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by Nomad (Bjinse) on Mon Feb 6th, 2012 at 01:19:56 PM EST
BBC News - Romania spy chief nominated to replace PM Emil Boc

Romania's president has nominated the country's intelligence service chief as prime minister hours after Emil Bloc resigned amid austerity protests.

"The ruling coalition agreed to appoint Mihai Razvan Ungureanu as prime minister designate," President Traian Basescu said in a statement.

The nomination now requires approval by Romania's parliament.

Mr Boc said he was stepping down to "defuse political and social tension" in the face of three weeks of protests.

Speaking after a cabinet meeting, he said he had given up the government's mandate as "it is the moment for important political decisions".

Although Romania's economy grew last year, the government has been hit by widespread demonstrations.

Mr Boc has imposed a 25% cut in public sector wages and a freeze on pensions.

Sales tax was also increased to 24%, in a country seen as Europe's second poorest.

by Nomad (Bjinse) on Mon Feb 6th, 2012 at 02:56:50 PM EST
[ Parent ]
Europe's governments are running out of options | World news | The Guardian

For the governments of Europe in the midst of the EU's worst-ever crisis, it is getting increasingly difficult to reconcile internationally ordained austerity packages with popular acquiescence in spending cuts, job losses and slashed budgets.

Whether using the euro or not, governments from the Baltic to the Balkans are struggling to stay in office while implementing the savage savings programmes dictated by technocrats from Brussels, Washington and Frankfurt.

The Romanian government's fall on Monday after weeks of civil unrest in Bucharest is but the latest example. In Greece, another uneasy coalition may be falling apart as it balks at meeting the severe terms of the troika of the European commission, the European Central Bank and the International Monetary Fund (IMF) needed to secure a second €130bn (£108bn) bailout in time to redeem a large tranche of its debt next month.

Athens will again be seething with rage on Tuesday as two of the biggest unions stage a 24-hour general strike. Trapped between the demands of their constituency and the dictates of international creditors, governments and political leaders all across Europe are running out of options.

by Nomad (Bjinse) on Mon Feb 6th, 2012 at 03:07:42 PM EST
[ Parent ]
...governments and political leaders all across Europe are running out of options.

Baloney. There are plenty of options. They could raise tax rates, or start collecting the taxes already due, or change the things they tax. They could move responsibility for social welfare programs to a federal body where the money is controlled. They could tell the banks to take a hike. They could tell the people to take a hike.

What they are running out of is options that will allow the currently-in-power to retain their power and their heads.

by asdf on Tue Feb 7th, 2012 at 12:15:44 PM EST
[ Parent ]
Ex-ForMin, current Foreign Intelligence chief Mihai Razvan Ungureanu designated new Romania prime-minister - Top News - HotNews.ro
Former Foreign minister Mihai Razvan Ungureanu, who's been serving as chief of the Foreign Intelligence Service, has been designated new prime minister of Romania following Emil Boc's withdrawal on Monday. Ungureanu said today that his key objective for the moment was the quick formation of a new government and pointed out his ideological options "were always Right-leaning".

Mihai Razvan Ungureanu said on Monday that serving as PM was a great responsibility that he undertook and that he had the experience of two institutions which, under his management, modernized and improved their performance - the Foreign Ministry and the Foreign Intelligence Service.

He said his political independence provided the necessary grounds for him to fulfill his term and promised to continue reform.
by afew (afew(a in a circle)eurotrib_dot_com) on Mon Feb 6th, 2012 at 03:13:30 PM EST
[ Parent ]
BBC "journalists" think Romania is an American state, with "sales tax"?

Boc raised a European tax called VAT to 24%.

by afew (afew(a in a circle)eurotrib_dot_com) on Mon Feb 6th, 2012 at 04:22:23 PM EST
[ Parent ]
Former spy boss moves to Deutsche Bank - The Local

Ernst Uhrlau, former head of Germany's foreign intelligence agency the BND, has been on the payroll of Germany's biggest bank since the start of February, just two months after his retirement.

