Showing posts with label Peter Kažimír. Show all posts
Showing posts with label Peter Kažimír. Show all posts

8 December 2017

Politico: Bratislava is for losers

It’s been a rough few weeks for Slovakia. First, its capital is passed up as the new host of the European Medicines Agency (EMA) after Brexit in favor of Amsterdam. Then its finance minister, Peter Kažimír, resigns from the race for the Eurogroup leadership — a position that would have given the country a real seat at the table, for once.

Slovaks reacted to the bad news from Brussels with overblown self-flagellation. Bratislava, much of Slovakia’s commentariat agreed, was a terrible place to live — who would want to move there from London? And Kažimír was an awful candidate who is not doing enough to stabilize public finances at home (notwithstanding this year’s deficit, expected at around 1.29 percent of GDP) and has not been able to eradicate tax fraud in the country. [...]

There are grounds for optimism. Neither outcome — no matter how disappointing — sparked the outrage at “traitors” or out-of-touch cosmopolitan elites that usually follows controversial decisions out of Brussels. Not even Slovak politicians who harbor very little affection for the EU used the occasion to criticize the bloc. [...]

Slovakia will never be a large country and wield a voice comparable to that of Poland, let alone Germany or France. But it can be an influential country if it matches a commitment to EU integration with effective domestic reforms to update its public administration, health care and education systems. And if Slovak leaders also have a clear vision and strategy of what they are trying to accomplish in Europe.

2 December 2017

Politico: Eastern Europe strikes back at EU establishment with Eurogroup bid

Kažimír had fallen out of favor among his fellow eurozone socialists, who overlooked him amid concerns about his unpredictable nature. Several eurozone officials told POLITICO that the Slovak has a tendency to “speak without thinking,” with one person questioning whether Kažimír would be able “to do the job without insulting people.”

But Slovakia’s curveball comes less than two weeks after its capital, Bratislava, lost out in the race to host the European Medicines Agency (EMA) which must relocate from London after Brexit. Amsterdam edged out Milan for the EMA, with Bratislava not even getting past the first round of voting despite having been considered a leading contender. [...]

The Commission, Parliament and Council are all headed by conservatives from the European People’s Party (EPP), which deliberately didn’t field its own candidate for the Eurogroup race to keep political peace with socialists in Brussels. Spain’s Finance Minister Luis de Guindos orchestrated that EPP strategy, which should have paved the way for the socialist candidate to win the Eurogroup presidency. [...]

The winner will exert significant influence over economic and monetary policy across the 19-country bloc as it embarks on ambitious reforms to strengthen its foundations. Another immediate task facing the next Eurogroup president will be the delicate process of shepherding Greece toward the exit from its €86 billion bailout program next summer.