Bashing Germany Has Become A New Sport. But Things Are Really Not That Simple

December 16, 2011

Bashing Germany Has Become A New Sport. But Things Are Really Not That Simple

Martin McCauley writes from Berlin: Those arrogant Germans are at it again. Chancellor Angela Merkel failed to impose her Berlin diktat on Britain last week. The aim to weaken the City of London was thwarted. The City accounts for about half of all the financial services in the European Union. Berlin and Paris have been trying for years to weaken this dominance. They have failed yet again but may try to sneak in punitive legislation by the back door. Does this mean than enmity between London and Berlin is simply a fact of life. No, of course not. Let us look at our common heritage. English is a Germanic language. The expression Anglo-Saxon comes from the Angles and Saxons who settled in Britain in the fifth century AD. The word England derives from Angle- land. The Saxons are the same people... 

Some Fancy Analysis Of What Went On At The EU Summit In Brussels

December 10, 2011

Some Fancy Analysis Of What Went On At The EU Summit In Brussels

Ted Obvious reports from Brussels: So how was that EU summit for you, the one that ended in nothing yesterday? Gripping stuff, eh, especially if you were listening to the news coverage without the sound on. A tense stand-off had erupted at the summit between Britain and the rest, if you believe what hacks have been reporting, with France and Germany managing in the end to get everyone to agree to some stupid new arrangement that would supposedly sort out the current debt crisis in the eurozone, apart from Britain that is. Everyone knows that it won’t work, but no one dares to say it not to upset Chancellor Angela Merkel, who looked ravishing that day in her purple suit and a bit of jewellery for a change. It was a waste of time, of course. They could have just as well discussed everything... 

Trying To Make Sense Out Of The Eurozone Crisis. And Failing

December 9, 2011

Trying To Make Sense Out Of The Eurozone Crisis. And Failing

Martin McCauley writes from Brussels: The latest make or break summit on the euro has taken place in the Belgian capital. For the umpteenth time. Europe’s leaders seem to be perpetual tourists these days, getting together in Brussels for some good time every other couple of weeks or so. The net result of the latest gathering? Zero, as regards solving the Eurozone debt crisis. Although Germany and France, along with the EU top brass, did manage to persuade 26 out of the 27 members – minus good old Britain – to agree to draft a new treaty that would allow Germany to run everybody’s finances. What was the point of the two big wars in the last centuries if Germany could take over Europe without a shot being fired? But let’s try and bring at least some clarity to the proceedings regarding... 

Britain Should Team Up With Russia To Take On Germany. Like It Happened In The Past

December 5, 2011

Britain Should Team Up With Russia To Take On Germany. Like It Happened In The Past

Ted Obvious writes from Brussels: Take a look at any of the photos of any recent gathering of the European Union leaders and you will notice an amazing thing: there’s not one intelligent face among them – not one. Ambitious, pretentious, not very bright people, time wasters most of them, who would sell their mothers to stay in power for as long as possible. And these are the elected politicians, mind you, who have managed to fool their respective voters by promises that they have broken the moment they weaselled their way into power. Just think how bad the unelected top Eurocrats are, if you have the elected lot of such low calibre.   Now, with that out of the way how do you like that German Chancellor Angela Merkel having the nerve to demand a new EU treaty signed, to introduce... 

Germany Is Taking Over Europe. Without A Shot Being Fired

November 24, 2011

Germany Is Taking Over Europe. Without A Shot Being Fired

Martin McCauley writes from Berlin: Who could have imagined that it would come to this: Germany is taking over Europe without a shot being fired. In case you’re not aware of it, Germany has decided that in order to save the euro, Europeans should be ruled from Berlin. The financial whiz kids here don’t trust others to run their own affairs. They think that nations will simply spend more than they earn. The road to monetary and fiscal redemption is lined with German signs. Spain had a taste of this the other day: the new Prime Minister, Mariano Rajoy, who is due to take over next month, was told in no uncertain terms that Berlin will review his austerity budget. If it does not think cuts are deep enough, Spain will be given a stark choice: either agree to German demands or face expulsion... 

