Secession as a Point of Leverage (II)

LONDON/BERLIN (Own report) – Scotland has established an investment center in Berlin, thereby reinforcing its economic ties to the EU and causing – with German support – new tension in Great Britain. According to critics, in its intended secession from the United Kingdom, for which it must establish economic security, the Scottish government is relying on German help. In fact, to increase the pressure on London to achieve the “softest” Brexit possible, Berlin and Germany’s regional governments are going out of their way to strengthen relations with Edinburgh. This is considered essential to German interests. Government advisors in Berlin are recommending using Ireland for obtaining influence in the negotiations concerning the borders between the Irish Republic and Northern Ireland. In the event of a “hard” Brexit, this border would be a particularly sensitive point. Berlin is also using EU foreigners, residing in the United Kingdom, as an additional bargaining chip. Chancellor Angela Merkel has refused to have their rights of residence clarified beforehand.

Flexible Union with a European FBI

BERLIN (Own report) – Berlin is applying intense pressure in the aftermath of the Brexit, to reorganize the EU. Under the slogan, “flexible Union,” initial steps are being taken to establish a “core Europe.” This would mean an EU, led by a small, tight-knit core of countries, with the rest of the EU member countries being subordinated to second-class status. At the same time, the President of the European Parliament and Germany’s Minister of the Economy (both SPD) are calling for the communitarization of the EU’s foreign policy, reinforcement of its external borders, the enhancement of domestic repression and the creation of a “European FBI.” The German chancellor has invited France’s president and Italy’s prime minister to Berlin on Monday to stipulate in advance, measures to be taken at the EU-summit on Tuesday. German media commentators are speaking in terms of the EU’s “new directorate” under Berlin’s leadership. At the same time, Berlin is intensifying pressure on London. The chair of the Bundestag’s EU Commission predicts a new Scottish referendum on secession and calls for Scotland’s rapid integration into the EU. German politicians in the European Parliament are exerting pressure for rapidly implementing the Brexit and reorganizing the EU. Chancellor Merkel has reiterated her veiled threat that “reconciliation and peace” in Europe are “anything but self-evident,” should European countries choose to no longer be integrated in the EU.

Germany Could Lose €80 Billion if Greece Goes Bankrupt

Are you starting to see who has the most to lose in the Eurozone crisis? If so, you see why Greece might not go. If Greek can’t pay, the German banks cannot survive. Germany is also exposed to $72 trillion in derivatives whereas the nation’s GDP is roughly $2.7 trillion, to put it in perspective. The stakes are high and Greece might have the upper hand after all.

 

Head of Bundestag Committee on European Union Affairs predicts that Germany could lose billions of euros if Greece goes bankrupt.

Athens may not be able to return €80 billion of economic aid that it received from Germany in case of bankruptcy, Deutsche Welle wrote.