Tag Archives: EU

EU Election Results: Eurosceptic and Far Right Parties Make Gains

As the results from the European Union Elections are now in it shows gains across Europe for Eurosceptic and right wing parties.

In France Marie Le Pen’s National Rally won the biggest share of the French vote with 23.3% of the vote where as the French President’s La République en Marche came second with 22.4%.

In Italy the leading party was also the Far-Right League, they have seen a huge surge in support for their uncompromising stance on illegal immigration.

In the UK Nigel Farage’s Brexit party stormed to victory with 31.6% of the vote, with the Conservative and Labour party suffering heavily. The result is seen as anger at the UK parliament’s failure to deliver on Brexit.

Across Europe Green parties also saw a significant rise in support, this is thought to be driven by younger voters.

Read More: France 24

French President says Nationals are a Risk as Europe Heads Votes

As voting is underway in the EU elections the French President Emmanuel Macron has urged voters to vote for pro-EU parties. However in France the French national party led my Marie Le Pen is ahead in the polls.

Macron says nationals are an “existential risk”.  Macron’s globalist-progressive La République En Marche is seeking to bring fourth the next stage of the European project, and sees the popularity of right wing anti-EU parties a risk to this vision.

Across Europe Eurosceptic parties are on the rise, and are on course to do well in the European Parliamentary elections.

Read More: Breitbart

UK Parliament Fail to reach any deal on Brexit.

The British Parliament  have had what called “the final decisive” vote on Brexit. With the results in no one option has gained a majority. British politics remains in a state of turmoil as the majority of MPs do not support leaving the EU; but the British people having voted in a referendum to leave the EU: the deadlock continues.

Read More: BBC

 

 

Hungary’s Pariament Refuse Be Bullied into Soros’s Globalist Agenda

Hungarian PM Viktor Orban has said his country will not be bullied by the EU into accepting new legislation being discussed that will see the EU budget tripled, in order to fund Third World mass immigration into Europe.

Prime Minister Orban told Hungarian media: “They are not going to decide in Brussels among the various left-leaning or leftward drifting parties or in the offices of the so-called civic organizations of George Soros what is going to happen in Hungary and in Europe,”

Read More: Breitbart

PORTUGAL’S ELDER STATESMAN HAS CALLED ON HIS NATION TO DEFAULT

Mario Soares, who led Portugal to democracy in the 1970s after the Salazar dictatorship, has called on the government to default on its debts. The economic pressure on Portugal has been mounting in recent weeks, and the nation is losing patience with the EU imposed austerity. The Portuguese are looking at the death spiral in Greece, caused by their various rounds of bailouts and austerity.

Soares told Portuguese television channel Antena 1, “Portugal will never be able to pay its debts, however much it impoverishes itself. If you can’t pay, the only solution is not to pay. When Argentina was in crisis it didn’t pay. Did anything happen? No, nothing happened”.

Last week Portugal’s top court ruled that the government’s decision to slash pension payments and public sector wages was illegal. The ruling means the government is struggling to find the budget cuts required from elsewhere.

Portugal received an EU/IMF bailout in 2011, and as the crisis deepens again, many think it highly likely they will need another bailout very soon. If Portugal were to default, it would almost certainty mean their expulsion from the eurozone, and may lead other nations to follow their example.

Read More: The Telegraph

ITALIAN ELECTIONS COULD RE-IGNITE EUROZONE DEBT CRISIS

The Italian elections have left Italy with a result which may render the country ungovernable, and could reignite the eurozone debt crisis. The lower house was won by Pier Luigi Bersani’s centre-left bloc; but the upper house, the Senate, was taken by the centre-right, conservative block, led by Silvio Berlusconi. Protest party, Five Star, led by a popular Italian comedian, Beppe Grillo, came third.

Mr Bersani’s centre-left bloc had won 29.57% of the vote for the lower house (Chamber of Deputies) to 29.15% for Mr Berlusconi’s bloc.

Mr Grillo’s Five Star Movement had 25.54% and the centre left led by Mario Monti 10.57%.

Control of both upper and lower houses is required to govern.

Grillio campaigned to return to the Lira and Berlusconi campaigned against EU imposed austerity, calling for tax cuts to stimulate Italy’s ailing economy.

Bersani has pledged to stay the course of the EU crisis, wanting to work with Europe. However, he will find it hard to form a workable coalition.

As the results came in bond markets across Europe began to fall. Italy is the third biggest economy in the eurozone and has the power to bring the euro down.

Even if Bersani can form a government he cannot ignore the anti-austerity, anti-eurozone message from the election. Even within his own party there are deep divisions over Europe, and his party will want

Read More BBC
The Telegraph

Continued Chaos in Greece

The saga of austerity, recession and bailouts continues in Greece. Today the nation has been brought to a standstill as the unions call a 48 hour General Strike. The strike is ahead of a crucial vote on more austerity measures, the package would see a further €18bn of cuts and reforms. The measures are required if Greece is to receive the next instalment of bailout money. Greek prime minister Antonis Samaras is under massive pressure to carry the vote through parliament. He has only a slim majority, and politicians are deeply divided over the issue.

The EU is concerned that Antonis Samaras ruling coalition could fall apart, as a collapse in government would most likely see the far left and far right make major gains – both sides are opposed to the EU/IMF imposed austerity conditions.

