Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
Display:
That's not the way the papers are phrasing it.

Last week, Greece agreed with the troika on the austerity package. When it went in front of the EU FMs, they demanded an additional 325 million that sent Greece back to the drawing board.

Commentators all over Europe noted that it appeared the EU was shifting the goalposts to antagonize the Greeks.

Others said, if the Greek parliament approved the new measures, watch the EU go back again and shift the goalposts.

The new package contained $325 million in additional cuts, and it was approved. Where did the cuts come from? The military.

This is part of the austerity deal the Greeks sent.

It's been less than a week since the additional demands (made Thursday night). what exactly is it that you want?

Greece agreed to an additional 325 million to be cut from defense procurements.

But I bet Germany wasn't expecting that since Germany demands Greece buy useless armaments from Germany, stuff that doesn't even work.

by Upstate NY on Tue Feb 14th, 2012 at 04:39:10 PM EST
[ Parent ]
well, according to the Papers I've read those 325 Million were included in the 3.3 billion savings package but not substantiated as of Sunday evening (according to Der Spiegel). So Juncker postponed the meeting.
by cris0 on Tue Feb 14th, 2012 at 05:18:45 PM EST
[ Parent ]
Is news traveling by pony in Germany these days?

http://www.washingtonpost.com/business/markets/a-look-at-the-austerity-measures-greece-has-to-introd uce-before-getting-bailout/2012/02/14/gIQArPpBDR_story.html

Note, 300m in military cuts that weren't there on Thursday. The additional 25m is coming out of pensions.

It's there. Junker can pretend, but it's there.

Moving the goalposts again.

by Upstate NY on Tue Feb 14th, 2012 at 05:43:26 PM EST
[ Parent ]
Hmm...

that was published tuesday.

Juncker postponed the meeting on Sunday evening.

by cris0 on Tue Feb 14th, 2012 at 06:55:39 PM EST
[ Parent ]
No, he postponed it today.

Everyone knew of what the Greek vote consisted. It was an actual vote on the program. Ollie Rehn said late this afternoon that the meeting was on.

You're telling me that the meeting was postponed on Sunday and Ollie Rehn was not informed until today?

I'd like to see a source for that.

They are moving the goalposts no matter how much you wish to deny it.

by Upstate NY on Tue Feb 14th, 2012 at 07:11:43 PM EST
[ Parent ]
From Eurointelligence this morning by e-mail:

The other issue is the €325m shortfall in savings.  Kathimerini  writes that the Greek cabinet examined a proposal to use cuts in defense spending, public investment funds and the health sector, but that this proposal was rejected by Euro Working Group -- low-level EU finance ministry officials who were meeting in Brussels on Tuesday. Kathimerini's sources said that the EU officials insisted that the additional savings should come from cuts to pensions.  
by afew (afew(a in a circle)eurotrib_dot_com) on Wed Feb 15th, 2012 at 02:55:14 AM EST
[ Parent ]
>But I bet Germany wasn't expecting that since Germany demands Greece buy useless armaments from Germany, stuff that doesn't even work.>

Could we retire that lie?

by IM on Sat Feb 18th, 2012 at 10:18:57 AM EST
[ Parent ]
In the latest round of negotiations Greece proposed to cut its defence budget by a few hundred million and was told by the Troika to go back to the drawing board and cut pensions instead. Is that also a lie?

tens of millions of people stand to see their lives ruined because the bureaucrats at the ECB don't understand introductory economics -- Dean Baker
by Migeru (migeru at eurotrib dot com) on Sat Feb 18th, 2012 at 10:30:41 AM EST
[ Parent ]
It's the truth.

The submarines were designed for the North Sea and they keel over in the warm med waters.

by Upstate NY on Sat Feb 18th, 2012 at 06:41:17 PM EST
[ Parent ]
Tell that to Israel.
by IM on Sun Feb 19th, 2012 at 04:18:21 PM EST
[ Parent ]
You act as if I'm making this up...

http://en.wikipedia.org/wiki/Type_214_submarine

by Upstate NY on Mon Feb 20th, 2012 at 11:38:51 PM EST
[ Parent ]
I find this extremely hard to believe. Swedish subs are made for Baltic waters, but the only thing needed to modify when they went to the Med IIRC, was improved air conditioning.

And as IM said, tell it to Israel.

Peak oil is not an energy crisis. It is a liquid fuel crisis.

by Starvid on Sun Feb 19th, 2012 at 04:40:27 PM EST
[ Parent ]
by Upstate NY on Mon Feb 20th, 2012 at 11:39:04 PM EST
[ Parent ]
There are many articles on this, by the way, and Cohn-Bendit is on the record in the commission.
by Upstate NY on Sat Feb 18th, 2012 at 06:42:03 PM EST
[ Parent ]

Display:

Occasional Series