Thursday, June 02, 2005


The Prudent Investor - seeing too many bubbles: 63 percent of Dutch voters say "nee"
The problem with the national referendums was also that voters took them as an opportunity to protest national policies that have done too little to reduce unemployment. If there would have been an EU-wide referendum on the same day it would have lead to a "yes" vote as people would have stood together. Such a referendum would have been seen as a chance to further integration instead of an opportunity to protest against national policies. The idea of a common Europe is well received, but not the idea of a EU government interfering too much into national matters.