I'm not upt to moralization but there are certain moments i have to. The European Union membership has many disadvantages and, except the single market, no advantages. Slogans with great fanfare of corrupt politicians in Balkans and eastern Europe about the «european dream» is about securing the EU funds its biggest contributors pay for, Germany on top. While for Germany is the main vehicle for influence, for cash-strapped economies like Italy's is a burden difficult to explain to the population.
paved the way for eurobonds. I've read it and although there are some substantial differences, the idea that the ESM lends money under strict conditions is present in both documents.
Answer sincerely: would you give the keys of your nation to a private fund? If you're euroinomane enough to answer yes, you will sooner or later end up like Louis XVI.
I envy brits. Most striking of the intra-membership cases is the tug of war over the European Stability Mechanism. Modeled after the global financial crisis in 2008 to go to the rescue of members suffering high debt, it was primarily used in its "light" version whose beneficiaries were Spain, Portugal, Cyprus and Greece. Greece yes, "euro's biggest success". Biggest evidence austerity kills.EU aims to counter Chinese, Russian influence at Balkan summit https://t.co/bVJjsQ56fF pic.twitter.com/QK9kfRiqR9— Reuters UK (@ReutersUK) May 6, 2020
In Italy, it was first negotiated and signed by the Berlusconi's government in 2011, re-signed in 2012 by the government of national unity of Mario Monti (that was actually a commissioner) and ratified by the Parliament. Giulio Tremonti, economy minister at that time, into the center of the storm meanwhile the Conte government was negotiating new terms made necessary to deal with the economic shock cause by the Coronavirus, last month wrote a letter to Il Foglio in which he accused the Monti government of changing the original terms under pressure (from Germany, readers may think) because it was seen too advantageous for PIIGS. He specified that the first documentGreece is to be allowed to run its own economy after eight years of austerity imposed by the EU and IMF. That economy has shrunk by 25% and debt remains at 170% of GDP. Salaries have fallen by 20%, pensions by 70%. 500,00 Greeks fled the country. Not much is expected to change.— Alan Sked (@profsked) June 22, 2018
paved the way for eurobonds. I've read it and although there are some substantial differences, the idea that the ESM lends money under strict conditions is present in both documents.
Answer sincerely: would you give the keys of your nation to a private fund? If you're euroinomane enough to answer yes, you will sooner or later end up like Louis XVI.
Weeks of negotiations behind a computer desktop endured because of the resistance (backed by Germany) of a post-imperial statelet: Netherlands. This infamous tax haven steels every year billions from EU countries as well. How can it still be allowed? Why tax havens are allowed to enter a supposedly competitive club where the minimum state aid is met with sanctions? The European Union is born hypocrital. The issue was about coronabonds. It's logical that a tax haven is against a common debt. It isn't logical that germans, that have complained about Draghi's negative interest rate ruining their pension funds, now complain about coronabonds hiking interest rate to +0,8%. That boomers at the german Constitutional Court arrogates the right to judge the legality of Quantitative Easing, ruling that partly it contravenes the german constitution, should be a warning.#MES— Valeria S. (@valy_s) November 23, 2019
Le banche tedesche stanno fallendo.
I cittadini italiani pagheranno la loro ricapitalizzazione
Se l’Italia o le banche IT avessero bisogno, il direttivo #MES (a guida tedesca) potrà chiedere la ristrutturazione del ns debito
Bravo @SatiricoPandem1 #StopMes pic.twitter.com/iICPlxEiHH
Italian politicians including government officials in favour of the ESM are rallying, to convince the skeptics, behind the promise that healthcare is condition-free. Who assured you, the self-proclaimed «frugal four»? Skeptics in fact responded: we want our asses sperm-free. The only planet somebody does something for free is maybe Mars.Where pettiness rulez and Wolfgang Schäuble behaves as if the ECB is under german jurisdiction. What crackhead would like to join this group? #GualtieriTraditore https://t.co/hQg3paSQbS— I'm M.A.D (@KenartsTheKing) April 10, 2020
A person to Rutte, PM of the Netherlands (@MinPres):— Pablo Pérez (@PabloPerezA) April 29, 2020
'Please! do not give the Italians and Spanish the money!'
Rutte: 'No, no, no'.
Then laughs. And a thumb up. pic.twitter.com/rpd0hnp0c4
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