Wednesday, 14 September 2011

Poland warns of war 'in 10 years' as EU leaders scramble to contain panic

Germany, France and the European Commission are scrambling to contain panic and "quash rumours" about a eurozone break-up amid repeated off-piste messages from other senior EU politicians.

But even amid their desperate efforts, the finance minister of Poland, the country that currently represents the EU to the world as holder of the bloc’s rotating presidency, warned of war on the continent within 10 years if the eurozone collapses
http://euobserver.com/18/113625

EU President issues stark warning against nationalism
BRUSSELS - EU Council President Herman Van Rompuy has issued a stark warning against growing nationalism, populism and anti-democratic forces across the EU, suggesting that the threat to peace in Europe remains a key issue.

"We have together to fight the danger of a new euro-scepticism," he said in a speech in Berlin on Tuesday night (9 November).

"This is no longer the monopoly of a few countries. In every member state, there are people who believe their country can survive alone in the globalised world," he continued.

"It is more than an illusion: it is a lie!"
http://euobserver.com/18/31240


EU must think beyond the zone or sink

TO assess the likelihood of Greek default there is no need for economic expertise. More important is an understanding of European politics: not to allow a Greek default was always a political decision, and a stupid one at that. Delaying what now appears inevitable has greatly increased the economic and, more importantly, political costs of the default.

snip

The line that has been defended for more than a year -- "if the Euro fails, Europe fails too" -- had no desired impact on the markets or the electorate. The market analysts certainly haven't ruled out the end of the eurozone just because EU leaders say that the common currency will not fail. Politically, however, such rhetoric might prove disastrous as a self-fulfilling prophecy.

If the eurozone does fail, which European politicians will have enough credibility to lead Europe towards a future without a common currency?
http://www.theaustralian.com.au/news/world/eu-must-think-beyond-the-zone-or-sink/story-e6frg6ux-1226137169826



Turkey positioning itself with the Middle East, EU, say experts


Euro zone banks: use the EFSF

http://www.theglobeandmail.com/report-on-business/international-news/global-exchange/financial-times/euro-zone-banks-use-the-efsf/article2165832/

Poland warns of war 'in 10 years' as EU leaders scramble to contain panic

Germany, France and the European Commission are scrambling to contain panic
and "quash rumours" about a eurozone break-up amid repeated off-piste
messages from other senior EU politicians.

But even amid their desperate efforts, the finance minister of Poland, the
country that currently represents the EU to the world as holder of the bloc’s
rotating presidency, warned of war on the continent within 10 years if the
eurozone collapses

EU President issues stark warning against nationalism
BRUSSELS - EU Council President Herman Van Rompuy has issued a stark warning
against growing nationalism, populism and anti-democratic forces across the
EU, suggesting that the threat to peace in Europe remains a key issue.

"We have together to fight the danger of a new euro-scepticism," he said in
a speech in Berlin on Tuesday night (9 November).

"This is no longer the monopoly of a few countries. In every member state,
there are people who believe their country can survive alone in the
globalised world," he continued.

"It is more than an illusion: it is a lie!"






Posted by Britannia Radio at 18:38