The far right, Golden Dawn party, has capitalised on the problems in Greece, making huge gains across the country. In some areas where crime is out of control the Golden Dawn lead groups patrol the streets and attack migrants, who they see as the problem. The overstretched police have failed to stop the attacks.

Once prosperous areas of Athens are now “no go” areas as gangs take control and crime increases. Residents are now looking to the Golden Dawn to protect them.

EU budget: who pays what and how it is spent – Telegraph

 

EU flat

 The EU budget added up to €130bn (£105bn) in 2011.

Germany is the biggest contributor, France second and the UK third largest contributors to the EU budget.

Many are questioning the size of the EU budget – at a time when individual EU states are cutting back on spending, Brussels is asking for more from the member states.

To make things worse, the EU budget for last financial year has not been signed off by auditors, the eighteenth year this has happened.

via EU budget: who pays what and how it is spent – Telegraph.

EU Summit: Europe Moves Towards a Banking Union

This week leaders from across Europe have been meeting to discuss the continued crisis across the eurozone. The talks have centred around increasing integration of the eurozone banking sector. The talks have been hailed as a success by French President Francois Hollande, and other European leaders, after agreement was reached as to increasing integration of the banking system. The Single Supervisory Mechanism (SSM) will be put it place by January 1st 2013, and will make it possible for the new European Stability Mechanism to be used recapitalise European banks, without increasing sovereign debt. The SSM is thought to be the first step towards a full banking union across the eurozone.

This is particularly important for Spain, who’s banks are still a major cause for concern, and many hope they will be able to hold out until the SSM is in place.

Germany has voiced concerns over the speed of banking integration, warning that the road map for the setting up of the SSM may not be long enough, due to the complex legal issues that have to be worked through.

The UK is also uneasy about the prospect of a full banking union within the eurozone. Although Britain are not part of the euro, the City of London by far has the largest banking sector in Europe, and it is feared that in any future decisions about financial regulation the UK will be outvoted.

However, the Summit was overshadowed by the continuing chaos in Greece, with fresh anti-austerity protests, in which a man died. Greece could run out of money by the end of November. The EU are awaiting a key report from the “troika” of international lenders – the ECB, European Commission and International Monetary Fund. The findings of the report will be key in deciding whether or not to give Greece any more money.

The European Union Have Been Awarded the Nobel Peace Prize

The Nobel Peace Prize has been awarded to the European Union, the move has left many baffled. The committee who decides on the winners of the Nobel Prize said it was recognising the work the EU has done to transform Europe from a continent of war, to one of peace.

However, many have been quick to point out the peace of Europe, after the Second World War, was not won by the EU; but by the work of Britain, America and even Russia- and later by NATO – with America picking up much of the bill. Within Germany itself the nation transformed itself out of the devastation left by Hitler to reject fascism and build a peaceful society and a robust economy.

The awarding of the prize to the EU has caused further anger because of the deep divisions that exist across the continent at this time. As violent riots erupt across European cities, and many see the actions of the EU to be robbing nation states of their democratic rights, questions have been asked as to why the EU is worthy of this accolade.

The award was all the more surprising given the Nobel Prize committee are based in Norway, one of the few European countries not to be a member of the EU. However, it has now emerged the most eurosceptic member of the committee, Aagot Valle, was ill this week, and therefore not part of the decision. Had Valle been present he would have almost certainly vetoed the decision. The committee now has questions to answer as to it’s political ethics in awarding the prize to the EU.

“The award of the prize will stir a massive controversy in Norway,” Kristian Berg Harpviken, head of the Oslo-based Peace Research Institute, told Reuters on Friday. “Many politicians here would see this as undue meddling in the internal affairs of Norway by the Nobel Committee.”

This is not the first time the Nobel Peace Prize has been awarded controversially. In 2009 Barak Obama was given the prize, and in 1994 Yasser Arafat.

Angela Merkel recoils from Greek showdown on Spain contagion fears – Telegraph

Angela Merkel recoils from Greek showdown on Spain contagion fears – Telegraph.

Angel Merkel

The German Chancellor Angela Merkel has been visiting Athens today, for the first time in three years. She comes at a time when Greece is looking for the next €31.5bn tranche of aid. Without the aid Greece will run out of money by the end of November. Recent figures show Greece has been in recession for 5 years, it’s economy has shrunk by 22%, and youth unemployment is currently at 55%.

Mrs Merkel was met with angry protestors and required 6,000 police officers to protect her. Greeks, and the Greek media, greeted her with Nazi insults.

Both the EU and IMF have been insistent that Greece steps up austerity measures in order to receive the money. However, Mrs Merkel came to Athens with a softer tone than Athens has previously heard.

There has been mounting pressure on Germany not to allow Greece to default, thus forcing her out of the eurozone. If Greece were to exit, then Spain would likely follow, and the euro would break up. Also tougher austerity measures could result in the collapse of the pro-Europe ruling coalition. If the Greek government collapses it would likely be replaced by either a far-right or far-left alternative. That could destabilise the entire region, affecting the Balkan region and Turkey, something no one wants to see.

It is likely Greece will receive the next instalment of money, however the €31.5bn will only keep Greece afloat a few more months. And as time passes both Spain and Portugal are edging closer to requiring more bailouts.