Can the EU survive?

Posted By Anders On March 12, 2009 @ 00:37 In English, Euromed | 2 Comments

Added at 16.00 March 12: Strobe Talbott, President of the US Think Tank, the [1] Brookings Institute, the [2] adviser of US presidents,
10. March,  2009:"I came back from Europe  very worried , if the European Project, the EU, will survive the financial crisis."

[3] Deutsche Welle 28 Febr. 2009 We do not want any new dividing lines; we do not want a Europe divided along a North-South or an East-West line; pursuing a beggar-thy-neighbor policy is unacceptable," Czech Prime Minister Mirek Topolanek, who is to chair the meeting as current holder of the EU's rotating presidency, said on the eve of the summit (march 1, 2009).

1. But the summit's preparations were marred by a bitter row between the Czech Republic and France — the previous holder of the presidency — after French President Nicolas Sarkozy criticized French car makers who had shifted production to central Europe and said French auto companies should give priority to French workers.

Misfornøjet-finsk-udenrigsminister2. Trouble also flared ahead of the summit after Germany hosted a meeting of the European members of the Group of 20 (G20) leading economies — Britain, France, Germany and Italy — on February 22. Spain and the Netherlands were also invited to the meeting, which was meant to pave the way for a G20 summit in London on April 2. But the inclusion of the two non-members infuriated countries such as Poland, Finland and Sweden, who saw it as a snub and warned that such actions risked breaking the EU up into cliques.

Left: Finlands Foreign Minister Stubb. In indian sign language this sign means crazy!

 The EU on the verge of an “economical Iron Curtain”
[4] The Telegraph 1 March 2009: Hungary warned the growing split threatened to provoke outbreaks of social unrest and a flood of unemployed immigrants travelling to Western Europe in search of jobs.

[5] Ferenc-gyurcsany-briefs-media-ahead-of-anFerenc Gyurcsany, the Hungarian prime minister, called for a £169 billion bail-out of Eastern Europe to prevent a major crisis that would reverberate across the continent.
He spoke as nine Central and Eastern European countries – Poland, Hungary, the Czech Republic, Slovakia, Latvia, Lithuania, Estonia, Bulgaria and Romania – held an unprecedented breakaway summit before the meeting of all 27 EU member states in Brussels.
He said: "We should not allow a new iron curtain to be set up and divide Europe in two parts. .
"A significant economic crisis in Eastern Europe would trigger political tensions and immigration pressures. With a Central and East European population of around 350 million of which 100 million are in the EU, a 10 per cent (default rate) increase would lead to at least 5 million additional unemployed within the EU," he wrote.
[6] HUNGARY-ECONOMY_1357983cMr Gyurcsany went on to forecast "massive contractions in economic activity and large-scale defaults" with governments in Eastern Europe refusing to pay back up to £89bn of debts owed to Western European banks. "A 10 per cent default rate on the Eastern European external loan book would put significant further strain on the solvency of the European banking sector, the capital impact would be at least. EUR 100bn," he said.

European Commission president José Manuel Barroso said: "There was consensus on the need to avoid any unilateral protectionist measures." But Angela Merkel, the German chancellor, dismissed the call for an Eastern Europe aid fund.
The gathering followed a bitter row over protectionism .

But what does “no protectionism” mean?
The Telegraph 1 March: Sarkozy claimed that the Czechs, and other countries, should be grateful for jobs in factories owned by French automobile makers. "If we don't save the parent company then the subsidiaries will come down as well," he said. "You might well be surprised that we did not ask these [7] Sarkozy-topolanekcountries whose friends we are, where these plants are in, not to help us in bailing out our automotive industry."
The French president insisted that the United States, rather than Europe, was the source of protectionist threats. He said the situation in Europe meant no-one could accuse any country of being protectionist when the Americans had put up $30 billion (£21 billion) to support their automotive industry.

Sarkozy - EU Pres. Topolanek (Czechia). Who is bigger?