A spokesman for the bank on Sunday confirmed a report in Der Spiegel news magazine that the former intelligence chief is now working as a freelance "global risk analyst" at the bank, and that this new job had been cleared by the Ronald Pofalla, chief of staff at the German chancellery.

The 65-year-old Uhrlau retired at the end of last year, when he reached the age limit for his office at the BND. He spent six years as president of the overseas intelligence agency and was also secret service coordinator for the German government.

by afew (afew(a in a circle)eurotrib_dot_com) on Tue Feb 7th, 2012 at 04:16:49 AM EST
[ Parent ]
BBC News - Deep freeze tightens grip across Europe

The Arctic conditions sweeping Europe have tightened their grip, with more deaths reported in Poland and Ukraine, taking the toll to well over 200.

Polish authorities said nine people had died in the last 24 hours.

An EU official denied there was an emergency as a result of a drop in Russian gas supplies to member states.

But Italy's economic development minister described the situation in the country - where some 60,000 households are without power - as "critical".

Overnight in Poland temperatures reportedly dropped to beneath -30C.

Ukraine's government has said that the country's death toll stands at least 130.

Many of those who died from hypothermia there were homeless people living on the streets, officials said.

In parts of Italy, temperatures dropped to their lowest levels for years, with -10C recorded in Milan and heavy snow closing Rome's Colosseum and the Roman Forum.

A total of 17 people have died since the plunging temperatures began in Italy, with eight dead on Sunday alone.

Economic Development Minister Corrado Passera said gas flows were being closely monitored after demand in the country reached all-time highs following a sixth straight day of limited gas supplies from Russia.

by Nomad (Bjinse) on Mon Feb 6th, 2012 at 02:56:53 PM EST
[ Parent ]
Eight killed in Bulgarian floods as European cold snap continues | World news | The Guardian

Europe's bitterly cold weather has killed another 33 people, and melting snow caused a dam wall to break and flood a village in Bulgaria.

Four people drowned when the dam flooded the village of Bisser, in southern Bulgaria, after heavy rain and snow melting. Four more people died in Bulgarian floods when their cars were swept away by high waters.

"There are demolished houses and people in distress," the interior ministry said. Bulgaria warned neighbouring Greece and Turkey that two other dams were expected to overflow later on Monday.

Gas supplies to the European Union from Russia improved at the weekend but had not fully recovered, the European commission said, as Italy convened a crisis committee to handle what it called critical shortages of Russian gas.

Nine more people died in Poland, bringing the total to 62 since the end of January. Temperatures fell to -24C at night in north-eastern parts of the country.

In Croatia's Dalmatia region, more than 100 villages were cut off by snow, but rescuers reached some people on Sunday. In one village, a woman gave birth in her house with the help of a neighbour while a midwife from a nearby town gave them instructions by telephone. "The baby girl is fine and beautiful and I'll probably name her Snow White, given the circumstances," the mother, Marta Glavota, told the 24sata news website.

by Nomad (Bjinse) on Mon Feb 6th, 2012 at 02:57:21 PM EST
[ Parent ]
BBC News - Gas price rises as freezing weather bites across Europe

The price of gas around Europe has risen sharply due to increased demand as a result of the cold weather.

UK gas for next day delivery reached 93 pence per therm, the highest for more than six years.

It marks a rise of 24% in the UK price since Friday.

In addition, Italy has decided to ration the supply of gas to industrial customers after receiving insufficient gas from Russia to meet high levels of demand.

Prices have soared even higher in France, which is struggling to meet demand, reaching the equivalent of almost £1.02 per therm.

Companies supplying residential customers rarely buy gas on the next day market. But it is relied upon by some big commercial users.

by Nomad (Bjinse) on Mon Feb 6th, 2012 at 03:02:04 PM EST
[ Parent ]
DutchNews.nl - 'Cautious' optimism about 11-city skating race, but will it thaw?

There is a `cautious chance' that the famous Frisian 11-city skating race or Elfstedentocht will be held in the current cold snap, Wiebe Wieling, chairman of the race association, told a news conference on Monday morning.

