The beginning of the year coming up, 2012, offers a rather bittersweet anniversary. Do you remember? It was from midnight on 1 January 2002, literally as fireworks still lit up urban skies, that euro banknotes first issued from ATM machines inside the 12 original Eurozone members, and that banks and merchants first returned eurocoins in change, all of those with a national emblem reflecting where they had been minted on one side.

No prize for guessing why any commemoration of this 10-year milestone is lacking so far in the press – everywhere I look, really. For 2012 promises to be a difficult year for European national finances, and therefore for the euro; to many, an exit from the Eurozone of one or several states is likely, and from that possibly even the common currency’s “collapse” (although I think that, no matter what, there will be a rump core of states – Germany, Netherlands, Finland, etc. – still using it for quite a while).

But enough of this depressing talk! We have all read and heard quite enough of it, at least before the onset of the holiday season (when the bureaucrats and bank officials in charge left their desks for a while).* Let’s rather follow the Luxembourg lead and consider the euro from a different perspective:

http://t.co/eNBpc2Z7 Dix ans de l’euro Pas vraiment de mixité dans les porte-monnaie http://t.co/b3mtHfyx

December 27, 2011 12:40 pm via HootSuiteReplyRetweetFavorite

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That perspective is “integration,” always a hot European topic: to what degree are the various European peoples mixing with each other and getting along while they do so? Except that here, in this essential piece from the French-language Luxembourg paper L’essentiel (no byline), the subject is rather the degree to which all the various eurocoins are mixing with each other in people’s pockets. The lede:

Ten years after the arrival of the euro, the coins which sport a national symbol on one face are not yet totally mixed in European wallets.

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Today’s on-line Le Monde goes deeper into the question of who will succeed Romano Prodi at the beginning of next year as EU Commission President, putting forth five candidates in all under a link Les cinq prétendants: “the five claimants,” or even “the five pretenders” if you like.

(I simply reported yesterday on Belgian prime minister Guy Verhofstadt being tipped as the likely successor by the Czech business newspaper Hospodárské noviny. By the way, I can’t give you any link to this Le Monde article, because the five putative candidates are presented in turn by means of a pop-up picture gallery, with underlying comment that is presented for such a short time that you can barely read it before it disappears for the next picture. So those of you who can read French, but slowly, you’ll have to give up on this one and simply go with what I can report to you below.) (more…)

Bad news for EU taxpayers, at least those who rather expect some concrete results from their representatives at European Union fora in return for the tax-euros they are paid. (Come on now – could anyone really be so naïve?) I know you recall that EU summit in Brussels that took place yesterday and the day before – Chirac also spoke for Germany during yesterday’s session, remember? (Covered in €S from both the French and German points-of-view.) That was nice, a great symbolic gesture and all that, but more pertinent might be the fact that little of note was actually accomplished. At least so the French on-line papers say. (more…)

I’m continuing my coverage of the EU draft constitution, which was handed over last Friday by European Convention President Valéry Giscard d’Estaing to EU member-states at the Thessaloniki European summit. Now it’s in their hands, to add to and subtract from as they see fit to agree (doing so formally in an Intergovernmental Conference which is due to start in mid-October), in preparation for ratification by all member-states separately in the spring of 2004. Considering now some of the German-speaking parts of Europe, reception of the draft here has been mixed – although, crucially, German Bundeskanzler Gerhard Schröder has endorsed it. (more…)

The heads of state of France, Germany, Belgium, and Luxembourg met yesterday in Brussels to launch a new European defense initiative for a multinational force to flesh out the European Union’s foreign and security policies. Presidents Chirac and Schröder and Prime Ministers Verhofstadt and Juncker took pains to emphasize that they were not acting against NATO nor against that alliance’s senior partner, the United States.

Of course, besides Luxembourg, it is true that these were the European countries in the forefront of opposition to America and its “coalition of the willing” as they undertook their assault on Iraq. And many do intrepret this as an anti-NATO gesture – the Times of London‘s foreign editor Bronwen Maddox speaks of a “direct hit on Nato” and “payback time” for these four countries. What do the countries involved have to say for themselves? (more…)