This is going to be so expensive that it can break the backbone of Western Europe
From the [8] Economist 27 Febr. 2009: Bailing out the same mythical Polish plumbers who just stole everybody’s jobs will be hard for Europe’s leaders to sell on the doorsteps of Berlin, Bradford and Bordeaux, especially with the xenophobic right in full cry. German taxpayers are already worried that others are after their hard-earned cash. The bill will indeed be huge. The meltdown of any EU country in the region, let alone the break-up of the euro or the single market, would be catastrophic for all of Europe.

But the first thing to leave a High Priest is faith – the last thing is his gift to sell the message nevertheless:
Expansion, expansion, expansion to the end of the world
Barroso, EU Press [9] Barroso-satanist[10] The Lisbon Treaty is the treaty of enlargement. It will make the EU more efficient, and make further enlargements possible. But institutions alone are not enough. As well as greater capacity to act, we also need a greater willingness to work together. We need to develop a real culture, a real mind-set, for European action.

Right [11] illuminist  (explanatory statement) EU Commissioner José Barroso making the sign of the horned “[12] Divine King – [13] Lucifer´s man to rule the world state

“As this crisis intensifies, our achievements together are increasingly coming under attack from those who fear open societies and open markets. As businesses fail, and job losses mount, the siren voices of economic nationalism are making themselves heard again, as if we have learned nothing from the 1930s.
Now is the time for concrete measures, at the European level, to help those most in need. And Europe is delivering: * balance of payment support for Hungary and Latvia worth almost €10 billion 
* frontloading of cohesion and structural funds releasing €11 billion - €7 billion of which for the new Member States. * a significant expansion in the European Investment Bank's activities, with an extra €15 billion per annum available in 2009 and 2010.  *Convergence lending will increase by €2.5 billion per annum, with particular emphasis on the new Member States.
The simple fact is, enlargement has always been a potent tool for spreading peace, democracy and prosperity to all corners of our continent. So enlargement should continue.”

[14] Joaquin-almunia-håndtegnNow the EU can only measure one succes: Economy – and cannot boast of any cultural succes – only postulate an enrichment we don´t see
March 2 Commisioner for Economy, [15] Joaquin Almunia: New Member States have expanded at a pace of 5.5% of GDP over the last 5 years, compared to the 3.5% of the previous 5 years - income per capita rising to 52% of the old member states average in 2008, up from 40% in 1999. Old Member States have also gained. Their sales to the new members increased to around 7.5% of their total exports in 2007, from 4 ¾ % a decade ago.  EU integration has also played a crucial role in reducing the very high levels of unemployment in the enlargement countries. 3 million new jobs were created in the EU12 between 2003 and 2007. The flow of workers from Eastern countries since enlargement has been absolutely crucial in meeting shortfalls in their labour markets and boosting growth.

EU Economy Commissioner Joaquin Almunía makes some peculiar [16] hand signs again and again as can be seen here.  I suspect them to be Masonic.

Joaquin-almunia-håndtegn 2Comment:
Here Almunia is taking undue credit for unusual “good” business conditions due an incredible plenty of money based on speculative values of castles in the air and borrowing by totally unqualified – subprime – customers as well as a total lack of responsibility in the financial sector. Countries outside the EU like Norway and Switzerland have done better than EU27 – even than the euro zone – which is also true of Denmark.

Now Mr. Almunia has [17] disappointed  the East European newcomers by stating that the EU has a rescue plan for the euro zone – although it just rejected any rescue for the outsiders in the East of the EU.

But what about the cement of the EU, the euro?
Former President of the German Bundesbank, 1980–1991, [18] Karl Otto Pöhl, says there is a serious threat to the survival of the European single currency. And Joschka Fischer, former German foreign minister and [19] orderly between the European  and the US Council on Foreign Relations, joins in: “Mr Fischer now thinks [20] monetary union is beyond saving. The European insitutions have lost virtually all authority in this crisis. The half-century Project is collapsing.” …
[21] Joaquin_Almunia-håndtegn-3.
A [22] report by the influential Economic and Financial Committee (EFC) for presentation to the EU finance ministers estimates the total volume of national economic packages in the EU for the years 2009 and 2010 at three to four percent of GDP of the community. "In 2010 the budget deficit in the EU is expected  at a level of 4.8 per cent, i.e. the highest value fo 15 years," says the paper. In the EU there is a deficit ceiling of 3.0 percent.