The ice in the north of the province is `fantastic' but still not good enough in the south, Wieling said. 'That gives us cause for concern,' Wieling said.

The association is now looking at possible alternative routes. `But at the moment we are far from the necessary 15 cm of ice. In some places it is far too thin,' Wieling is reported as saying by news agency ANP.

Ice-clearing

According to the Telegraaf, hundreds of volunteers have been roped in to clear snow from the surface of the ice in an effort to promote thicker ice. Up to one third of the route will have to be cleared by hand, the paper says.

The ice needs to be at least eight centimetres thick to support machine-driven ice clearing equipment.

The 22 local ice association chiefs met on Sunday evening to discuss the prospects. There have been 15 of the grueling 200 kilometre races since the event first took place in 1909.

by Nomad (Bjinse) on Mon Feb 6th, 2012 at 03:02:09 PM EST
[ Parent ]
Russian people need more power, Putin says - RUSSIA - FRANCE 24

Russia must give its people more political power but should not hastily follow foreign recipes for democracy, Prime Minister Vladimir Putin said in an article published on Monday, a month before a presidential election he is expected to win.

Facing the biggest opposition protests of his 12-year rule as he prepares to return to the Kremlin, Putin acknowledged in a front-page article in the daily Kommersant that many Russians want a stronger voice.

But he announced no new electoral reform initiatives, signaling he intends to move cautiously in a six-year term and keep a firm grip on the political system he has dominated since he was first elected president in 2000.

"Our society today is completely different than it was at the start of the 2000s. Many people are becoming wealthier, better educated and more demanding," Putin wrote, taking credit for economic improvements since he came to power.

"Our civil society has become incomparably more mature, active and responsible," the former KGB spy wrote. "We need to renew the mechanisms of our democracy - they need to catch up to growing public activity."

However, he added: "Real democracy is not created in an instant and cannot be copied from an external model."

by Nomad (Bjinse) on Mon Feb 6th, 2012 at 03:10:40 PM EST
[ Parent ]
People need more money meaning more equality...and that's the case everywhere. For this to be done people do need more power...How to get there with politicians already in place??? Can they change over night with enough pressure put on them?

Science without religion is lame, religion without science is blind...Albert Einstein
by vbo on Mon Feb 6th, 2012 at 08:40:03 PM EST
[ Parent ]
Norway gunman asks to be released - NORWAY - FRANCE 24

The Norway gunman who killed 77 people in twin attacks in July asked an Oslo court on Monday to release him immediately, saying his massacre was a "preventive attack against state traitors."

"I do not accept imprisonment. I demand to be immediately released," Anders Behring Breivik, a 32-year-old right-wing extremist, told the Oslo court that was convened for a hearing on his detention.

Hollow laughter erupted in the rows where survivors and families of the victims were seated, when Behring Breivik twice demanded his immediate release.

The July 22 massacre was "a preventive attack against state traitors" committed to "defend the ethnic Norwegian population," he told the court.

Behring Breivik, who has claimed to be on a crusade against multi-culturalism and the "Muslim invasion" of Europe, set off a car bomb outside government buildings in Oslo, killing eight people.

He then went to Utoeya island, some 40 kilometres (25 miles) northwest of Oslo, and, dressed as a police officer, spent more than an hour methodically shooting and killing another 69 people, mainly teens, attending a summer camp hosted by the ruling Labour Party's youth wing.

by Nomad (Bjinse) on Mon Feb 6th, 2012 at 03:11:01 PM EST
[ Parent ]
Sarkozy's playing dirty, says leader who's soaring in polls (but can't get on the ballot) - Europe - World - The Independent

President Nicolas Sarkozy's chances of re-election this spring will boom if the far right candidate, Marine Le Pen, is locked out of the race, according to a poll published yesterday.

