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The independence of a central bank is the new separation of powers, the only one that matters.

The EU doesn't even have the shreds of a respectable facade with this going on in its midst.

by afew (afew(a in a circle)eurotrib_dot_com) on Tue Jan 3rd, 2012 at 12:28:35 PM EST
I wonder what will happen at the EU level when the Socialist opposition gets banned.

tens of millions of people stand to see their lives ruined because the bureaucrats at the ECB don't understand introductory economics -- Dean Baker
by Carrie (migeru at eurotrib dot com) on Tue Jan 3rd, 2012 at 12:34:42 PM EST
[ Parent ]
Probably a medal from Merkozy.
by Colman (colman at eurotrib.com) on Tue Jan 3rd, 2012 at 12:37:46 PM EST
[ Parent ]
Martin Schulz will make some noise but the EPP will retort using Fidesz's anti-communist slogans of the day. Well unless the powers That Be decide that abolishing central bank independence is a cardinal enough sin to exploit even that.

*Lunatic*, n.
One whose delusions are out of fashion.
by DoDo on Tue Jan 3rd, 2012 at 01:08:33 PM EST
[ Parent ]
The saving grace is Viviane Reding, who as European Commissioner for Justice, Fundamental Rights and Citizenship at least objected to the abolition of the independence of the judiciary.

*Lunatic*, n.
One whose delusions are out of fashion.
by DoDo on Tue Jan 3rd, 2012 at 01:02:12 PM EST
[ Parent ]
I don't notice any "Maybe the EU will <xxx>" entries in Dodo's list above of potential outcomes.
by asdf on Tue Jan 3rd, 2012 at 03:02:09 PM EST
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Some reactions are implied in the first two alternatives ("within or without the EU" and "exit the EU" would be reactions to EU measures). The most serious action the EU could take is the application of Article 7 of the Treaty On European Union (consolidated version), with the suspension of Hungary's voting rights in the EU Council as the one explicit possible measure. There are strong hurdles for such action, however.


*Lunatic*, n.
One whose delusions are out of fashion.
by DoDo on Tue Jan 3rd, 2012 at 06:13:29 PM EST
[ Parent ]
Come to think of it, French foreign minister Alain Juppé was hinting at just that:

Hongrie : Alain Juppé en appelle à la Commission européenne - LeMonde.frHungary: Alain Juppé's call on the European Commission - LeMonde.fr
Il appartient à la Commission européenne de vérifier que ces nouveaux textes constitutionnels respectent ce qui fait le bien commun de tous les pays de l'Union européenne, c'est-à-dire l'Etat de droit et le respect des grandes valeurs démocratiques...It is on the European Commission to check that these new constitutional texts respect what constitutes the common good of all countries of the European Union, that is to say the rule of law and respect for democratic core values...
Il y a problème aujourd'hui et nous appelons la Commission européenne à prendre les initiatives nécessaires pour que ses principes fondamentaux soient respectés partout, y compris en Hongrie...There is a problem today and we call on the European Commission to take the necessary steps to ensure that these fundamental principles are respected everywhere, including in Hungary...

The Hungarian foreign ministry already protested that Juppé's words violate the friendly relationship between the two countries, and contend that Hungary was in constant communication with European institutions over its new constitution and new laws (well if rejecting and protesting all suggestions can be called communication).

*Lunatic*, n.
One whose delusions are out of fashion.

by DoDo on Tue Jan 3rd, 2012 at 06:42:48 PM EST
[ Parent ]
The EU tried that on Austria when Haider's party joined the government.

tens of millions of people stand to see their lives ruined because the bureaucrats at the ECB don't understand introductory economics -- Dean Baker
by Carrie (migeru at eurotrib dot com) on Tue Jan 3rd, 2012 at 06:45:09 PM EST
[ Parent ]
In France, Le Moonde and Libération, the left leaning dailies, have written about it (Le Monde had their front page editorial on that yesterday, as well as a cartoon, see below, Libération has their main headline and top story today on Hungary, calling the EU (and EPP) silence massively shameful.