The EU countries have [23] not any financial [24] resources to address the serious economic crisis with another major bank rescue packages and economic impulses.  Nevertheless, the EU will now [25] back an IMF boost of 250bn dollars!!

The poor EU countries have suggested a eurozone [26] bond – to be paid for by Germany which is unwilling
However, lately Germany has promised to bail out all defaulting euro countries. This will probably not be possible, Germany´s industrial production shrinking 8,4% last year and the country having to [27] bail out its own banks and car producers .
Last week chief economist Jürgen Stark attempted to head off the bail-out plans. Angela Merkel hinted at Germany being [28] willing to deliver such bail-outs.  
[29] The Telegraph 23 Febr. 2009: German Finance Minister upped the ante with a pledge to "show ourselves to be capable of acting" if any euro member proves unable to roll over its debts. “
700,000 Germans are going to lose their jobs this year as unemployment rises to 4.3m (IFO Institute). Voters are not going to look kindly on any party seen to divert German savings to Ireland or Club Med (The Telegraph – above). The [30] Deutsche Welle confirms this.
 [31] [32] Euro-trap
The [33] Euro Trap:
“Romano Prodi candidly said once that the euro would one day lead to a crisis that would let the EU do things it cannot do now!

This is a long-held fear of eurosceptics: that EMU would lead to vassal states. Italy is really damned if it leaves the euro zone, and really damned if it doesn’t. Give up any hope – you who entered the EMU”.

What about moral differences?
The EU will represent a very l[34] iberal drug policy  in the UN – whereas Italy represents the position of the Vatican of a much more restrictive drug policy.

Comment
The sum mentioned above is very far from the 169 bn pounds of Sterling demanded by the East European countries.

The future of the EU is endangered by the current economical crisis – because the EU never succeeded in presenting a cultural alternative to the national way of being together. UK Foreign Minister  [35] David Milliband: "The sense of solidarity within Europe, between east and west, rich and poor, new and old is under strain - tested as never before."
 
Germany cannot give any money away in this election year – and it would also be illegal.

Nevertheless, the crisis limits EU´s possibilities to implement their plans on expanding Europe and the EU´s rule to the end of the world – thereby importing a flood from the Muslim world to “wealthy” Europe, as Allah commands (Sure 3:195, 4:97 and 100).  In June Muslim Albania is going to apply for EU candiacy. However, several EU countries will [36] not expand, until the Lisbon Treaty has been passed

“Our” non-elected rulers in the EU Commission form one diabolical brotherhood (See the candlestick under a magnifying glass). What are they going to do, when they see their power crumbling? Will they send for their [37] Europol, [38] EU-Gendarmerie and [39] EUFOR? Hardly – they are too dependent on the European Council.    

Do they know that their present crisis is just the beginning of a total economic collapse and possibly a chaos that is even much worse. No doubt they are dreaming of their [40] world government and [41] here, like their [42] illuminist  masters. Will they keep their work? I hope not!


Article printed from Euro-med: http://euro-med.dk

URL to article: http://euro-med.dk/?p=7169

URLs in this post:
[1] Brookings Institute: http://www.brookings.edu/~/media/Files/events/2009/0310_mgi/20090310_power.pdf
[2] adviser of US presidents: http://educate-yourself.org/nwo/nwotavistockbestkeptsecret.shtml
[3] Deutsche Welle 28 Febr. 2009 : http://www.dw-world.de/dw/article/0,,4064267,00.html
[4] The Telegraph 1 March 2009: http://www.telegraph.co.uk/news/worldnews/europe/hungary/4904025/new-iron-curtain-threatens-to-split
-europe-over-economic-crisis.html