The poll triggered claims from the far right of an "undemocratic" conspiracy by Mr Sarkozy's party, the UMP, to deny Ms Le Pen the 500 official signatures needed to make the first round ballot on 22 April. So far, the National Front (NF) leader has 352 promises from village mayors and elected officials and is struggling to find new sponsors before a 16 March deadline, despite almost 20 per cent support in the polls.

At a rally in Toulose last night, Ms Le Pen said she would not let the "clique" of mainstream parties give her "lessons on democracy...It's not me they're scared of. It's you, the French people, that they are trying to silence."

Centre-right and Socialist politicians said Ms Le Pen was not gathering signatures due to "extreme" and "absurd" statements and xenophobic and anti-European policies. Others claimed she was lying about the number of sponsors in order to seem a "victim of the system".

A poll for the Journal du Dimanche found yesterday that Mr Sarkozy would draw level with Socialist front-runner, François Hollande, if Ms Le Pen was barred from the race. Without her name on the ballot paper, the poll found Mr Sarkozy and Mr Hollande would each attract 33 per cent of the first round vote. If the far right was present, Mr Hollande would score 29.5 per cent, Mr Sarkozy 24.5 per cent and Ms Le Pen 19 per cent.

by Nomad (Bjinse) on Mon Feb 6th, 2012 at 03:12:55 PM EST
[ Parent ]
The Front National plays this victimisation game for the 500 signatures every presidential election. It's a tried and tested way of appearing to be the anti-establishment candidate that the big parties want to silence.

Le Pen will be on the ballot.

by afew (afew(a in a circle)eurotrib_dot_com) on Mon Feb 6th, 2012 at 04:20:42 PM EST
[ Parent ]
by das monde on Tue Feb 7th, 2012 at 08:24:03 AM EST
[ Parent ]
Eurointelligence Daily Briefing: High noon, postponed
Talks to finalise the terms of the next Greek austerity programme have been postponed until today; Kathimerini has the outlines of a deal of €2.5bn: €1.1bn in health care cuts and further cuts in public investments; €850m are still to be agreed; minimum wage is cut by 20-20%, and labour regulation is relaxed; 15,000 administrative workers will lose their jobs;as part of a plan to reduce state employment by 150,000; Germany and France also propose the creation of an escrow account, earmarked for bond repayments, so that they can withhold future funds from Greece without triggering a default; Paul Krugman says the required Greek adjustment is too extreme, and cannot conceivably work; Angela Merkel and Nicolas Sarkozy criticise Francois Hollande's threat not to respect the fiscal treaty; Arnaud Leparmentier says Sarkozy wrongly pretends that he is leading Europe, while Merkel wrongly pretends the opposite; Bild explains to its readers why Sarkozy admires Merkel so much; Germany's SPD decided to campaign in favour of Hollande;the French current account deficit reaches 3.6% in 2011; the SPD is going to run the 2013 election campaign with an anti-finance agenda; Jean Pisani-Ferry says eurozone fiscal strategy might work, but requires a measured implementation of fiscal targets, and significant monetary policy support; Joseph Stiglitz accuses the ECB of pandering towards vested interests.


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 Carrie (migeru at eurotrib dot com) on Tue Feb 7th, 2012 at 04:30:46 AM EST
[ Parent ]
Germany and France have found another way to take away Greek sovereignty

France and Germany have come up with another torture instruments for the Greeks

This is fundamentally a story about mistrust. Angela Merkel and Nicolas Sarkozy are worried that a new Greek government might squander the funds of a second rescue programme. For that reason, they are now proposing to create a special escrow fund, earmarked to pay off Greek debt holders. This would enable them to withhold funds from Greece, without triggering an automatic default, the FT reports. It is hard to see why Greece should accept this. The article said the plan had the backing of the European Commission. Germany came up with this idea after the angry rejection of its proposal of a fiscal Kommissar. The article quotes a senior French official as saying: "This is a better idea than the proposal of a debt commissar...It is more acceptable.

France and Germany finally make it absolutely transparent that the "Greek rescue" is not a rescue of Greece, but using Greece as a conduit ro give money to their banks.

