Econowatch

Econowatch

Economists Stephen Gordon (ULaval), Mike Moffatt (Western) and Kevin Milligan (UBC), as well as Macleans.ca’s Erica Alini and guest bloggers write about the economy and economic policy in Canada, the U.S. and the world. We like charts. On Twitter, follow Stephen: @stephenfgordon; Mike: @mikepmoffatt; Kevin: @kevinmilligan and Erica: @ealini.

David Cameron, party pooper

by Erica Alini on Wednesday, January 23, 2013 1:31pm - 0 Comments

(Suzanne Plunkett/Reuters)

There, he finally did it. British Prime Minister David Cameron delivered his much-anticipated and several times delayed Europe speech today, promising an “in-out” referendum over whether Britain should stay in the EU by 2017.

Predictably, other European leaders were not impressed.

Speaking at Davos, where the 43rd edition of the World Economic Forum is in full swing, outgoing Italian PM Mario Monti tried to sound a positive note, saying he is “confident” British people will vote to remain in the Union. But, sharp jab at British Eurosceptics, he also said the EU needs “willing Europeans.”

Needless to say, the news from across the English Channel spoiled the mood at the WEF:

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From Macleans