Survival of EU at stake

[transam]

So warns Macron

As the EU are set for an emergency meeting on Thursday

The summit is being heralded as a moment of truth with macron saying that the EU could cease to exist as a political project if it fails to help members devastated by this flu caper

Similar warnings have been made by the Italians and Spanish

 

[pete50]

Hopefully Macron is correct.

 

[ajohn]

A return to the common market might suite all including Boris's lot - all but a few.

 

[transam]

In a recent poll in Germany

Nearly half of all Germans think Italy and Spains flu troubles are mainly due to poor governance

 

[JohnD]

In a recent poll...

...in UK, how many respondents said that the Transitional Period of Brexit should be extended?

(clue: A lot more than 52%)

 

[ReganAndCarter]

What's happening with the transition period? Government have got until 1st July to ask for extension.

How are the trade agreements going? Are things going so well that we won't need to ask for extension in less than 10 weeks time.

 

[transam]

Dire lauguage from Paris Rome and Madrid suggests that the EUs fate is on the line unless the blocs richer countries are ready to dip there hands in there pockets

 

[transam]

...in UK, how many respondents said that the Transitional Period of Brexit should be extended?

(clue: A lot more than 52%)

Off topic

 

[JohnD]

Not at all.

 

[Ihavenojob]

A return to the common market might suite all

Hear hear.

 

[ajohn]

If you listened to the daily briefs you would have heard about the negotiations. We are out, will remain out and negotiations going on via video.

The economics arguments and worries are interesting. The banks were bailed out by printing a lot and I do mean a lot of money. On CV19 the IMF say keep your reciepts, we'll lend you loads and the interest rates will be very low. 3rd world, repayments held and we'll lend you even more. Then we can all start repaying. Debts up to 10x gdp may become fine. End lock downs too early kill a few more slowly but the main aim is paying it back so all will be working for b#gger all really and refilling the IMF pot which may well just be fictitious printed money.

Oh Forgot - think is was 500billion the EU made available to member states.

 

[transam]

There is belated recognition that the EU response to this flu caper has been messy and short sighted

Governments mis_lead the EU about there preparedness than hoarded essential kit
And chaoticslly shut borders disrupting trade and stranding EU citezins

 

[festive]

France is pushing for the creation of a joint fund or EU budget allocation of about €400bn in addition to emergency assistance already offered by the European Central Bank and other EU institutions to mitigate the economic fallout of coronavirus-related lockdowns across the bloc. While Italy, Spain and other eurozone members are backing the initiative, Germany, the Netherlands and other northern member states strongly resist mutualising debt, arguing that it would make their taxpayers liable for other countries’ borrowings."

I see a crack or 3 not of course i want the EU to fail beyond cataclysmic proportions just like some of you ANTI anything British on here want us to fail. It would be sad to see i hope they manage to find a solution.

 

[transam]

The EU going t*ts up at this time would not be good

They need to renem ber that there are regions countries who want to join

Albania

Scotland

 

[motorbiking]

With a single currency they can't really avoid mutualising the debt.