“Van Rompuy said that leaders had also discussed the situation in the Middle East, saying they were concerned about rising violence in Syria and reaffirming their commitments to sanctions against Iran.” This is from his statement after the Euro Summit, as wishy washy, inconclusive, inept and even criminal as all the ones before.
How reassuring of him. He is concerned about the rising violence in Syria. He should be far more concerned by the violence that will inevitably break out in southern Europe initially, not least because of his own utter ineptitude. EU leaders and even more EU “officials” such as Rompuy and Barroso are living in complete cloud cuckoo land. And this last summit proves it.
The Frau is gung ho on abolishing democracy in Europe by creating a Central Budget Overseer with veto rights over each country’s budget. This official will be appointed and will of course not be accountable to anyone, (other than the German Chancellor, perhaps). The member states will forfeit all their rights to their fiscal policy, which means all policy, to an unelected, unaccountable Euro Mandarin, who has even been decided on. Yes, you guessed it. Wolfgang Schauble. The little man with the enormous cheap on his shoulder and desire to punish for the sake of punishment, is the one The Frau wishes to appoint to this position.
Now Hollande is against such nonsense which is good news. He is also in favour of setting up banking supervision ASAP. Which is also good news. However here is the bad news: The Frau agreed that the banking union should be set up by the end of the year. That’s bad? Not in itself, but this is: “She told journalists that a number of “complex legal issues” need to be hammered out before banking supervision can be established.”*
In other words absolutely nothing was achieved in the Euro Zone yet again. The Frau is back to her old game of tactics. OK, you can have your banking union, but…. yes, that is it. It will not be set up before the German Elections because of “the complex legal issues that have to be hammered out.”
Her great love affair for the criminally incompetent Antonis Samaras of Greece is another such tactic to kick the can down the road till her next elections.
However, what she may have failed to realise, is that the Greek can she has been happily kicking down the road for the past nearly 3 years now, has had its fuse lit. She is in danger of blowing it up in her face with the very next kick she gives it. There is no way the Greek people can put up with this criminal policy of stringent austerity, attrition in fact, as in the trenches, till she wins her precious elections.
And though, as a Mistress tactician, she may well have thought of how she could turn a Greek explosion into an electoral advantage for herself, I very much doubt if Rompuy and Barroso have thought of anything at all. So, my dear president of the EU, perhaps you should be far more concerned about the violence that is about to explode in southern Europe which is closer to you than Syria.
When the exorbitant cuts demanded by all the EZ members are voted in and when Greeks start dying of cold and even hunger this winter, when the children of northern Greece will be unable to attend school any more, do not be surprised when a massive bang of violence erupts on your very door step.
*Quotes from The Guardian.