In These New Times

A new paradigm for a post-imperial world

Posts Tagged ‘european construction’

Between nationalist populism and European technocracy

Posted by seumasach on July 7, 2013

European political crisis: Between nationalist populism and European technocracy, it’s going to be time to ask people their opinion

LEAP 2020

15th March, 2013

Whereas since the upheaval in 2008, the world somehow deals with the ceaseless aftershocks (US political deadlock or dramatic presentations on the debt ceiling and deficit reduction, bank or country rescues, European sovereign debt, currency wars, geopolitical tensions,…), Europe is entering a new phase of the crisis, this time political. Until now Brussels technocrats have been steering Europe in the crisis who succeeded in overcoming Member States’ divergences to save the structure. In the situation’s urgency, regularly recalled by “the markets” which cause a reign of terror in the West, the management of the crisis hasn’t worked too badly and people have accepted the sacrifices until now without making too many waves. Thus Greece has reeled but not exploded, public demonstrations in Spain have been moderate, naming Mario Monti at the end of 2011 to run Italy didn’t set the country ablaze.

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EU forges bank bailout deal to protect taxpayers

Posted by seumasach on June 27, 2013

“Bail-in is now the rule,” Ireland’s finance minister, Michael Noonan, said. The rules put an end to moral hazard by making it clear that banks would suffer before the government might come in to help, if at all, he said. “This is a revolutionary change in the way banks are treated.”

Guardian

27th June, 2013

 

The European Union has struck a deal on rules establishing who will pay for future bank bailouts without taxpayers having to foot the bill.

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Europe needs a central government to manage its debt crisis

Posted by seumasach on June 6, 2012

Marek Belka

CS Monitor

5th June, 2012

As Spain’s credit possibilities dry up, the strength of the eurozone is further tested. If the European Union is to shield against the negative effects of globalization – like the current debt crisis – it needs a fully empowered, legitimate central government, writes a former Polish prime minister.

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The essential point of the last EU summit: Fiscal Union – Banking Union – Political Union

Posted by seumasach on June 4, 2012

Protesilaos Stavrou

Newropmag

1st June, 2012

Much can be said about Wednesday’s, May 23, EU summit. Reporters will be busy in analyzing the diverging views between the French President Mr Hollande and the German Chancellor Mrs Merkel over the issue of eurobonds. Economists will be divided over the additional capital that needs to be given to the European Investment Bank and the actual leverage it can afford, to carry out massive investment projects across the area’s most hardly-hit regions.

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[Press Release] Newropeans demands for a common Euroland economic Government – now!

Posted by seumasach on May 12, 2012

NEWROPEANS Press Release
http://www.newropeans.eu
10_05_12 EN (2/2012)

10th May, 2012

Newropeans demands for a common Euroland economic Government – now! The election of François Hollande in France will also accelerate the democratization of Euroland

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Occupy the future of Europe! : AGORA AEGEE MAY 2012 speech Franck Biancheri

Posted by seumasach on May 10, 2012

LEAP 2020

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Eurozone: concrete steps towards growth

Posted by seumasach on May 8, 2012

New Europe

8th May, 2012

On Tuesday 8 May in Athens, amidst the political turbulences that the results of Sunday’s election brought to the country, it was very interesting to watch the Greek Treasury raising easily €1.3 billion in T-Bills at an only slightly increased interest rate.

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