Well then, EU-phoria rules at the BBC this morning as they celebrate the “decisive” victory by their poster garcon Hollande in France last evening. Hard to know where to start but Evan Davis was in Paris and seemed almost giddy with excitement as the new red France era dawns. Did you hear him?
The funniest moment for me was when they wheeled on Peter Mandelson who was suggesting that the UK should now join the Eurozone (Well, Peter does have to work so hard for his generous pension provision from Brussels, you know) and that the markets would not over-react to Comrade Hollande’s victory. The BBC then reported, stony-faced, that the Euro has fallen to a three and a half year low against the British Pound. Vive le difference!
Another key line the BBC have been parroting is that Hollande represents hope for Europe and a new policy of “growth”. When they try to analyse this “growth” strategy it comes down to more State spending – the reason WHY we have a crisis in the Eurozone in the first instance but since the BBC is fervently pro the EU it glosses over this crucial fact as if it were a detail, instead of a massive elephant in the room!
A final cracking moment came in an interview with a French financial executive. Davis jokily introduced the item by asking her if she and her colleagues were thinking of moving to London as a consequence of Hollande’s tax plans. She responded that they had already all moved to London and she was the last one in Paris! Not what our Evan was looking for!