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Conway, Edmund

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5 articles of this author have been cited in the European Press Review so far.

The Times - United Kingdom | 29/06/2015

Supranational institutions losing importance

The debt conflict with Greece and the refugee crisis show that the significance of European supranational institutions is dwindling, the conservative daily The Times comments: "For further evidence, you need only recall the row over dinner at the European Council last Thursday, as leaders failed to agree a plan to resettle 40,000 asylum seekers from north Africa. Tempting as it is to view this as the disintegration of the European dream, it is more likely just evidence of another phenomenon we see all over the world - a retreat from internationalism. The EU is not the only multilateral institution facing decay; consider the United Nations, the International Monetary Fund and the World Trade Organisation, to take just three."

The Times - United Kingdom | 13/04/2015

Minority government would be good for Britain

Opinion polls increasingly point to the possibility of a hung parliament, with no singly party obtaining an absolute majority of seats, after the UK general election in three and a half weeks' time. Rather than a tragedy this could be an opportunity for British democracy, the conservative daily The Times points out: "In fact, so much of the country's day-to-day economic and structural governance is already delegated to non-political institutions that one could argue that Britain is better placed to support minority government than ever before. ... Who knows: we might even see a return of genuine parliamentary democracy. By tying itself into ad hoc pacts on key votes, the government would devolve far more influence to MPs than is typical in Britain's 'elective dictatorship'."

The Times - United Kingdom | 06/04/2015

Tories not rewarded for economic upturn

Four and a half weeks before the general election in Britain, the governing Tories are neck-and-neck with the opposition Labour Party. That shows how the country's economic situation is not the primary concern for voters, the conservative daily The Times believes: "If this election were really all about the economics, the Conservatives would already be riding far higher in the polls. Sky-high consumer confidence, unprecedented levels of employment, record low inflation - such factors would normally push the incumbent government ahead by a comfortable margin. Instead, the Tories' numbers have barely budged in the past couple of years. The fact that they are neck-and-neck with Labour is due more to the collapse in Ed Miliband's ratings than an economy-related boost."

The Daily Telegraph - United Kingdom | 05/03/2009

Bank of England wants to print money

The Bank of England plans to create more money by means of a "quantitative easing" of supply. The columnist Edmund Conway writes in The Telegraph that the prospect of economic collapse justified the radical move: "Money creation is a terrifying prospect for those aware of how easily governments can trigger hyperinflation by employing their printing presses, but it may also provide the nuclear power necessary to turn the economy around. The European Central Bank looks increasingly likely to follow suit. It has argued, quite reasonably, that printing money will potentially generate high inflation in the coming years. But the more pressing prospect of impending European economic collapse, and indeed the threatened disintegration of the euro itself, are compelling enough arguments for it to change its mind. Preventing high inflation is a worthy aim, but useless if, after all your efforts, there's no functioning economy left."

The Daily Telegraph - United Kingdom | 28/04/2006

Gazprom's bid for British Gas

Economics editor Edmund Conway reacts to Tony Blair's decision not to block any potential bid by Russia's Gazprom for British Gas. Blair says he wants to avoid 'economic nationalism'. "While his intentions are undoubtedly right, he is making the wrong decision. A Gazprom bid for British Gas should not be allowed to go through without any challenge. That would be one of Mr. Blair's biggest mistakes yet - not just for Britain, but for world energy markets and for the future of the European economy. ... Gazprom is, in effect, controlled by the Kremlin, which owns 51 per cent of its shares and appoints its senior management. It has shown little willingness to relinquish its control. Centrica, on the other hand, is a fully privatised utility. If it were taken over, this would amount, in all but name, to its re-nationalisation, albeit with a Russian flag hanging over it."

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