Blog: Chris Brook-CarterEurosceptic?

Chris Brook-Carter | 22 October 2003

It was interesting to read comments by Allied Domecq CEO Philip Bowman, following the company's annual results yesterday, concerning the euro. The debate over the euro and its effects on the drinks industry are a contentious issue. And, certainly Bowman's comments offer the perfect spark for debate, after he launched an attack on the currency as Allied struggled in the eurozone.
"I'm very bearish on Europe. I have always had a concern that if you introduced a single currency and removed two of the three economic levers - interest rates and exchange rates - leaving only fiscal rates to manage [individual countries'] economies there would be a considerable amount of pain," Bowman said.
It may make an interesting exercise to conduct something of an old-fashioned "vox pop" on the back of this statement, so we can get some idea of the trade's general perception of the euro. If the responses are interesting enough, we'll publish them as a feature next week. So send your thoughts to chris@just-drinks.com.

BLOG

Non-alcoholic beer fails the Bernstein challenge

Crazy days in the Bernstein offices. Taking time out from being one of the world’s top beverage analysts, the Bernstein team, lead by its London-based veteran Trevor Stirling, held its very own taste ...

BLOG

AG Barr launches Funkin innovation search

AG Barr has lined up a Funkin campaign in the UK to find an 'innovation champion'. ...

BLOG

Are you a beer geek? Take the Brewdog quiz and find out

Brewdog, the Scottish craft brewer, likes to claim its drinkers are some of the most knowledgeable around....

BLOG

The (temporary) return of Paul Walsh to the drinks debate

Paul Walsh just can't stay away from the drinks industry....

just-drinks homepage



Forgot your password?