March, which will talk about protectionism as well as what to do about those poisonous donkeys - you know, the "toxic asses" one hears so much about.

Before the meeting, the commission is expected to come up with a list of rules setting out what is and isn't allowed under their rules restricting national governments giving industry money.

The financial vortex is spinning that bit faster - last week saw the , which came as no surprise to me; Austria being ; , even if they were 4,000 miles from Paris; and not a single blog from me.

Apologies, but I was coping with a vortex of my own, pretending to be a single parent during half term.

I recommend computer-generated butterfly finger painting at Belgium's science centre, , for calm at the centre of the storm whether generated by bankers or kids.

Comments

or to comment.

³ÉÈË¿ìÊÖ iD

³ÉÈË¿ìÊÖ navigation

³ÉÈË¿ìÊÖ Â© 2014 The ³ÉÈË¿ìÊÖ is not responsible for the content of external sites. Read more.

This page is best viewed in an up-to-date web browser with style sheets (CSS) enabled. While you will be able to view the content of this page in your current browser, you will not be able to get the full visual experience. Please consider upgrading your browser software or enabling style sheets (CSS) if you are able to do so.