EU SUPERSTATE: Brussels ‘to force EVERY member state to adopt euro by 2025’

Eurozone

The EU wants every member state to adopt the Euro by 2025, reports claim [GETTY]

 

BRUSSELS officials want every European Union country to be using the euro by 2025, a bombshell new report has claimed.

Nine of the 28 member state in the EU are currently not part of the single currency.

The UK and Denmark are exempt, but the remaining seven nations all agreed to adopt the euro when they joined the bloc. Continue reading

Draghi Says Anyone Leaving the EU Must Pay But EU Will Not Refund Surpluses

 

In the Netherlands, the Forum For Democracy leader Thierry Baudet confronted Mario Draghi of the ECB asking that since he had said anyone leaving must pay the ECB and exit fee of whatever they owe, he said the Netherlands had €100bn surplus at the ECB they should get back is. Mario Draghi stated bluntly, NO! In other words,  the view at the ECB is what is yours is their’s and what is theirs is theirs.  We have put together a very important report on the Euro covering all the issues and why it is really doomed. Continue reading

German finance minister jumps on Macron to demand great EU integration and economic reform

Finance minister Wolfgang Schauble will discuss boosting the Eurozone with the new French government

Finance minister Wolfgang Schauble will discuss boosting the Eurozone with the new French government [GETTY]

 

GERMANY is to urge Emmanuel Macron to push for more EU integration and a stronger Europe.

Incoming French president Emmanuel Macron has already spoken with German Chancellor Angela Merkel on the phone as she heralded his win a victory for a “united Europe”.

Mr Macron plans to visit Berlin shortly with German ministers poised to use the new French government to strengthen the eurozone.  Continue reading

Macron’s Victory May Be Disaster for Merkel

 

Angela Merkel was the first phone Emmanuel Macron made after the election.  My point about the election for Macron was the worst possible outcome for the Euro was not just reflected in yesterday’s outside reversal to the downside. Merkel has already made it clear that she will not relax  Eurozone spending rules to help Macron. The defeat of Le Pen has sealed the fate of Europe because there will be no reflection upon how to reform the EU to save Europe. Continue reading

Is France About to Destroy the EU?

With the Geert Wilders loss in the Netherlands, we saw the nationalist movement hit the brakes. If Le Pen loses the election in France, everything will be reversed and the German-dominated EU will continue it’s forced integration of member nations, further subjugation and removal of national sovereignty across the board.

Jean-Luc Melenchon (SEBASTIEN BOZON/AFP/GETTY IMAGES)

 

France’s most popular politician believes the ‘German Empire is back’—and that it must be confronted.

France now has two leading presidential candidates that view the European Union as a German empire and want it destroyed. Between them, they have the support of over 40 percent of the voters.

The far right’s Marine Le Pen is tied with the moderate Emmanuel Macron for first place, holding 24 percent of the vote, according to an Ipsos poll. But speeding into third place with 18.5 percent is the far-left Jean-Luc Mélenchon.

With the first round of the election scheduled for April 23, Mélenchon received a major boost after a strong debate performance on April 4. Another poll found Mélenchon was France’s most popular politician, with 68 percent saying they had a favorable opinion of him. Continue reading

The world economy can’t handle even one US rate hike, strategist Sri-Kumar says

Please see the source for the video.

 

Even one small interest rate increase by the Fed could have a sweeping impact on U.S. and world economies, Komal Sri-Kumar told CNBC on Monday.

“I think they are going to hike” on March 15, Sri-Kumar said on “Squawk Box,” echoing a theory shared by many analysts. “But that is going to prompt capital outflows from the euro zone, especially with the political risk. It is going to increase the capital outflow from China, and the U.S. economy will feel the impact.”

These moves would strengthen the dollar against other currencies, putting downward pressure on the euro, said Sri-Kumar, president of Sri-Kumar Global Strategies. Continue reading

Greek Gov’t is 40% of GDP

 

QUESTION:  Hello, I do not understand what Martin say about the fact that the Greek debt doubled when it changed into euro. Indeed, if the currency is twice the value of the old one then all your debt will double as Martin said. However all your assets will double in value too. So it is the same situation as before. I may miss something, could you please explain me what I am missing? Continue reading

Germany’s Identity Crisis Leading to the Rise of the Far Right

Caption: (iStock.com/franckreporter )

 

In a world of uncertainty and crisis, Germany needs a lot of things: A strong leader. A stronger military. Stronger borders. A stable eurozone economy. But there is something else German’s are crying out for: an identity.