The Euro Is Finished. But The Final Agony Will Be Long And Costly

November 10, 2011

The Euro Is Finished. But The Final Agony Will Be Long And Costly

Chris Gray reports from Brussels: Let’s agree on one thing, people: the euro is finished. They can fool themselves in Brussels as long as they want that things will get back to normal, but they won’t – ever. It’s the end, but it will drag on for a while because a lot of nasty people just won’t let go of the single currency that gives them so much power and will continue to waste billions of taxpayers’ money to save the euro. Which brings me to the secret talks that Germany and France have been having, between themselves and with the EU mandarins, for some time now about saving the euro, by turning the eurozone into a two tier system while making it more compact, more integrated and more manageable as a result. This smacks of treachery and treason. Why? Because all members of... 

What If The Germans Were Running Things In Britain?

November 6, 2011

What If The Germans Were Running Things In Britain?

Martin McCauley writes from Euston Station: At last, some great news for rail passengers! Deutsche Bahn (DB), the German state railways, is to run services on the East and West coast lines of Britain. They are going head to head with Virgin and Richard Branson had better look out. Commuters are fed up with increasing fares, fewer trains and endless delays. Anyone who has travelled on DB in Germany will look forward with pleasure to easing themselves into one of the comfortable seats and enjoying the smooth running of their trains. Will Teutonic efficiency shake Virgin and the other companies out of their lethargy? Here are some improvements being proposed by DB. Passengers will be expected to be neatly dressed and not turn up looking as if they had been pulled through a hedge backwards. No... 

You Know What’s Weird About The Eurodebt Crisis? Everything’s Weird

October 13, 2011

You Know What’s Weird About The Eurodebt Crisis? Everything’s Weird

Ted Obvious writes from Brussels: You know what’s weird about the Eurodebt crisis? Everything’s weird about it. First of all, how is it that Europoliticians are still getting away with pretending that the euro can be saved whe it’s dead already but kept seemingly alive on a taxpayers’ life support? And what’s even more puzzling, why so are many politicians are allowed to openly defend the very concept of a single currency, if it was basically tailor-made for Germany, by Germany itself. Yes, in case you didn’t know, it was Chancellor Helmut Kohl, who practically single-handedly pushed the euro through, having tricked the French with their stupid ideas of a United Europe into supporting him. Germany basically created a huge market for its goods, with one currency in it, and... 

Germany And France Are Trying To Save The Euro. But Of Course They Would

August 17, 2011

Germany And France Are Trying To Save The Euro. But Of Course They Would

Ben Delicious writes from Paris: Don’t you just love it: French President Nicolas Sarkozy and German Chancellor Angela Merkel get together in the French capital to discuss measures to save their beloved euro, and their own political careers as well, and come up with a ‘brilliant’ idea of creating a ‘collective economic government’ within the European Union, to run the economies of member countries by decree. It seems it’s not enough for Berlin and Paris that EU countries are already constrained by the single currency in fixing their interest rates and using other financial instruments in sorting out their problems. They now want to basically run the whole EU as their own backyard, shaping its economy in a way it suits them. Germany and France are the two big countries in... 

Saving The Euro? It’s An Arse Saving Exercise First And Foremost

August 13, 2011

Saving The Euro? It’s An Arse Saving Exercise First And Foremost

Thomas Mathew writes from London: Pardon me for asking, but is anyone out there seriously buying that rubbish about the European Union trying to protect its common currency, the euro, from collapsing for the common good of all Europe? And does anyone actually believe that bailing out Greece, Ireland and Portugal to the tune of hundreds of billions and creating a huge fund to prop up the euro in the future have anything to do with proper economics, sensible finance and common sense generally? Let’s be brutally honest about it: the whole point of the current exercise is to save the butts of people like French President Nicolas Sarkozy, German Chancellor Angela Merkel, European Commission President Jose Manuel Barroso and other euro fanatics across Europe and in Brussels especially. They... 

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