The Arc of Prosperity returns?
David Cameron has urged countries across northern Europe to form an "alliance of common interests".No invite for the Republic in Dave's version though...
The UK prime minister, who hosted leaders of Nordic and Baltic countries, said they could become an "avant garde" for economic growth.
The PMs of Iceland, Norway, Latvia, Sweden, Finland, Denmark, Lithuania and Estonia are at the London summit
2 comments:
Apart from Latvia, are any of these countries actually as severely in trouble as the UK O'Neill? Possibly Lithuania?
Interesting couple of articles published last month on the fate of European economies vis a vis Scottish independence.
One in Holyrood magazine pointed out that if Scotland had followed the Irish model then an independent Scotland would have been in trouble. However the article said it was not to do with size but public policy.
Tom Devine in his assessement of the situation in the Sunday Herald also said it was nothing to do with size but public policy. He pointed out that the debt crisis was hitting countries of all sizes - small such as Ireland but also noted it was hitting Spain (hardly a small country - but you could argue one of Western Europes poorer ones) and Italy (definately large and a member of the much vaunted G7/8/20 whatever - so definately not poor!)
Apart from Latvia, are any of these countries actually as severely in trouble as the UK O'Neill? Possibly Lithuania
I'd divide them into two parts; the Scandinavian are certainly in better shape; the Baltics (even Estonia) have seriously structural problems which means they are very much boom or bust economies. Their u/e, for example, is horrendous at the minute>
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