Ep.121: Ungoverning the EU

The buzzword in Brussels is simplification. In reality it’s a euphemism for sweeping deregulation and it marks a dramatic U-turn for the European Union. For decades, the EU prided itself on being a regulatory superpower, capable of extending its influence through protective and demanding regulation. That's now changing. A year ago Mario Draghi, the former president of the European Central Bank, dusted off the timeworn idea of cutting red tape. Draghi's message was eagerly embraced by many EU ...