Jump to content
Washington Football Team Logo
Extremeskins

RT: Smile or smirk? Germans deny apologising to Berlusconi


JMS

Recommended Posts

Tensions are running high. EU bank creditors, mostly German just forgave 50 cents on every dollar loaned to Grece. This is seen not as a solution, but as a measure to put off the collapse so a solution can be found. The basis of the Greek crisis is their economy is contracting at 5% per year and the EU countries (i.e. Germany) don't want to fund a plan which will solve this contraction.

Meanwhile, Italy's own crisis is looming on the EU horizon, along with Ireland, Portugal, and Spain.

http://www.reuters.com/article/2011/10/27/italy-berlusconi-smirk-idUSL5E7LR4B620111027

Smile or smirk? Germans deny apologising to Berlusconi

* Germany says no need for an apology

* Berlusconi relations with Sarkozy still chilly

By Barry Moody

ROME, Oct 27 (Reuters) - A smile exchanged by French and German leaders about Italian Prime Minister Silvio Berlusconi brought more frowns on Thursday, with Berlin denying his claim that Chancellor Angela Merkel had apologised.

Merkel and French President Nicolas Sarkozy swapped a smile when a questioner asked them at a news conference at a European summit on Sunday if they were reassured by Berlusconi's promises of action to address Italy's deep economic crisis.

The smile caused widespread resentment in Italy, where it was seen as a national humiliation and insult.

"Certainly, the giggling was not pleasant, even if addressed to only one person. He is still the prime minister of a country," Rome resident Giuseppe Vallone told Reuters.

Berlusconi told Italian television during the latest summit on Wednesday that the German leader had said sorry.

"Mrs Merkel came to me and apologised for the situation that occurred and told me explicitly that she had no intention of denigrating our country," he said.

"Therefore relations with her are extremely cordial."

But Merkel's spokesman Steffen Seibert said on Thursday: "There was no apology because there was no reason to a offer an apology."

Link to comment
Share on other sites

The Euro is doomed. No one wants to talk about it, and South America wants to emulate it, but the Euro is doomed. With Greece, Italy, Portugal, Ireland and Spain all facing issues (and the Germans will only continue to eat money for so long in bailing other countries out) that will require massive cuts and massive debt forgiveness, the EU could be in serious jeopardy. And you know who would benefit the most from this? Us, the US. With the Euro gone, the pound, the Swiss franc and the US dollar are the only "global" currency available.

Link to comment
Share on other sites

The Euro is doomed. No one wants to talk about it, and South America wants to emulate it, but the Euro is doomed. With Greece, Italy, Portugal, Ireland and Spain all facing issues (and the Germans will only continue to eat money for so long in bailing other countries out) that will require massive cuts and massive debt forgiveness, the EU could be in serious jeopardy. And you know who would benefit the most from this? Us, the US. With the Euro gone, the pound, the Swiss franc and the US dollar are the only "global" currency available.

I think this iteration of the EU could be doomed because of what you say. But I also remember our own history, that George Washington was not the first president of the United States but rather our government went through a few iteration before we got a forumla which worked. ultimately lead by General Washington.

John Hanson was the first "President" of the United States ( Thomas McKean, Elias Boudinot also held office before Washington ) . Presidents of the Continental Congress or first among equals in the Contiental Congress under the Articles of Confederation which had no separate executive branch of government.

Ultimately the Articles of Confederation proved to be too weak to govern the country, much as the EU is proving to be; Just as the Articles of Confederation had to be replaced as the country foundered on the brink of insolvency, so could the EU be reorganized now that the need for it's member states to give up some of their control to a central body has been demonstrated... In the case of the United States our early crisis/failure of government demonstrated the need for the United States Constitution and the stronger union. It's very likely Europe could take the same path.

Create another iteration with a stronger central authority which would have a better chance to suceed. Really, the EU makes too much sense not to eventually work. The only real issue is can the memberstates moderate their own nationalism in favor of a communal European identiy weighted against all the advantages that action would yeild them.

Link to comment
Share on other sites

Archived

This topic is now archived and is closed to further replies.

  • Recently Browsing   0 members

    • No registered users viewing this page.
×
×
  • Create New...