Skip to content
Tuesday 1 September 2026London --:--Frankfurt --:--Zurich --:--
NewslettersSearchEN · DE · FR
MorningWire

European business, markets and politics

FTSE 100
10,789.28
-0.32%
DAX
25,970.11
-1.10%
CAC 40
8,301.85
-0.39%
STOXX 50
6,368.98
-0.80%
  • Europe
  • Markets
  • Business
  • Economy
  • Regulation
  • Politics
  • Opinion
More
GermanyFranceEU InstitutionsCompetitionPublic AffairsBankingTechnologyEnergy
  • Germany
  • France
  • Europe
  • Markets
  • Business
  • Economy
  • Regulation
  • Politics
  • Opinion
  • DE
Thursday 18 October 2012 7:30 pm

Rapid responses

By: KCS-content

Add as a preferred source on Google

Greek reform

[Re: Greece must stop hitting snooze and wake up to economic reform, yesterday]

Although Matthew Melchiorre is right to criticise Greece’s politicians for failing to reform their state, he misses a bigger issue. Politicians aren’t operating in a vacuum. Much of the Greek public – quite unlike the Estonians or Irish – doesn’t accept the importance of reducing the deficit. The classic illustration is chronic tax avoidance. A recent study suggested that the average income of a Greek worker is 1.92 times larger than is reported to the government – shrinking the country’s tax base by $34bn (£21bn). And the success of far-right and far-left anti-austerity parties just confirms this lacklustre willingness to sort Greece out.

Emil Sells

………………..

London’s airports

[Re: As Gatwick looks to build a second runway, does expansion make good business sense?, yesterday]

Another runway at Gatwick is a second best solution. Gatwick is further from London than Heathrow and has fewer infrastructural connections. Increasing capacity is also not a zero sum game. Heathrow is an international hub airport, and many travellers fly into London to take a subsequent trip elsewhere. Business people will not want to arrive at Gatwick, travel to Heathrow and then take their connecting flight. Only expanding our existing hub – Heathrow – will allow Britain’s airports to compete with international rivals like Charles de Gaulle in Paris.

Michael Grantley

………………..

TOP TWEETS

People who shop around for the best energy deal should be rewarded with lower prices. People who don’t should pay more.
@Heresy_Corner

I see Labour is waffling about energy prices. Never forget that, thanks to Ed Miliband, a large portion of your bill is green taxes.
@Rich_I

If energy companies are forced to charge the lowest tariff, surely they will increase prices across the board.
@lloyd_m_brown

We’re sitting on hundreds of years worth of coal. We must look properly at clean coal in the battle against increasing energy prices.
@MarkSpencerMP

Share this article

  • Facebook
  • X
  • LinkedIn
  • WhatsApp
  • Email

Similarly tagged content:

Sections

  • Opinion

Categories

  • Opinion

Related Topics

  • NULL

Trending Articles

  • ‘Misleading’ Frasers ad banned amid feud with watchdog 

  • UK economy stuck in ‘slow lane’ as business investment to slump 

  • Meraki Capital Launches Tessero Across Six European Markets Following Landmark Hays Acquisition

  • Lost Village festival review: is this posher than Wilderness?

  • FOMO drives Premier League clubs to new record summer spending of over £3bn

More from Morning Wire

  • Greek wine perfectly suits summer. These 5 bottles are the best

    Life&Style
    Two women smiling, one in blue holding white Greek wine, another in white holding red wine, under grapevines.
  • Has The Odyssey made the classics cool now?

    Life&Style
    Christopher Nolan directing a scene from his film The Odyssey, highlighting the modern revival of ancient Greek classics.
  • Keir Starmer wasn’t weird enough for Westminster

    Opinion
    Keir Starmer holding a football with a World Cup logo, smiling and engaging in a sports event discussion.
  • The pensions triple lock is a travesty. Our politicians must fess up

    Opinion
    Young people face the risk of failing to save enough in their pension
  • Fixing the £100,000 tax trap would be a bold first step – let’s not undermine it by taxing investment more

    Opinion
    Canada skyline featuring iconic skyscrapers and modern architecture against a clear blue sky
  • Burnham accused of ‘piecemeal’ business rates reform

    Hospitality
    Andy Burnham in glasses drinking a pint of beer at a pub gathering.
  • Civil service reform? Burnham is rearranging deck chairs

    Opinion
    Andy Burnham in a dark suit and glasses, standing before a 10 NORTH graphic display.
  • Burnham risks ‘breaking manifesto’ without business rates reform

    Retail
    Andy Burnham speaking at a public event, addressing the audience with a focused expression, highlighting his leadership role.
MorningWire

Independent European business, markets and political news for decision-makers.

Morning Briefing

Europe

  • Germany
  • France
  • EU Institutions
  • Europe

Business

  • Markets
  • Business
  • Economy
  • Regulation
  • Competition
  • Public Affairs

Editorial

  • Opinion
  • Editorial Policy
  • Corrections
  • Contact

Company

  • About Morning Wire
  • Privacy Policy
  • Terms of Use
  • Cookie Policy
© 2026 Morning Wire Ltd · Published by Morning Wire Media, Bahnhofstrasse 65, 8001 Zürich, Switzerland
Privacy · Terms · Cookies · Facebook