Mercury Rising 鳯女

Politics, life, and other things that matter

Posts Tagged ‘Europe’

Ukraine links

Posted by Charles II on December 6, 2014

Stephen Cohen on John Batchelor

Apparently Yanukovych didn’t steal the gold.

SDP German Foreign Minister distances himself from Merkel position

Top ministers in Ukrainian government are foreigners

US-born Natalie Jaresko became finance minister, Lithuania’s Aivaras Abromavicius economy minister and Aleksandre Kvitashvili – from Georgia – health minister. Hours before the vote in the parliament that installed them, all three were granted Ukrainian citizenship by President Petro Poroshenko.

The move is part of a fresh anti-corruption drive in Kiev.

That’s weird.

Posted in Uncategorized | Tagged: , | 6 Comments »

Wind, Solar Were 68% Of New European Electricity Installs In 2011

Posted by Phoenix Woman on February 22, 2012

That’s right: 68% of all newly-installed European electricity generation in 2011 was either wind or solar.

Sounds like the plan to get Europe off of coal and oil is proceeding quite nicely.

Posted in Uncategorized | Tagged: , , | 4 Comments »

German Insistence On ‘Punishing’ Europe Is Slowly Killing German Economy

Posted by Phoenix Woman on November 25, 2011

Angela Merkel wants to punish the rest of Europe for not treating its people like dirt:

Angela Merkel was unmoved by another roller-coaster day that saw Portuguese debt being downgraded to junk status, Italian bond yields pushed into the bail-out zone, and doubts cast over France’s AAA rating: the German Chancellor refused to allow the ECB to become Europe’s lender of last resort.

Ms Merkel instead used a three-way summit with France and Italy in Strasbourg to insist that new treaty powers to intervene and punish sinner states remained the key focus of Europe’s rescue efforts. She said: “The countries who don’t keep to the stability pact have to be punished – those who contravene it need to be penalised. We need to make sure this doesn’t happen again.”

That’s right, Angela! Punish those Frenchies and Italians and Greeks! Payback for being made a pariah state after World War II! Hoo-rah!

Except, of course, that it’s slowly strangling the German economy (h/t David Dayen): “Germany’s central bank on Monday cut its forecast for German economic growth in 2012, projecting gross domestic product to expand by 0.5% to 1% versus an earlier prediction of 1.8%, Dow Jones Newswires reported.”

Posted in Uncategorized | Tagged: , , , , , , , , | 3 Comments »

Surprise! “Lazy Greeks Lolling In Luxury” Is A Lie

Posted by Phoenix Woman on November 15, 2011

If this surprises you, you haven’t been paying attention:

Athens’ international lenders have pushed for cuts to the 750 euro minimum monthly wage to boost competitiveness, a welcome call for Germans, French and other voters in the currency area who have bridled at having to bail out Greece.

But for people like 33-year-old magazine editor George Theonas, that wage floor is a myth, as his and other companies use the crisis to skirt legal pay rules by tearing up collective wage deals and forcing employees into contract work.

“I can’t pay my bills and I can no longer live without my parents’ support,” said Theonas, 33, whose employer moved him from permanent to temporary status, making 700 euros a month working 12 hours a day, seven days a week instead of the four days on his contract.

“I’m not looking for a new job. There is nowhere to go. This is Greece,” he said.

Theonas is one of the lucky ones. Others at his company earn as little as 300 euros a month under trainee schemes that are extended for years, even though they do the work once bestowed only on full-time employees.

With Greek unemployment now at a euro-era record high of 18.4 percent, workers are forced to stay put, as their employers say thousands more people are standing in line for their jobs.

“Most of my friends are unemployed. I only hear of people losing their jobs. What choice do I have,” said Theonas.

Posted in Uncategorized | Tagged: , , , , | 1 Comment »

What Was That Again About Foreign Leaders Pushing Around Obama?

Posted by Phoenix Woman on April 2, 2009

I think that particular meme just got shot down — Obama just pulled off one heck of a negotiation and kept both China and France (not to mention Germany) from walking away from the table:

France and other European nations have been pushing for rules and regulations to apply to various tax havens; Germany’s Finance Minister Peer Steinbrueck has said “these tax havens are also places where unregulated financial market deals are made.”

But Chinese leaders fear a crackdown would hurt banking centers in Macao, Shanghai and Hong Kong. Other countries agree, though they are less outspoken publicly.

The exchange between Sarkozy and Hu got so heated, said a source — who is not a member of the Obama administration — it was threatening the unity of the G-20 leaders’ meeting.

Obama first pulled aside Sarkozy and discussed possible compromises; then he did the same for Hu; then he brought both men together to work out the final deal. It’s not 100% of what either guy wanted, but it’s a good starting point. Something similar could be said for the conference as a whole. There will be another G-20 later on this year; we’ll see what gets addressed then

Posted in China, France, infrastructure, international, President Obama | Tagged: | Comments Off on What Was That Again About Foreign Leaders Pushing Around Obama?