PUT THE POLITICIANS ON THE MINIMUM WAGE AND WATCH HOW FAST THINGS CHANGE
Civilisation has operated in two ways - To make one part of society more affluent and the other more wretched than would have been the lot of either in a natural state
There are Natural Rights and Civil Rights. Life, Liberty and the Pursuit of Happiness
Where Our Power to Execute Our Natural Rights is Perfect, Government has No Legitimate Jurisdiction
When the Forces for War are Greater than the Forces for Peace   Then the World is in Danger
Politics is not a Dirty Word. It is a Way of Life. How is Your Way of Life Today ?
French Yoghurt

BREXIT – WHY DO WE IMPORT FRENCH YOGHURT WHEN WE PRODUCE IT AT HOME ?

French Yoghurt

Charlemagne
The revenge of strategic yogurt

How the EU started speaking French when it comes to the economy

EuropeOct 3rd 2020 edition

Danone is proud of its yogurts. The French company boasts that 4bn patented bacteria go into every pot, with each batch fermented for eight hours, or roughly a quarter of the French working week. France, understandably, is proud of Danone. When rumours emerged in 2005 that Pepsi was considering a bid for the company, the French political establishment howled. Dominique de Villepin, the then prime minister, pledged to defend the “interests of France”. Jacques Chirac, the president at the time, promised to be “vigilant and mobilised” against any potential predator of French business. Anglo-Saxon capitalists guffawed. In Brussels, European Commission officials rolled their eyes and delivered lectures on the merits of red-blooded competition. “Strategic yogurt” became a byword for the excesses of French protectionism.

After a decade of such jokes, French ideas are now the bedrock of the eu’s economic policy. In Brussels, industrial strategies for everything from hydrogen to car batteries have been developed. (Incidentally, Thierry Breton, the French finance minister during the Danone row, is now the commissioner responsible.) A carbon border tax—first seriously floated by Chirac—is on the cards, which would involve duties on products entering the single market from polluting countries.

Similar Recent Posts by this Author:

Share this post

Share on facebook
Share on google
Share on twitter
Share on linkedin
Share on pinterest
Share on print
Share on email