Political control Europe begins to decline now that the existential crisis Eurosystem is worsening day by day. The numerous speeches, interviews, articles and other public statements on the future after the Euro as we know it "are a clear signal. The British press focuses attention on what will Germany: The Financial Times on November 24 asks if "Germany will kill the Euro?" While the Independent echoed November 25: "Germany will be the first to leave the Euro? ".
Both newspapers, as well as others in Britain, warn readers that can be expected a ruling by the German Constitutional Court to appeal against EU aid Eurozone, and that voters in Germany are opposed to these gigantic bailouts and increasingly hostile toward the Euro. "No, the threat comes not from the Euro weaker members, but the stronger ones," writes The Independent. "The reform of the treaties governing the euro is therefore essential for Germany ... In practice, however, is difficult to imagine that Germany will be able to get the reforms that voters want her."
And this is the greatest threat to the European single currency at the moment - that next year, with frustration at their inability to achieve meaningful reform of the Euro, Germany (and other countries who think like you ) could abandon the project in which they have invested so much. "
The Daily Telegraph went further, quoting Prof. Wilhelm Hankel, one of five applicants to the Constitutional Court, which says:" Germany can not continue to pay the bail without going bankrupt. This scares people. Is not found free in a safe bank in Germany today because they were all leased and filled with gold and silver. It is a kind of underground Switzerland within our borders. People have terrible memories of 1948 and 1923, when he lost all his savings ... there was a clear violation of the law, and no court can ignore it. I am convinced that the Court will prohibit future payments. "The Telegraph concludes:" If he is right – e lo sapremo in febbraio – la crisi del debito UE subirà una svolta drammatica".
In effetti ci sarà un'udienza decisiva in dicembre, e si prospetta una sentenza all'inizio dell'anno prossimo. Questo scatenerà sicuramente una forte reazione dai mercati finanziari, contro cui dovranno proteggersi i tedeschi, se vogliono evitare di andare a fondo insieme al sistema in bancarotta del gruppo Inter-Alpha.
In Germania stessa molte personalità si sono unite ad Hankel nel mettere in dubbio il sistema dell'Euro "come lo conosciamo", inclusi Hilmar Kopper, ex amministratore delegato della Deutsche Bank, e Hans-Olaf Henkel, ex presidente della Confindustria tedesca (BDI). A livello parlamentare, FDP politicians in particular (the minority partner in the coalition) have announced that they will not vote for aid to the Irish banking system, adding that it is necessary to protect taxpayers' money by this measure. And Carsten Schneider, a spokesman for the SPD on the budget, he appealed to the Minister of Finance Schaeuble to tell the special session of the Budget Committee in the Bundestag on November 29 "has that kind of Plan B, if the euro system should collapse."
In Italy Paolo Savona, president of the Interbank Deposit Protection Fund, reiterated its call for a Plan B Italian, for a future outside the Euro. Speaking on Vatican Radio Nov. 22 said that the only question is whether the Euro will be abandoned by choice or as an "inevitable result." A serious country, he added, must have a "program, a hypothesis, a Plan B that includes this possibility."
In an interview Nov. 19 publication Sussidiario.net internet, Savona says that "the buffer solutions that are identified can not work." "It is better at this point that every country has its own pattern on how to get out of the situation. Everyone should know what is happening and what to do if you break the Eurozone or even the European Union." Today, Savona complaint, "we are in a situation of 'foreign occupation', there are others that should tell you how we must lead. This is not acceptable, it is not decent.
Both newspapers, as well as others in Britain, warn readers that can be expected a ruling by the German Constitutional Court to appeal against EU aid Eurozone, and that voters in Germany are opposed to these gigantic bailouts and increasingly hostile toward the Euro. "No, the threat comes not from the Euro weaker members, but the stronger ones," writes The Independent. "The reform of the treaties governing the euro is therefore essential for Germany ... In practice, however, is difficult to imagine that Germany will be able to get the reforms that voters want her."
And this is the greatest threat to the European single currency at the moment - that next year, with frustration at their inability to achieve meaningful reform of the Euro, Germany (and other countries who think like you ) could abandon the project in which they have invested so much. "
The Daily Telegraph went further, quoting Prof. Wilhelm Hankel, one of five applicants to the Constitutional Court, which says:" Germany can not continue to pay the bail without going bankrupt. This scares people. Is not found free in a safe bank in Germany today because they were all leased and filled with gold and silver. It is a kind of underground Switzerland within our borders. People have terrible memories of 1948 and 1923, when he lost all his savings ... there was a clear violation of the law, and no court can ignore it. I am convinced that the Court will prohibit future payments. "The Telegraph concludes:" If he is right – e lo sapremo in febbraio – la crisi del debito UE subirà una svolta drammatica".
In effetti ci sarà un'udienza decisiva in dicembre, e si prospetta una sentenza all'inizio dell'anno prossimo. Questo scatenerà sicuramente una forte reazione dai mercati finanziari, contro cui dovranno proteggersi i tedeschi, se vogliono evitare di andare a fondo insieme al sistema in bancarotta del gruppo Inter-Alpha.
In Germania stessa molte personalità si sono unite ad Hankel nel mettere in dubbio il sistema dell'Euro "come lo conosciamo", inclusi Hilmar Kopper, ex amministratore delegato della Deutsche Bank, e Hans-Olaf Henkel, ex presidente della Confindustria tedesca (BDI). A livello parlamentare, FDP politicians in particular (the minority partner in the coalition) have announced that they will not vote for aid to the Irish banking system, adding that it is necessary to protect taxpayers' money by this measure. And Carsten Schneider, a spokesman for the SPD on the budget, he appealed to the Minister of Finance Schaeuble to tell the special session of the Budget Committee in the Bundestag on November 29 "has that kind of Plan B, if the euro system should collapse."
In Italy Paolo Savona, president of the Interbank Deposit Protection Fund, reiterated its call for a Plan B Italian, for a future outside the Euro. Speaking on Vatican Radio Nov. 22 said that the only question is whether the Euro will be abandoned by choice or as an "inevitable result." A serious country, he added, must have a "program, a hypothesis, a Plan B that includes this possibility."
In an interview Nov. 19 publication Sussidiario.net internet, Savona says that "the buffer solutions that are identified can not work." "It is better at this point that every country has its own pattern on how to get out of the situation. Everyone should know what is happening and what to do if you break the Eurozone or even the European Union." Today, Savona complaint, "we are in a situation of 'foreign occupation', there are others that should tell you how we must lead. This is not acceptable, it is not decent.
source: Effedieffe
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