Posts Tagged Egypt

Everybody needs good neighbours

Democracy is frequently trumpeted as one of the EU’s core values and its promotion is a prominent feature throughout EU policy. This is all the more evident in the EU’s relations with third states, particularly the bilateral partners of the European Neighbourhood Policy (ENP). But, with Tunisia’s pro-democracy revolution followed swiftly by Egypt and then several other countries active in the ENP, it seems that, in this particular field, the EU policy may be failing.

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The price of freedom: now denominated in Euros

Political developments had mixed effects upon global markets last week. Investors were reassured by comments on the eurozone from European leaders at the World Economic Forum in Davos, then worried about the situation in Egypt and the uncertain fate of President Mubarak’s regime. These two different events, the pledges to save the Euro and the teetering regime in Egypt, both offer an interesting insight into the relationship between financial stability and democratic values.

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