[5] Image: http://euro-med.dk/billeder/billederferenc-2dgyurcsany-2dbriefs-2dmedia-2dahead-2dof-2dan1.jpg
[6] Image: http://euro-med.dk/billeder/billederhungary-2deconomy-1357983c.jpg
[7] Image: http://euro-med.dk/billeder/billedersarkozy-2dtopolanek.jpg
[8] Economist 27 Febr. 2009: http://www.openeurope.org.uk/media-centre/article.aspx?newsid=2355
[9] Image: http://euro-med.dk/billeder/billederbarrosso-2dr-f8destjerner1.jpg
[10] The Lisbon Treaty : http://europa.eu/rapid/pressReleasesAction.do?reference=SPEECH/09/83&format=HTML&aged=0&
language=EN&guiLanguage=enJosé

[11] illuminist: http://euro-med.dk/EU-Documents/Draft-EU-Legislative-Resolution-A6-0356-2007.pdf
[12] Divine King: http://www.bibliotecapleyades.net/sociopolitica/codex_magica/codex_magica24.htm
[13] Lucifer´s man : http://www.hourofthetime.com/majestyt.htm
[14] Image: http://euro-med.dk/billeder/billederjoaquin-2dalmunia-2dh-e5ndtegn1.jpg
[15] Joaquin Almunia:: http://europa.eu/rapid/pressReleasesAction.do?reference=SPEECH/09/77&format=HTML&aged=0&
language=EN&guiLanguage=en

[16] hand signs: http://images.google.com/images?q=joaquin+almun%C3%ADa+%2B+photos&rls=com.microsoft:*:IE-SearchB
ox&oe=UTF-8&sourceid=ie7&rlz=1I7GGLL_da&um=1&ie=UTF-8&ei=gritSZf9FcON-Aaw6Oj
PBg&sa=X&oi=image_result_group&resnum=1&ct=title

[17] disappointed: http://www.telegraph.co.uk/news/worldnews/europe/eu/4934020/EU-pledges-eurozone-rescue.html
[18] Karl Otto Pöhl: http://news.sky.com/skynews/Home/Business/Karl-Otto-Pohl-Former-Bundesbank-Head-Says-Euro-Under-Thre
at/Article/200902415229838?f=rss

[19] orderly: http://euro-med.dk/?p=110
[20] monetary union is beyond saving: http://blogs.telegraph.co.uk/ambrose_evans-pritchard/blog/2009/02/26/are_germans_giving_up_on_the_eu
ro

[21] Image: http://euro-med.dk/billeder/billederjoaquin-almunia-2dh-e5ndtegn-2d31.jpg
[22] report: http://www.mmnews.de/index.php/200902082204/MM-News/EU-pleite.html
[23] not any: http://euobserver.com/9/27742
[24] resources: http://www.dw-world.de/dw/article/0,,4085377,00.html
[25] back an IMF boost : http://www.boston.com/news/world/asia/articles/2009/03/09/japan_gloom_deepens_us_urges_coordination/
[26] bond: http://euobserver.com/19/27681
[27] bail out : http://www.euractiv.com/en/transport/eu-struggles-national-plans-rescue-auto-sector/article-179111
[28] willing: http://www.spiegel.de/international/europe/0,1518,610279,00.html
[29] The Telegraph 23 Febr. 2009: http://www.telegraph.co.uk/finance/comment/ambroseevans_pritchard/4782749/Will-Germany-deliver-on-th
e-Faustian-bargain-that-created-monetary-union.html

[30] Deutsche Welle : http://www.dw-world.de/dw/article/0,,4071099,00.html
[31] : http://euro-med.dk/billeder/billederspr-f8jte.png
[32] Image: http://euro-med.dk/billeder/billedereuro-2dtrap-thumb1.jpg
[33] Euro Trap: http://www.wiseupjournal.com/?p=820
[34] iberal: http://euobserver.com/22/27676
[35] David Milliband: http://www.eubusiness.com/news-eu/1236643322.63/
[36] not expand, until the Lisbon Treaty : http://www.eubusiness.com/news-eu/1236547921.6/
[37] Europol: http://euro-med.dk/?p=974
[38] EU-Gendarmerie : http://euro-med.dk/?p=2602
[39] EUFOR: http://euro-med.dk/?p=1331
[40] world government: http://euro-med.dk/?p=5139
[41] here: http://euro-med.dk/?p=5780
[42] illuminist: http://euro-med.dk/?p=488