Saturday, 3 December 2011

Jacques Delors Interview: Euro Would Still Be Strong If It Had Been Built to My Plan

THE DAILY TELEGRAPH: Former president of the European Commission Jacques Delors talks to Charles Moore about the fate of the euro.

To use that British understatement that Continentals enjoy, one might suggest that it has not been a good year for the euro. And now, some say, only about a week remains to put things right. So who better to question than the man who invented it? In Paris on Wednesday, I called on Jacques Delors.

Mr Delors, who was President of the European Commission from 1985 to 1995, is the only foreign bureaucrat ever to have become a household name in Britain. In 1988, he enraged Margaret Thatcher by coming to address the British TUC on the joys of the European “social dimension”. Her famous Bruges speech later that month was her attempt to stand against the tide of European integration that he represented.

It was Mr Delors whose report produced the plan for what we now call the euro. He was such a demon figure for British eurosceptics that The Sun produced the headline “UP YOURS, DELORS” and invited its readers to turn, face the English Channel and make a rude gesture at him in unison.

I climb several twists of typical steep Parisian stairs to a modest office. The small, bespectacled figure who greets me is old in years — he was born in July 1925, three months before Mrs Thatcher — but with undiminished physical and mental vigour. We talk for two hours, and one feels he would happily continue for another two.

Mr Delors is known for his austerity, but the man I converse with is not stiff or pompous. He remembers his old adversary with a slightly amused respect, noting her immense capacity for work and her vision in looking for change in the Soviet Union before others did.

He reflects on their difference of background and character: “I think for Mme Thatcher I was a curious personage: a Frenchman, a Catholic, an intellectual, a socialist.” Continue reading and comment » | Charles Moore | Friday, December 02, 2011

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