Saturday, May 29, 2010

Europhrenia - Ryanair, masters of actually existing capitalism

The Irish Times has just reported that ex-Commissioner Charlie McCreevy has been appointed to the board of Ryanair. For a while the European Commission wrestled with its conscience as to whether this might be a conflict of interest, and won. McCreevy, with his oodles of insider knowledge of labyrinthine EU processes must surely not be without his uses to the low-cost airline much of whose profits are derived from EU regional funds. McCreevy is joining just as the Commish reopens seven inquiries into some of Ryanair's allegedly dodgy contracts with European airports. His work, though, as a director is restricted “to avoid any perception of a conflict of interest.” All above board then, perceptions wise. To my utopian minded Central and Eastern European colleagues who are all devotees of the free market, I’m often compelled to draw their attention to such glowing examples of Actually Existing Capitalism.

Still on the subject of planes, over forty days after his death in the Katyn air disaster, French daily Libération reports that Kaczynski mère has been finally informed of her son Lech’s demise. This comes a week after Russian investigators confirmed that there were non-crew members in the cockpit at the time of the disaster. “The question of whether the crew were pressured to land remains unanswered,” an official said. Ouf, as they say in Paris. It’s still quite plausible, isn’t it, that the non-crew members were in the cockpit wondering whether it was a good idea to land. All that fog. The Libération headline for the above story runs “Goodbye Lenin with the Kaczynskis". Ouf again.

More Europhrenia at presseurop.eu...

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