tag:blogger.com,1999:blog-36227136.post8701075313958193839..comments2024-01-16T08:40:53.682+00:00Comments on <a href="http://www.openeurope.org.uk">Open Europe</a>: Marshalling growth in EuropeOEhttp://www.blogger.com/profile/00556463374230498875noreply@blogger.comBlogger9125tag:blogger.com,1999:blog-36227136.post-39692260219175144512012-05-09T14:14:21.664+01:002012-05-09T14:14:21.664+01:00The balance is key, EU funds, tax payers money and...The balance is key, EU funds, tax payers money and social security, but we have to find out the best way to EU growth without social exclusionsSpetses Gallery Akroprorohttps://www.blogger.com/profile/04311812643670507631noreply@blogger.comtag:blogger.com,1999:blog-36227136.post-89093537658874699982012-05-03T12:53:55.439+01:002012-05-03T12:53:55.439+01:00Why is the Turkish flag at the pinnacle? Is that ...Why is the Turkish flag at the pinnacle? Is that just to rub the Greek noses in their downfall?Rollohttps://www.blogger.com/profile/18255460090580758354noreply@blogger.comtag:blogger.com,1999:blog-36227136.post-13887050403590467922012-05-03T12:11:41.796+01:002012-05-03T12:11:41.796+01:00Thanks Spetses Gallery Akroproro - Just a quick qu...Thanks Spetses Gallery Akroproro - Just a quick question though: would you consider this good use of taxpayers' money and the best way to spend EU funds in Greece (if that is indeed what is happening)?Open Europe blog teamhttps://www.blogger.com/profile/13298566546867244328noreply@blogger.comtag:blogger.com,1999:blog-36227136.post-91405163426478115322012-05-03T11:51:53.796+01:002012-05-03T11:51:53.796+01:00Make your voice heard, paricipate in our experimen...Make your voice heard, paricipate in our experiment for +Spaces EC funded project! Post your comments<br /><br />http://ict-spaces.blogspot.com/2012/04/roadmap-to-eu-growth.html<br /><br />https://www.facebook.com/#!/pages/Positive-Spaces/130795383642339Spetses Gallery Akroprorohttps://www.blogger.com/profile/04311812643670507631noreply@blogger.comtag:blogger.com,1999:blog-36227136.post-44568956979240557112012-05-02T12:48:48.492+01:002012-05-02T12:48:48.492+01:00Governments can do very little to help business th...Governments can do very little to help business thrive; what they can do is stop mucking business about. Business will take off by itself, and only needs to have its excesses controlled. But the EU's only cause for existence is to muck people about, by virtue of having 10s of thousands of legislators who know nothing and have never done nuffink else. So this Marshal plan lacks anyone able to marshal it, and is pointless, too.Rollohttps://www.blogger.com/profile/18255460090580758354noreply@blogger.comtag:blogger.com,1999:blog-36227136.post-37387161853770903242012-05-01T12:52:55.125+01:002012-05-01T12:52:55.125+01:00Private investors can insure against losses. The m...Private investors can insure against losses. The major problem for us all is that much of the losses are born by the taxpayers in all European countries. We should not be collectively responsible for the profligate behaviour of the PIIGS.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-36227136.post-52561960971949653042012-04-30T19:49:49.777+01:002012-04-30T19:49:49.777+01:00As for the projected growth fund, I think your par...As for the projected growth fund, I think your paragraph starting:<br /><br />"Given the fairly limited contribution of European funds we wonder why the private sector would suddenly be so keen to invest in these projects ... "<br /><br />gets to the nub of it. <br /><br />Unless the "European funds" would be used to give the private investors some measure of protection against losses in the likely event that some of the projects went wrong.Denis Coopernoreply@blogger.comtag:blogger.com,1999:blog-36227136.post-24934728565946026092012-04-30T19:38:37.822+01:002012-04-30T19:38:37.822+01:00"Remember that the provision and Treaty chang..."Remember that the provision and Treaty change designed to put the permanent euro bailout fund (European Stability Mechanism) on a legally sounder footing while simultaneously giving the UK guarantees that it will not be implicated in euro bailouts in future, is still to be ratified in the UK parliament."<br /><br />That's the radical EU treaty change agreed through European Council Decision 2011/199/EU of March 25th:<br /><br />http://eur-lex.europa.eu/LexUriServ/LexUriServ.do?uri=OJ:L:2011:091:0001:0002:EN:PDF<br /><br />which the government doesn't like to talk about because Cameron gave Merkel what she wanted without getting anything substantive in exchange.<br /><br />It doesn't actually guarantee that the UK won't be implicated in future euro bailouts.<br /><br />It says in the preamble that: <br /><br />"(4) The stability mechanism will provide the necessary tool for dealing with such cases of risk to the financial stability of the euro area as a whole as have been experienced in 2010, and hence help preserve the economic and financial stability of the Union itself. At its meeting of 16 and 17 December 2010, the European Council agreed that, as this mechanism is designed to safeguard the financial stability of the euro area as whole, Article 122(2) of the TFEU will no longer be needed for such purposes. The Heads of State or Government therefore agreed that it should not be used for such purposes."<br /><br />But as that isn't translated into an article in the Decision it really only records what the Heads of State or Government agreed at that meeting in December 2010; they could still change their minds about it a future meeting; and any decision to change their minds and once again abuse Article 122(2) could be taken by QMV over the objections of the UK Prime Minister.<br /><br />For it to provide a proper guarantee for the UK, there should have been another article in the Decision to put all decisions on the activation of Article 122(2) back to unanimity rather than leaving them on QMV.<br /><br />As for the treaty change putting the permanent euro bailout fund "on a legally sounder footing", there is no footing at all without it, and according to this analysis:<br /><br />http://www.europeanfoundation.org/my_weblog/2012/04/margarida-vasconcelos-the-esm-is-illegal-untransparent-and-unaccountable.html<br /><br />there will still be no footing with it.<br /><br />However if Merkel now believes that she can get away with doing what she wants to do without this EU treaty change which she was so insistent on getting in the autumn of 2010, there is now no reason to waste UK parliamentary time on a Bill to approve it or to waste goatskin on an instrument to finally ratify it.Denis Coopernoreply@blogger.comtag:blogger.com,1999:blog-36227136.post-16856709924848106962012-04-30T19:00:05.587+01:002012-04-30T19:00:05.587+01:00Unrealistic.
Especially for green energy and infra...Unrealistic.<br />Especially for green energy and infrastructure you likely need it backed up with some or better a lot real money or guarantees of sound parties (aka Germany).<br />Effectively like the EZ the only guarantees that count are those of the AAAs. No German guarantees say goodbye to this leverage.<br />New technology is needed but is long term. And likely the Southern PIIGS have an education problem there, so it should be done in the North (and probably alot in the UK with by far the best top-educations in the EU).<br />200 Bn is a joke anyway compared to the problems.Riknoreply@blogger.com