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 Carrie (migeru at eurotrib dot com) on Tue Feb 7th, 2012 at 04:32:06 AM EST
[ Parent ]
@yanisvaroufakis
It is official. EU will be (a) paying off the banks directly (b) adding these sums to Greece's debt (c) screw Greece's GDP into the ground.



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 Carrie (migeru at eurotrib dot com) on Tue Feb 7th, 2012 at 04:40:39 AM EST
[ Parent ]
France, Germany press for Greek debt escrow account
One French source said the idea, floated by Germany, was for funds from a planned second 130 billion euro bailout program for Greece to be siphoned off to reassure bondholders that future payments were guaranteed.

The scheme, which was only at a preliminary stage, was to demonstrate that debt payments were being given priority in Greece's budget, the French source said.

Greece, which has repeatedly failed to meet fiscal targets set out by its international lenders, had reacted angrily to German calls for the appointment of a "budget commissioner," saying it would be undermine national sovereignty.



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 Carrie (migeru at eurotrib dot com) on Tue Feb 7th, 2012 at 04:46:20 AM EST
[ Parent ]
If only the debtor nations had told Merkozy to stuff it on day zero and forced them to bail out their banks things would be a lot better now.
by Colman (colman at eurotrib.com) on Tue Feb 7th, 2012 at 05:22:34 AM EST
[ Parent ]
Would they just bail out their fucking banks already? What is wrong with these people?
by Colman (colman at eurotrib.com) on Tue Feb 7th, 2012 at 05:21:26 AM EST
[ Parent ]
Greece is a braindead pregnant incest rape victim kept on life support by its rapist family so the pregnancy comes to term.

That's what's wrong with these people.

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 Carrie (migeru at eurotrib dot com) on Tue Feb 7th, 2012 at 05:44:29 AM EST
[ Parent ]
I mean, seriously, this is what passes for "European Solidarity" these days:Euro Group President Jean-Claude Juncker: If Greece Doesn't Reform, 'It Can't Expect Solidarity'.

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 Carrie (migeru at eurotrib dot com) on Tue Feb 7th, 2012 at 05:46:14 AM EST
[ Parent ]
Germany came up with this idea after the angry rejection of its proposal of a fiscal Kommissar.

That was a serious proposal? Really? I've been busy and sort of assumed it was one of those things floated by someone semi-connected.

by Colman (colman at eurotrib.com) on Tue Feb 7th, 2012 at 05:28:13 AM EST
[ Parent ]
Yes, it's been considered a German diplomatic failure by overreach.

Now, as people don't know what "escrow" means, but they do know what "kommissar" means, they are hoping the new idea will fly.

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 Carrie (migeru at eurotrib dot com) on Tue Feb 7th, 2012 at 05:43:09 AM EST
[ Parent ]
sort of assumed it was one of those things floated by someone semi-connected

Let's review the pedigree of the idea:

June 2011: Trichet suggests it in his Charlemagne Prize acceptance lecture

"But if a country is still not delivering, I think all would agree that the second stage has to be different," he said, suggesting that eurozone authorities be given "a much deeper and authoritative say in the formation of the country's economic policies if these go harmfully astray".

He added: "It would be not only possible, but in some cases compulsory, in the second stage for the European authorities - namely the council on the basis of a proposal by the commission, in liaison with the ECB - to take themselves decisions applicable in the economy concerned."

Also in June: Jürgen "raving mad" Stark repeats Trichet's suggestion
ECB chief economist Jürgen Stark, in an interview with Italy's Il Sore 24 Ore, repeated the suggestion of external budgetary intervention. "If countries in difficulty do not introduce the necessary adjustment measures, then interfering in their national policy could be a necessary way of ensuring the correct functioning of monetary union," said Mr Stark.
September 2011: The Dutch government takes the idea and runs with it
The Dutch  prime minister Mark Rutte, in a joint article with his finance minister Jan Kees de Jager, called for the forced expulsion of member states. He also wants to appoint a new budget tsar, the FT writes in its news story accompanying the article, with powers to dictate taxes and spending in eurozone countries, and who would be empowered to kick countries out of the eurozone.
Then at the end of last year the CDU and started toying with the idea, and it was leaked as a trial balloon the week before the end-of-January "informal Council summit".

