Breakingviews

EU’s competition sprawl as worrying as Google’s

April 15, 2015

Europe has accused the web giant of favoring its own shopping search results and broadened the case to include its Android mobile operating system. Investigations and appeals may take a decade. Brussels’ ambitious lack of focus is similar to what threatens ever-expanding Google.

Europe could edge past U.S. in race to courthouse

December 17, 2014

New rules and bank scandals boost financial fraud and class-action filings in Britain. Patent combatants flock to German judges. And spats over failed investments clog EU courts. The upshot: a lawsuit boom that may topple America as the world’s business litigation capital.

Russia puts gas-hungry China in a bear hug

May 21, 2014

A planned pipeline gives Russia a new market outside the increasingly frosty EU. For oil major PetroChina this should staunch losses from low regulated prices at home. China gets cheap supply, but at a cost: the optics of the deal shred Beijing’s claims of political neutrality.

What Putin wants matters less than what he doesn’t

March 7, 2014

The Russian president fears real democracy in Ukraine as much as at home. And he’s afraid of a disruption of trade and financial ties if Kiev turns towards the EU. If the U.S. and Europe want Putin to back down, they have to convince him that he’s wrong on both counts.

Ukraine, the bailout Europe cannot shirk

February 24, 2014

After triggering the end of the Yanukovich regime, the EU has a responsibility to help with Ukraine’s dire economy. It won’t provide all the needed $20 bln, but it can give the IMF political cover, while calming Russian anger. The ultimate goal has to be for Kiev to join the EU.

Europe rightly throws shade on solar tariffs plan

May 28, 2013

Why would Germany and other EU countries reject punitive tariffs on Chinese solar panel makers? After all, they are the ones who suffer. But European companies in other industries producing in China have more to lose. Fairness may not prevail, but rationality should.

UK minus EU is another loser from Lawson

May 8, 2013

Nigel Lawson has done it again. The chancellor responsible for a housing bubble that left the economy struggling for half a decade now recommends an EU exit. But leaving the EU doesn’t do anything at all to help the UK in Asia. It will simply repel multinationals and isolate the UK.

Barnier broadside leaves EU looking soft on banks

April 23, 2013

The EU’s top financial regulator seems out of touch on banking reform. While his peers want lenders to keep more capital, Michel Barnier says the U.S. should give European banks a break. He thinks global teamwork can avert problems. History suggests that’s naïve.

Euro zone must change to allow Italy to reform

February 26, 2013

The Italian election results caught euro zone leaders by surprise. They now fear “instability”. It’s clear that Italy will pay a high price if it fails to reform. But crude “austerian” meddling by other governments, the EU and the ECB helped create the current mess.

The world is wasting a good crisis

By Hugo Dixon
November 22, 2010

Bailouts such as Ireland's may be necessary. But unless tough and smart terms are imposed, no lessons will be learned.