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Archive for the tag “Portugal”

Germany Takes Command

On Nov. 9, Berlin will celebrate the 25th anniversary of the fall of the wall that divided the city during much of the Cold War. At the time, images of exuberant wall-breakers signaled the end of communism. A quarter-century later, the event seems to have also been a prelude to the rebirth of Berlin and the emergence of Germany as Europe’s supreme power, writes Pankaj Mishra.

Read Here – Bloomberg

How The Tables Turned…

As the world marks the 500 year anniversary of the arrival of the Portuguese people to China, a wave of Chinese investment and capital is pouring into Portugal.

Read Here – The Diplomat

What Is The New German Question?

There is a new German question. It is this: Can Europe’s most powerful country lead the way in building both a sustainable, internationally competitive eurozone and a strong, internationally credible European Union? Germany’s difficulties in responding convincingly to this challenge are partly the result of earlier German questions and the solutions found to them.

Read Here – The New York Review of Books

Germany’s Dilemma

There is a new German question. It is this: Can Europe’s most powerful country lead the way in building both a sustainable, internationally competitive Eurozone and a strong, internationally credible European Union?

Read Here – The New York Review of Books

Southern Europe’s Downward Spiral

For years, European leaders have been trying to put a stop to the debt crisis that is tearing Southern Europe apart. It might be time to change strategy since little progress has been made.

Read Here – Der Spiegel

Politics of Blame

Among European publics ‘the Greek crisis’ is a phrase that invokes images of corruption, poor government, civil unrest, and social turmoil. Foreign governments and political commentators have grasped that this narrative also provides a way to provoke political change in their own countries. By threatening a future ‘akin to Greece,’ unpopular domestic reforms are passed and internal political uprisings instigated. Phrases such as “Greek tragedy,” “Greece stands as a warning,” “the Greek alternative,” and “following Greece into crisis” are circulated, creating a politics of fear based on uniformed rhetoric of crisis and insecurity.

Read Here – The European

Revolution If Europe Drops Welfare Model, Argues Germany

German Finance Minister Wolfgang Schaeuble warned on Tuesday that failure to win the battle against youth unemployment could tear Europe apart, and dropping the continent’s welfare model in favor of tougher U.S. standards would spark a revolution.

Read Here – Reuters

Cyprus May Be a Turning Point in the Eurozone Crisis

One way or another, the situation is Cyprus likely marks a major turning point in the eurozone crisis. It could be the beginning of true disaster for the zone, eventually leading to a series of sovereign debt defaults and possible exits from the euro area. It could also be the point at which we learn that the eurozone has done enough to shore itself up and regain market confidence, so that a disaster in Cyprus does not spread, now or later, to other vulnerable countries.

Read Here – Brookings

Learning from Germany

Ten years ago, Germany was considered the sick man of Europe. Its economy was mired in recession, while the rest of Europe was recovering; its unemployment rate was higher than the eurozone average; it was violating the European budget rules by running excessive deficits; and its financial system was in crisis. A decade later, Germany is considered a role model for everyone else. But should it be?

Read Here – Project Syndicate

Marginalising Europe

An unintended consequence of the current economic and political crises in Europe has been the completion of the continent’s decolonisation, commenced in the middle of the 20th century. As the gross domestic products of developing countries continue to grow, while many crisis-stricken EU economies are contracting, some of the formerly colonised nations, alongside China, are actively purchasing the assets that are being privatised in Europe.

Read Here – Al Jazeera

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