Tag Archives: Germany

Schaeuble: EU needs flexible speeds

It is not realistic to take further steps towards European Union integration at this point and after Britain’s vote to leave the bloc its remaining members must be ready to form ‘coalitions of the willing’, German Finance Minister Wolfgang Schaeuble said.

“Given the current situation, it is not realistic to think that we can take further steps towards deepening European integration at the moment,” he said on Thursday on the sidelines of International Monetary Fund meetings in Washington.

“We need to respond to urgent questions in a way that is visibly European, and we need to find European solutions to acute problems,” he added, “We need flexible speeds, variable groupings of countries, ‘coalitions of the willing’, whatever you want to call it in a particular situation.”

No bail-in for Greece

greece-demo

“There must not be a bail-in,” Jens Spahn told German broadcaster Deutschlandfunk.Greece must not be granted a “bail in” that would involve creditors taking a loss on their loans, Germany’s deputy finance minister said in an interview broadcast on Sunday, reiterating the German government’s opposition to debt relief for Athens.

“We think it is very, very likely that we will come to an agreement with the International Monetary Fund that does not require a haircut,” he said, referring to losses that Greece’s creditors would have to take if debt was written off.

 

Brexit 'divorce' bill premature

fleet-street

German and Italian officials back Brexit chief negociator Michel Barnier over ‘divorce’ costs of 60 billion euros ($63 billion), first articulated by the Austrian Chancellor Christian Kern, becoming the first EU leader to put a value on the size of th, U.K.’s Brexit bill. The expert see the amount as a ‘punishment’ of the EU27 block for the UK departure.

“There will be a lengthy debate about the check that has to be paid by the U.K., because 60 billion euros is a significant amount of money,” – Kern said.

However the future of the bill is unclear due to the upcoming elections in a number of the EU key countries, including The Netherlands, France, Germany and Italy. The ‘cost’ of #Brexit might significantly differ, derriving form the political decisions of forces accending power. Moreover, in case Dutch nationalist politician Geert Wilder will get an overwhelming number of seats in the Parliament in upcoming elections on the 15th of March, he would push the referendum agenda for the membership in the EU. The similar promise made French candidate for presidency Marine Le Pen.

The current assessemnts are made in bona fide there will be no major changes in the organisation within next two years, preceeding the UK exit. Subseuqently the discussions of the  Brexit ‘divorce’ bill are  premature – nobody knows how the EU project will look like by the end of 2017.

Greek debt dilemma

homeless-men-athens

In Germany a half of citizens are against offering debt relief to Greece and around three in 10 prefer Greeks to leave the euro zone, a survey showed on Friday.

The INSA poll for the newspaper Bild showed 46.4 percent of people living in Germany, Europe’s paymaster, thought giving Greece debt relief would be unfair for other euro zone countries.

That compared with around one fifth (18.4 percent) who did not share that view and 9.1 percent who said they did not care.

Athens and its creditors – euro zone member states and the International Monetary Fund – agreed on this week to resume talks on a long-stalled review of Greece’s bailout, but only after Greece accepted examination of its reforms for 2019 onwards.

Greece in lethargy of recession

greece-oxi

Greece and its international lenders made clear progress towards bridging differences over its fiscal path in coming years, moving closer to a deal that would secure new loan disbursements and save the country from default.

“We made substantial progress today and are close to common ground for the (lenders’) mission to return to Athens the coming week,”  Jeroen Dijsselbloem said on Friday.

Greek Finance Minister Euclid Tsakalotos met with the chairman of euro zone finance ministers Jeroen Dijsselbloem and top officials from the European Central Bank, the euro zone bailout fund, the European Commission and the International Monetary Fund to break a two-month deadlock in talks.

“We can’t undertake a debt haircut for a member of the European single currency, it’s ruled out by the Lisbon Treaty,” – said Gemran Finance minister Wolfgang Schaeuble said on broadcaster ARD. “For that, Greece would have to exit the currency area.”

GERMAN CABINET TO VISIT ISRAEL

Merkel. A next term as Bundeskanzler. Not sure yet...

Merkel.

German Chancellor Angela Merkel is to pay a 24-hour visit to Israel Monday with her entire cabinet of 15 ministers who will participate in consultations with the Israeli government.

According to the Times of Israel, the government to government consultations – to focus on ‘’innovation’’- will be the largest in the history of the country. These consultations take place since 2008 either in Berlin or in Jerusalem and reflect the “special relationship” between the two countries.

The visit also kicks off the preparations for next year’s celebration of 50 years since the establishment of diplomatic relations on May 12 1965.

Israeli Prime Minister Benjamin Netanyahu and the German chancellor are expected to unveil the official logo for the jubilee.

