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The Eurointelligence Podcast

How to govern? 17 March 2022

The Eurointelligence Podcast

Wolfgang Munchau

News, Eu, European Politics, Political Economy, Italy, Brexit, Recovery Fund, Political Risk, Business, European Union, Netherlands, Ecb, Economics, Uk, Fiscal Union, Government, Transatlantic Relations, European Integration, France, Geopolitics, Eurozone, Banking, China, Spain, Germany, Political Union, Politics, Trade, Eu-china

4.530 Ratings

🗓️ 19 March 2023

⏱️ 23 minutes

🧾️ Download transcript

Summary

In this episode our team is talking about France and the Netherlands as their governments is challenged by old and new rivals.

Transcript

Click on a timestamp to play from that location

0:00.0

Welcome to the Eurointelligence podcast and Wolfgang Munchau and with me are Zuzane Monsheng and Jake Smith.

0:06.4

Today we would like to talk about France and the Netherlands.

0:10.3

Emmanuel Macron has triggered Article 49.3 of the French constitution pushed through his pension reform package.

0:17.7

Zazana, how should we think about this and what do you think is going to happen in France now?

0:22.3

From the UK perspective, we've all seen images and videos on the social media of social unrest,

0:28.5

of burning bins and scenes that looked like taking from a movie of the French Revolution.

0:34.6

But wishful thinking.

0:36.2

It's wishful thinking.

0:37.1

But in what actually happened is much less dramatic. venture revolution. But it's wishful thinking. It's wishful thinking.

0:43.7

But in what actually happened is much less dramatic and how it will develop that will be subject to a dynamic has yet to be bold.

0:47.0

So just to take back what happened and why we are where we are.

0:51.4

So the article 49.3 allows the government to push through bills that are budget

0:58.3

related to the social security budget related without the vote in the assembly. So the government

1:06.5

earlier on did actually attach the pension reform as part of the budget. You can dispute

1:12.2

how sensible that is, because it's not really a budget item like for one year, but it has

1:17.4

long-term consequences. But that's something for the Constitutional Council later to decide

1:22.2

upon. The idea from the Prime Minister was to get the vote in the assembly as showed by the

1:29.8

Republicans, their 61 rupees, and together with the majority, they would have been able

1:37.0

to pass it.

1:38.2

In the initial phase, Eric Kotti, the leader of the party, made some deals with Elizabeth

1:43.8

Bourne and they found a compromise for the party to back it.

1:48.6

But the party couldn't unite behind his position for various reasons.

...

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