In “Germany’s Taboos, Once a Bulwark Against the Far Right, May Now Be Enabling It,” the New York Times wrote:

Since World War II, trying to define the German national identity, much less celebrate it, has been taboo. Doing so was seen as a possible step toward the kind of nationalism that once enabled the Nazi regime. Flags were frowned upon, as was standing for the national anthem.

But spurred by a sense of lost control over the country’s borders, economy and politics, many Germans are reaching for a shared identity but finding only an empty space. Continue reading

EURO COLLAPSE: Italy to QUIT EUROZONE in final nail of coffin for EU, warns top economist

As corrupt as Varoufakis is, he’s right that the German-led EU wants to crush its own member states. Its aim is to make vassal states out of them.

 

Yanis Varoufakis and Italy

Yanis Varoufakis has warned Italy is about to quit the union

 

ITALY could be set to pull out of the Eurozone in what would be the final nail in the European Union’s (EU) coffin, Greece’s former finance minister has warned.

Yanis Varoufakis said there was an “epidemic” among countries using the single currency, with Italy the next to fall foul of Brussels’ economic malaise.

He also said Brexit would “speed up” the break-down of the bloc – before making a dig at Jeremy Corbyn.  Continue reading

EUROZONE CRUMBLES: Germany orders Greece to LEAVE euro if it wants debts cut

Germany seems to be enacting plan B for its European conquest: Consolidate and strengthen.

 

Wolfgang Schaeuble

olfgang Schaeuble said Greece must leave the euro if it wants debts cut (Getty)

 

HARDLINE German minister Wolfgang Schaeuble has warned the only way Greece’s loans can be written off is through the country leaving the eurozone, as the debt crisis once again blows up.

Angela Merkel’s finance chief ruled out cutting the amount of money owed by the struggling Mediterranean state in an interview on German television.

He insisted creditors must keep the pressure on Greece to meet the strict terms of its bailout programme or kick it out of the single currency.

Markets reacted with alarm after the minister raised the prospect of a Grexit. Continue reading

European Leaders Ready to Shrink the EU

Please see the source for the video.

 

The EU needs to unify quickly—and the easiest way forward is for a core group to leave the rest behind.

European leaders agreed last week that a core group of European nations must move rapidly toward unity, leaving the rest of the 28-member bloc behind. German Chancellor Angela Merkel said at an EU summit in Malta on February 3, “The history of recent years has shown that there will be a multi-speed EU, and not all members will participate in the same steps of integration.” Continue reading

Greece on ‘Explosive’ Path Inside Euro and EU

Shutterstock

 

Latest crisis could spark the end of the Eurozone.

Despite years of austerity and economic reforms, Greece cannot dig itself out of its financial hole all the time it is tied into the disastrous Euro currency. Continue reading

CIA Veteran: Europe a ‘Launching Pad’ for ISIS to Attack the U.S.

ISIS fighters / Screenshot from YouTube

Calls for more information sharing across Western nations

Europe serves as a “launching pad” for ISIS jihadists to initiate attacks against the United States due to the absence of a cohesive information-sharing strategy among Western nations, former acting CIA director John McLaughlin said Wednesday.

McLaughlin, a 30-year CIA employee who served as acting director under the George W. Bush administration, warned that the absence of effective coordination between European intelligence agencies exposes the United States to greater risk of attack. Continue reading

Draghi Admits EU May Breakup For First Time

For the first time, the head of the European Central Bank, Mario Draghi, has conceded the possibility that the EU may fall apart. Draghi came out and said that any member leaving the Eurozone would need to settle its claims or debts with the bloc’s payments system before severing ties. This statement reveals the heated discussion at Davos and the rift that is beginning to spread. This statement, released on Friday, was made in a letter to two Italian lawmakers in the European Parliament. Continue reading

Germany’s Gabriel says EU break-up no longer unthinkable

German Economy Minister Sigmar Gabriel addresses a news conference in Berlin Germany, December 19, 2016. REUTERS/Fabrizio Bensch

 

Germany’s insistence on austerity in the euro zone has left Europe more divided than ever and a break-up of the European Union is no longer inconceivable, German Vice Chancellor Sigmar Gabriel told Der Spiegel magazine.

Gabriel, whose Social Democrats (SPD) are junior partner to Chancellor Angela Merkel’s conservatives in her ruling grand coalition, said strenuous efforts by countries like France and Italy to reduce their fiscal deficits came with political risks. Continue reading