European Tribune - Comments - Oh the irony - UK entrusts its energy future to French State-owned groups

Oh the irony - UK entrusts its energy future to French State-owned groups | 29 comments (29 topical, editorial, 0 hidden)

Re: Oh the irony (4.00 / 2)

I think you misinterpret what is happening. Whilst there are committed supporters of privatisation within the Labour Party, they might not have received such strong policy support if it were not for the accounting trick that private comapnies take liabilities and loans away from the Public Sector Borrowing Requirement. Something which has been a Brownite fetish since the mid 90s.

So the fact that EDF is state owned doesn't matter to Brown, so long as it isn't owned by the British state and thus causing a problem on their balance sheet.

keep to the Fen Causeway

by Helen (lareinagal at yahoo dot co dot uk) on Mon Jun 9th, 2008 at 07:57:07 AM EST

Re: Oh the irony (none / 0)

I guess that Brown would rather be tarred and feathered than abandon his fetish.

As the Dutch said while fighting the Spanish: "It is not necessary to have hope in order to persevere."

by ARGeezer (ARGeezer a in a circle eurotrib daught com) on Mon Jun 9th, 2008 at 02:13:51 PM EST
[ Parent ]

Oh the irony - UK entrusts its energy future to French State-owned groups | 29 comments (29 topical, 0 editorial, 0 hidden)

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