Monetary and military union are doomed By Boris Johnson
PITY the poor Serb opposition parties: two men and a dog puffing gloomily in darkened rooms and raving about democracy. Whenever they try to visualise the world after Slobodan Milosevic, they grope for the same hackneyed phrase.
"We must join Europe," they say. "We must take part in European integration!" booms the Rasputin lookalike Vuk Draskovic; and I feel like blurting, Vuk, my friend, what the Vuk are you talking about? Somehow, amid the massacres, Belgrade's newspapers Blic and Politika have not devoted much space to the fate of the euro or the excitement of the Cologne EU summit. Otherwise these Serbs might see the irony.
What is this Europe whose 12 stars shine distantly in the eyes of the bombed-out Yugoslavs? It is a Yugoslavia in the making, an attempt to turn the whole continent into a string-and-bubblegum Balkan state, with political institutions considerably less awe-inspiring than Tito, and roughly the same democratic credentials.
I remember the shock of those benevolent EU Foreign Ministers, Jacques Poos, Hans Vandenbroek and Gianni De Michelis, when we flew to Zagreb on that bonkers mission from the Luxembourg summit in June 1991. "This is the hour of Europe," said the great Poos, helmsman of Luxembourg's external relations. He was going to explain to the Croats and the Slovenes that they had it all wrong. The "in" thing was integration, he said, not splitting up. And I remember the stunned embarrassment of the EU delegation on discovering that, at the very moment when they were abolishing their currencies to create the euro, the Croats and the Slovenes had just reinvented their own, called (I think) the ban and the lipar.
How dreadful, we were supposed to think, that these Balkan types had succumbed to a primitive instinct for national self-determination; but of course they did. The deep truth of the Euro experiment is that nations always will. Down, down, down goes the euro, which has now lost almost 10 per cent of its original value against the dollar. The mere fact of its decay is perhaps unimportant. Currencies bounce around. A low euro might even help the stagnant continental economies to export. No, what matters are the reasons for the euro's fall, and among them is that the markets do not believe in the people running it.
Why should they have any confidence in Wim Duisenberg and his colleagues in their Frankfurt eyrie? Who really believes that the European institutions will prevail of the chicanery and incompetence of national governments? You will perhaps remember the birth of the euro bank last year, when France humiliated the Dutchman. Against all the statutes of independence, the French bullied Wim into coming before heads of government and making a personal pledge that he would quit early, in favour of a Frenchman - so making a nonsense to a four-year term.
Immediately the markets sucked their teeth and demanded to know how such wimpishness could serve as a guarantee of the euro's stability. Now they are seeing their fears borne out. Scarcely bothering to explain or apologise, the Italian government has decided to bust out of Maastricht's corsets by running up an excessive budget deficit. If our leaders had any sense, they would be concluding that there are limits to the ability of EU institutions to coerce and control. Instead, they seem to be drawing the opposite conclusion: that we need more federalism. Let's have a Euro-army, said the heads of state at the Cologne summit: or rather, let's move that way by June next year.
You can see why they say it, in a way. Every since Jacques Poos coined his inanity about the hour of Europe, the former Yugoslavia has been a graveyard of EU pretensions. The Americans had to come along in 1995, at last, to knock heads together at Dayton. As for this latest catastrophically incompetent war, it has been America's show. When my tea-cup rattles in my hotel because of the sonic boom 15,000 feet up, it is a dime to a dollar that it was an American jet. America has provided 90 per cent of the munitions. America got us into an unsupported air war, mainly because of the inept ultimatum of Madelaine Albright.
It was American rules of targeting (their boys are told to hit anything that could be a military target; our boys only hit things that are military targets) that have helped blast so many civilians to pieces; but at least the bombing has finally, in some sense, and then only after having triggered the worst pogroms since the Second World War, worked.
The great thing about Nato is that there is a universally acknowledged chief, who is called the Supreme Allied Commander in Europe, and he is always an American. Nato has a natural hierarchy, in which deference is accorded to the world's hyper-puissance, as the French put it, the country with the bucks and the bombs. Who would be the central authority of this putative EU defence force? It couldn't be the British because that would offend the French, and vice versa. It couldn't be the Germans, because everyone would find that too spooky. So they have apparently settled on Javier Solana, the stubble-bearded former Spanish Foreign Minister who is to be the "supreme head" of the new Common Foreign and Security Policy (CFSP).
Let us imagine that Europe had been running the Kosovo war on its own. Let us imagine that EU taxpayers were ready to spend the $100 billion on defence that would require. How would it work, when 67 per cent of the British people are in favour of bombing and 99 per cent of Greeks are against it? What would Señor Solana say, when most Spanish electors are against it? What would the Supreme Head of the CFSP say if Britain and Argentina had another spat over the Falklands?
The problem with these EU supremos, like Wim and Javier, is that they are neither sufficiently potent to command respect nor sufficiently accountable to earn people's trust. In an ideal world, one might imagine that people would feel represented in Brussels by the Euro MPs, whose elections fall this week. Look at them. They had one moment of glory, when, in spite of all that the Labour MEPs did to prevent it, they "sacked" the Commission. And yet Jacques Santer and his gang are still there, luxuriating in their petrol coupons and their tax-free salaries. Where's the accountability in that?
To make the whole thing work, you would need to force nations together, e pluribus unum, into a single polity; and you would need a single commanding authority, in Belgium as there once was in Belgrade, a single figure whose gold-braided image appeared on the wall in every fly-blown police station and whose name and superscription appeared on the coinage. That, thank heavens, will never happen, and if it did, as we have seen, it would eventually blow apart.
Boris Johnson is assistant editor of The Daily Telegraph. telegraph.co.uk |