Daniel Cohn-Dendit is one of the few making noise, and he underlines that the EP has been more vocal than others.

Wind power

by Jerome a Paris (etg@eurotrib.com) on Wed Jan 4th, 2012 at 05:54:57 AM EST
[ Parent ]
That cartoon now makes the rounds in Hungarian blogs, and they say it was perinted alongside the Le Monde editorial (though I don't find it next to the on-line version). The focus of the editorial is on EU (in)action,

I don't like the first paragraph, though:

Comme pour sortir d'un horrible cauchemar, les Hongrois, enfin, se réveillent. Le spectacle de dizaines de milliers de citoyens défilant, lundi 2 janvier, dans les rues de Budapest pour protester contre l'entrée en vigueur d'une Constitution qu'ils jugent antidémocratique constitue un sérieux coup de semonce pour le premier ministre, Viktor Orban. Jamais, jusqu'à lundi, l'opposition n'avait réussi à s'unir suffisamment pour être audible. C'est fait.Like exiting a horrible nightmare, Hungarians finally wake up. The sight of tens of thousands of defiant citizens marching, in the streets of Budapest on Monday, 2 January, to protest against the entry into force of a constitution that they deem undemocratic, is a serious wake-up call for Prime Minister Viktor Orbán. Until Monday, the opposition never had managed to unite enough to be audible. It's done.

I sense a touch of paternalism, I wonder whether the "audability" of this protest in the ears of Le Monde's editorial board has more to do with the EU outrage in connection with the central bank than the unity or numbers of protesters. This wasn't the first protest, and maybe it wasn't even the largest. Last year there were protests estimated at 10,000 or above on 14 January, 15 March (day of the 1848 Revolution; this protest called for by a Facebook group was probably just as big as Monday's at 20-30,000), 16 April, 16 June (this one was the "Clown Revolution", organised by that police union when Orbán said that he will only send his 'clown affairs state secretary' to talk with the unions; 20,000 counted by paper), 1 October 2011, 23 October (day of the 1956 Revolution; probably bigger than Monday's at 40-50,000) and 3 December. So I doubt that there have been many in the crowd on Monday who 'finally waked up' only now. Many of these were reported at least in German media, so audibility is relative. On the other hand, Le Monde is speaking collectively about "the Hungarians" – well most citizens could be counted as apathetic; that is, many have woken up to the fact that Fidesz is no saviour either, but not to the fact that this system must end even if you are disgusted with all other politicians too.

*Lunatic*, n.
One whose delusions are out of fashion.

by DoDo on Wed Jan 4th, 2012 at 08:09:10 AM EST
[ Parent ]
Like exiting a horrible nightmare, Le Monde finally wake up.

But they can't start like that...

Sweden's finest (and perhaps only) collaborative, leftist e-newspaper Synapze.se

by A swedish kind of death on Wed Jan 4th, 2012 at 08:28:25 AM EST
[ Parent ]
The focus of the editorial is on EU (in)action,

...suggests the application of Article 7 of the Treaty On European Union (see downthread), and notes the EU's failue in its attempt to deal with Austria (also noted by Migeru downthread). (They also endorse lack of EU and IMF financial support in the economic crisis, but without a critical evaluation of EU/IMF terms, sigh.)

*Lunatic*, n.
One whose delusions are out of fashion.

by DoDo on Wed Jan 4th, 2012 at 08:56:23 AM EST
[ Parent ]
EU silence is indicative as silence usually means agreeing...
I am afraid in 5-10 years you may (or you may not have a chance to) write same diary about EU as a whole. This gives me a creeps and my hair goes up.


Science without religion is lame, religion without science is blind...Albert Einstein
by vbo on Wed Jan 4th, 2012 at 11:16:39 PM EST
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