OTA Berlin Apartments


Archive for the ‘Economy EU’ Category

French Elections – ‘Politics Makes Strange Bedfellows’: Chancellor Merkel to go out on a political limb & out of her way to support Sarkozy’s re-election – by OTA-Berlin Constituency blog contributor Emil Hoogensteyn

Monday, January 30th, 2012

 

Political forces can sometimes bring and even force together people who might otherwise have very little in common -  this could be the case with the German Chancellor Merkel and the French President Sarkozy.

” Misery acquaints a man with strange bedfellows” is how William Shakespeare put it with a man who has been shipwrecked and finds himself seeking shelter beside a sleeping [...] Continue Reading…

German Foreign Minister Westerwelle debunks US media perception for caricature of Europe and Germany as inaccuarte and untrue – commentary by Emil Hoogensteyn

Saturday, January 21st, 2012
westerwelle

 

German Foreign Minister Westerwelle has gone on the diplomatic offensive and debunked US media  caricature of Europe and Germany as short-sighted and untrue.  Last Friday he defended the EU’s and Germany’s response to the Euro-zone debt crisis management on a visit in the US and exposed the falseness of the caricature of Europe that prevails in US politics.

Speaking to a Washington so-called [...] Continue Reading…

Berlin in 2012 – What we can expect and look forward to in the New Year – by contributor Mr Emil Hoogensteyn

Tuesday, January 3rd, 2012
EURO sign outside Frankfurt ECB office – foto from Wikipedia by Lars Aronsson

Euro crisis and Economic Debt Crisis Worldwide will dominate for Berliners
On January 1st exactly 10 years ago in 2002, the Euro was introduced as a common currency in 12 European countries and a decade later, the jury is still out on whether it will be considered a success or a failure – this year will be a definitive one for the [...] Continue Reading…

OTA-Berlin Constituency Blog ‘Personage of the Year 2011′ – Angela Merkel & ‘Loser of the year’ has to be K-T zu Guttenberg – by Emil Hoogensteyn

Saturday, December 31st, 2011
Angela Merkel -

 

Chancellor Angela Merkel has been voted ‘OTA-Berlin Constituency Blog’ personage of the year 2011 by the editorial staff.

Ms Merkel knows something about the word ‘ unity’ coming from the formerly divided nation of Germany and now as the de-facto leader of the Euro-zone countries she is actively keeping the various states of Europe together on the correct path in overcoming its current [...] Continue Reading…

UK’s role in EU could become ‘untenable’ after Camerons wanton veto – by OTA-Berlin Constituency Blog contributor Mr W van Coeveren

Tuesday, December 13th, 2011
EURO sign outside Frankfurt ECB office - foto from Wikipedia by Lars Aronsson

EURO sign outside Frankfurt ECB office – foto from Wikipedia by Lars Aronsson

 

British PM Cameron stood completely alone last Friday by refusing to agree to a historic European fiscal pact to save the Euro, the repercussions of which are just starting to be assessed on both sides of the English Channel.

The Labour party leader  Miliband  accused  Cameron of causing [...] Continue Reading…

Wolfgang Schäuble deservedly wins 2012 Charlemagne Prize – by W van Coeveren

Sunday, December 11th, 2011
Wolfgang Schaeuble

The German Finance Minister, Wolfgang Schäuble has been named the recipient of the 2012 Charlemagne Prize – it is an award honoring individuals who have contributed to European unity -previous winners include the former head of the ECB chief, Jean-Claude Trichet, US President Bill Clinton and the German Chancellor Angela Merkel.

The jury for the 2012 Charlemagne Prize said the 69-year-old CDU Politian [...] Continue Reading…

EU shows united resolve – UK shows self-serving and narrow nationalism – Cameron isolates UK and takes side of Anglo/American Casino Bankers -comment by OTA-Berlin Constituency Blog contributor Mr Emil Hoogensteyn

Friday, December 9th, 2011
angela merkel OTA Berlin

Because of pressure from  ‘The City of London’  banking speculators towards Conservative leader Cameron, the UK is facing a self-imposed isolation in Europe

David Cameron vetoed a proposed amendment of the Lisbon treaty, which forced the other European Union members to bypass the UK and agreed amongst themselves -an unofficial agreement between the governments  – thus just outside of the official architecture of the EU.

Cameron has [...] Continue Reading…

The Irish PM or ‘TAOISEACH’ Enda Kenny met Chancellor Angela Merkel yesterday in Berlin – Loser Cameron due tomorrow – comment by OTA-Berlin Constituency Blog contributor Mr Emil Hoogensteyn

Thursday, November 17th, 2011
merkel

The global capitalist debt crisis has created a veritable tectonic shift in European Union the EU – financially and politically. However some are indeed asking is this ‘tectonic shift’  also turning into a ‘Teutonic shift’.

These changes, would normally take decades to come about however it seems to have happened this time in just 4 years.

The answer in German is the popular word [...] Continue Reading…

German gold reserves sacrosanct says German Finance minister & UK Finance minister should not criticize Euro – ‘People who live in Glass houses should not throw stones’ – by ‘OTA-Berlin Constituency Blog’ Economics contributor Mr W van Coeveren

Tuesday, November 8th, 2011
Euro banknotes

Germany will not sell-off or allow any of its over 3400 Tonnes of gold reserves held by its central state bank, ‘Der Bundesbank’, to be used to bolster the rescue fund for crisis bound Euro-zone countries. So said the Germany Economy Minister Philipp Rösler today.

 

For the sake of clarity one ton or ‘tonne’ of gold equals 1000 kilograms of gold except in [...] Continue Reading…

‘Robin Hood’ invoked to fight banks – Colourful Berlin posters at Anti-capitalist Banks Demonstration – Saturday 22nd October 2011- by Emil Hoogensteyn

Saturday, October 22nd, 2011

Hundreds of Berliners again took to the streets this Saturday to demonstrate against the present financial system in which banks are attempting to force governments to make taxpayers pay for their mismanagement, profligate casino type hedge fund betting and unfettered greed.

This was the 2nd Saturday in a row that demonstrators marched to this theme – last weekend, around 10,000 people took part [...] Continue Reading…

No to ‘Quantitative easing’ – ‘No to privatizing of profits and the socializing of losses’ and ‘No to instant easy-fix solutions’ says German Minister of Finance Wolfgang Schäuble – by OTA-Berlin Constituency Blog contributor Mr W van Coeveren

Thursday, October 13th, 2011
Wolfgang Schaeuble

The German Minister of Finance Wolfgang Schäuble is reported to have said yesterday that non-government private commercial lenders to Greece should either take a hair-cut or be given a hair-cut.
Brussels also wants these private banks to accept ‘haircuts’ – losses- of 30%-50% of their holdings in Greek debt instead of the presently agreed 21%.
In other words private banks should [...] Continue Reading…

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