Although press reports in Germany say that relations between the two countries have been somewhat tense on several topics such as Iran or the settlements, the Israeli foreign ministry spokesman Yigal Palmor said that press reports sometimes exaggerate negative headlines while neglecting the many positive aspects of bilateral relations.

There are plenty of examples that highlight the special friendship between the two countries, such as a multitude of joint commercial and development projects and political cooperation.

“The German-Israeli relationship has its share of misunderstandings, misgivings, complexities and special sensitivities,” he said. “There are ups and downs, shadows and lights, but the bottom line is that it’s a good relationship.”

Palmor did express the hope that the Germans, more than other nations, would strive to pay special heed to Israel’s needs. “Of Germany, we expect more,” he said.

Merkel’s last visit in Israel was in December 2012. In 2008, she addressed the Knesset, the Israeli parliament, where she vowed that “Israel’s security will never be open to negotiation.”

source: European Jewish Press

BRUSSELS COMPANY SELECTED FOR LOS ANGELES AWARDS

BRUSSELS/LOS ANGELES

PROXISTORE ® is a brussels business. It is a leader in local digital advertising and is present in Belgium, France and Germany with a network of premium publishers. Via its own geo-localization engine more than 140 millions of surfers are reached, including 5 million Internet users in Belgium. The company is also developing its expansion in the rest of Europe. The activities of sales, marketing and research and development are based in Brussels, in collaboration with the European sales teams. Proxistore is also a member of the IAB Europe.

PROXISTORE is currently selected for the RED HERRING 100 AWARDS which take place in Los Angeles today. We come back to this exciting news

Frederic Convent, VP Strategic Alliances hearing of his selection

Frederic Convent, VP Strategic Alliances hearing of his selection

LETTER FROM THE PUBLISHER

Mig

 ARE SOME COUNTRIES MORE EQUAL THAN OTHERS TO PLAY INTO THE EU INTERNAL MARKET ?

 In the italian company’s Frabo case, a SME lead by a woman won against a german certification company at the european court of justice.

The point now is: why is the german press is not interested, at least, to light a small candle to see better what’s going on in  this case ? The entire German sector of energy products (gas and water) is under major changes because of the law proceedings brought by a small Italian SME, while the  german press remains silent to highlight the case.  The oldest German technical body, more than an “institution” in Germany -DVGW- , has to change its skin because of a battle led by a small Italian company run by four women (cousins), and the German press does not report anything on that. Why ?

There are strong accusations of lobbying into the Commission. These accusations are made by the italian press (Corriere della Sera, IlSole24, Giornale di Brescia>>>), and the german journalists refuse to react !

The point is: why ? why don’t they consider that this strongly “European” case should be communicated to german readers? Probably because they consider it’s not good to show all the advantages got by Germany through the Union, while Germany is using the common market to its own profit ? Is it better just to criticize southern countries? This is real economy. This case shows how Germany uses internal market, thanks also to undue pressure and power within the EU Commission,in order to sell german manufactured products in other countries. But when other countries want to sell their manufactured products in Germany, the same rules do not apply.

The southern countries are vilified while Germany should always be the strongest and perfect man in Europe. It’s to easy to let it as it is!

This case shows whatsoever that the Internal market is a magnificent machine, which just needs to be properly used and cleaned from  national pressures within the  Commission. Pressure that strips points of national GDPs.

Commissionner Barnier: will you get the balance right ?

Commissionner Barnier: will you get the balance right ?

We stand in the arena, waiting for an open debate on this case. We claim to know the clear vision of the Commission after the decision of the court of justice of the union in the case Frabo/DVGW

A case that shows how EU is a huge dream, where anyone can challenge the most powerful member state and, just using EU internal market regulations, can force this country to change the regulation of an entire sector.

This case should be well know by young  Europeans, as a model and a philosophy which shows that: “in EU you can do it”. The efforts of any single European can add something to our future. Young people have the means to develop a better world, just using what previous generation have developed: the European Union, a space of great peace and exchanges between its citizens.

 German guys, you’ve got the right to know! You too !

Miguel D. DESNERCK, publisher brusselsdiplomatic.com

 

VISIT OF THE AMBASSADOR OF GERMANY IN THE REGION OF TOURNAI

Last tuesday, the Ambassador of Germany to the Kingdom of Belgium, Dr Eckart CUNTZ paied a visit to the city and the region of Tournai.

H. E. dr. jur.  Eckart Cuntz. photo (c) Zaman

H. E. dr. jur. Eckart Cuntz.
photo (c) Zaman

It was an economical visit and the aim was to realize which economic possibilities the region has to offer while pointing out a future collaboration with Germany.

The Ambassador was received by Rudy Demotte, mayor of Tournai.

The report of the regional TV No Tele

 

MDD