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 Carrie (migeru at eurotrib dot com) on Tue Feb 7th, 2012 at 10:50:57 AM EST
[ Parent ]
@MatinaStevis
My timeline says a German flag has been set alight outside the Greek parliament. This is what it's come to? Very sad. #Greece #euro #Germany


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 Carrie (migeru at eurotrib dot com) on Tue Feb 7th, 2012 at 11:37:15 AM EST
[ Parent ]
El Mundo [ES] via Presseurop: Why we've had enough of Greece
Yesterday the troika of the IMF, the European Central Bank and the European Commission had to threaten the Greek government with the torments of hell to get them to agree to lay off 15,000 civil servants in 2012 to lower the country's deficit. Greece has more than 700,000 public servants (out of a population of 11 million) and has promised to cut that number by 150,000 by the year 2015. But it is doing so with the alacrity of a turtle. In fact, it already had promised to slash 32,000 last year, but in the end trimmed only 2,000.

...

The Spanish government is no stranger to this. The EU leadership do not like the prospect of opening the exit door of the euro club, because after Greece would go Portugal, and nobody knows where the list could end. But they would also like the Greek politicians to take events more seriously. "We knew long ago that the Greeks are the way they are. The problem is not only economic but political," says a senior official.

And the way out does not seem to lie in threats, like the German threat to appoint a proconsul or the French idea of creating a separate account where the money to pay the interest can be deposited. The Greeks have never felt inferior to other Europeans. Although their economy is in ruins, their national self-esteem and pride are gigantic. They have, in fact, always distrusted the idea of Europe, unless it would mean that Brussels would fund their lifestyle. But all this was known almost from the day they entered the EU.



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 Carrie (migeru at eurotrib dot com) on Tue Feb 7th, 2012 at 11:48:46 AM EST
[ Parent ]
BBC: Greece exit would not end euro, says EU commissioner
European Commission Vice President Neelie Kroes told a Dutch newspaper that there would be "absolutely no man overboard" if Greece left the euro.
Of course not: once someone is fully dehumanize you can throw them overboard without guilt.
"The Greeks have to realise that we Dutch and we Germans can only sell emergency Greek aid to our taxpayers if there's evidence of good will."

A similar message was delivered with a more optimistic spin by Jean-Claude Juncker, chairman of the "eurogroup" of eurozone finance ministers, who said he had no doubt that Greece would remain within the eurozone, provided that it met its obligations to other members.



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 Carrie (migeru at eurotrib dot com) on Tue Feb 7th, 2012 at 05:06:45 AM EST
[ Parent ]
Nomad, what are the connotations of the following turns of phrase in Dutch?

Volkskrant: Neelie Kroes: Euro kan best zonder Athene

Kroes is er vooralsnog geen voorstander van als Griekenland de euro inruilt voor de drachme. 'Maar er is absoluut geen man overboord als we iemand missen uit de eurozone.' Ze beseft dat haar uitlatingen omstreden zijn en koren op de molen van de PVV die al langer bepleit de Europese geldkraan naar Athene dicht te draaien. Kroes: 'Misschien is mijn woordkeus niet helemaal gelukkig. Wat is een man overboord? Er wordt steeds gezegd: als je één land laat uitstappen of vraagt om uit te stappen, dan stort het hele bouwwerk in. Maar dat is gewoon niet waar.'


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 Carrie (migeru at eurotrib dot com) on Tue Feb 7th, 2012 at 11:00:11 AM EST
[ Parent ]
A song for Neelie Kroes and Greece:

Keelhaul that filthy bastard
send him down to the depths below
let the landlubber walk the plank
with a bottle of rum and a yo-ho-ho


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 Carrie (migeru at eurotrib dot com) on Tue Feb 7th, 2012 at 11:04:03 AM EST
[ Parent ]

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