Small EU Countries Resist Franco-German Push for Protectionism
Since the European Commission blocked a landmark merger of the French and German train manufacturers Alstom and Siemens, France and Germany have come out in favor of a “genuine European industrial policy” to compete with China and the United States.
Smaller countries, led by the Netherlands and Poland, are wary. Read more
Three Seas Initiative Breathes New Life into Central Europe
The Financial Times reports that Central and Eastern European countries are putting flesh on the bones of the Three Seas Initiative, a forum dreamed up by Croatia and Poland to promote regional integration. Read more
Poland’s antitrust watchdog has begun legal proceedings against Gazprom and the five European companies that are its partners in Nord Stream 2. The regulator alleges that completion of the Baltic Sea pipeline would inhibit competition.
EurActiv reports that the companies — Anglo-Dutch Shell, Austria’s OMV, Switzerland’s Engie and Germany’s Uniper and Wintershall — face fines of up to 10 percent of their annual turnover. Read more
Nationalism may be down, but it’s not out, reports The Wall Street Journal.
The nationalist insurgency is both growing and metamorphosing. It is not just eating away at relations between countries on issues such as free trade; it is also eroding the institutions and norms that prevail within countries.
With economies growing on both sides of the Atlantic, populists now draw on cultural grievances to undermine the stable, rules-based environment businesses crave. Read more
Polish Ruling Party Forces Through Reforms to Defang Supreme Court
Poland’s right-wing Law and Justice party is forcing through judicial reforms that the Supreme Court’s president, Małgorzata Gesdorf, has said would “end” the Supreme Court and “break” the Constitution.
The changes are expected to be enacted next week after a parliamentary committee voted for the legislation on Thursday.
During a hearing, lawmakers from the ruling party rejected all amendments from the opposition, refused to hear independent legal counsel and ignored warnings from parliament’s own lawyers, who said the reforms might be unconstitutional.
Grzegorz Schetyna, the leader of the opposition Civic Platform, has called for demonstrations in the streets.
“This is no longer a creeping coup,” he told Polish television. “This coup begins to strike.” Read more