Angela Merkel and Emmanuel Macron propose a major financial recovery fund worth €500 billion.
France et Allemagne unies pour une relance européenne face à la crise. Suivez en direct la conférence de presse commune du Président @EmmanuelMacron et de la Chancelière Angela Merkel.https://t.co/DTfTExozpP
Liability for the debt would instead be added to the EU budget, to which member states contributions vary according to the size and prosperity of their economies.
Should the proposal receive the endorsement of the 25 other member states, it would amount to a significant move towards a level of burden-sharing and fiscal transfers firmly opposed during past crises. The European commission would borrow the money under the EU’s name.
It would come on top of the bloc’s next budget — the Multiannual Financial Framework — and the €540 billion of loans already announced by the Eurogroup.
The Macron-Merkel initiative is a step in the right direction. But will the size be sufficient? And how to finance it? A digitax & a tax on foreign polluters are indeed the way forward. Better than new contributions or guarantees by member states already in financial difficulties pic.twitter.com/mi3eS6qatW
The money raised by the Commission would be used “in a targeted manner” to support sectors and regions particularly impacted by the pandemic.
Speaking during a virtual press conference with France’s president, Merkel said: “We are convinced that it is not only fair but also necessary to now make available the funds … that we will then gradually repay through several future European budgets”.
“The recent ruling of the German Constitutional Court put under the spotlight two issues of the European Union: the Euro system and the European legal system” reads the statementof the President of theEuropean Commission Ursula von der Leyenon decision of the German Constitutional Court.
“In the same vein, the European Commission upholds three basic principles: that the Union’s monetary policy is a matter of exclusive competence; that EU law has primacy over national law and that rulings of the European Court of Justice are binding on all national courts.
“The final word on EU law is always spoken in Luxembourg. Nowhere else.
“The European Commission’s task is to safeguard the proper functioning of the Euro system and the Union’s legal system.
“We are now analysing the ruling of the German Constitutional Court in detail. And we will look into possible next steps, which may include the option of infringement proceedings.
“The European Union is a community of values and of law, which must be upheld and defended at all times. This is what keeps us together. This is what we stand for”.
Germany's constitutional court orders @bundesbank to stop participating in the ECB's bond-buying programme, until the Lagarde-led institution can prove such stimulus is necessary and appropriate. https://t.co/LuFq1echj8
In a long-awaited ruling on the European Central Bank’s quantitative easing program, Germany’s constitutional court in Karlsruhe accused the EU Court of Justice of overstepping its powers when it backed the ECB’s controversial policy.
The EU chief spokesperson declined an immediate reaciton to this particular issue, promisiing to look into it in-depth in cominng days. However he underlined that European Union law has a primacy over the German constitution and the rulings of the European Union’s top court are binding for the German constitutional court.
Reminindg of the EU general legal framework has been the Commission responce to a German constitutional court ruling that the Bundesbank must stop buying government bonds under the European Central Bank’s long-running stimulus scheme within three months unless the ECB can prove the purchases are needed.
The German ruling has been announced in contradiction to the EU’s top court ruling in 2018 that the ECB bond buying programme was in line with EU law.
“Notwithstanding the analysis of the detail of the German Constitutional Court decision today We reaffirm the primacy of the EU law, and the fact that the rulings of the European Court of Justice are binding on all national courts,” the Commission spokesperson said.
Government is seeking a “coalition of the willing” to shelter migrant children across Europe. The EU is searching for way to avoid the second wave of the 2015 refugee crisis while thousands of migrants gather at Greece’s border. (Image: social media).
Germany has signaled its willingness to take a portion of some 1,500 migrant children in Greek refugee camps, government officials said. https://t.co/SSKZlrl7wh
Germany is prepared to take in “an appropriate share” of the neediest refugee children hosted in overcrowded Greek migrant camps, Berlin officials said on March 9.
The official underlined that they are prepared to take children together with “a coalition of the willing” along with the other EU countries.
The announcement from the government came after Chancellor AngelaMerkel met with members of her coalition government to discuss the humanitarian crisis in Greece including already existing situation in the migrants camps.
At present the crowds of migrants have been gathering along the Greece-Turkey border following President Recep Tayyip Erdogan announcement Turkey borders were open to refugees seeking to cross into Greece.
German plan is set to help between 1,000 – 1,500 children identified as being particularly in need. This means either unaccompanied children under the age of 14 or children in need of urgent medical assistance. However no clarifications of methods of establishing real age of children were presented publicly. So far in absence of documents humanitarian organisations register age of migrants on bona fide basis without any further verifications. This practice has opened a broad gate of abuses, when young men of 25 years, and older registered as minors.
After Turkey failed to break through the Greek border and blackmail Europe into a better deal, it is time to start deescalation. A precondition for any additional EU help should be to stop all support to illegal border crossings & move people away from the border #StandWithGreecehttps://t.co/qdutvBB9po
The Europeans discovered gross abuses in hosting refugee system when a Somalian “child refugee” stabbed a Swedish social worker to death. In the cause of prosecution the assailant has been identified to be at least three years older than the declared age of 15.
Alexandra Mezher, 22, was killed (25.01.2016) after she tried to break up a knife fight at an child migrant centre where she worked in Gothenburg, Sweden.
Educated to care for children Mezher herself had expressed concerns to her family about being the guardian for “big powerful guys aged up to 24“.
#120db: The Muslim Somalian migrant who murdered asylum worker Alexandra Mezher in Sweden
The migrant had claimed to be a minor, but after it was revealed that the Somalian was in fact an adult he was put on trial for her brutal murder. pic.twitter.com/th4mx2RVpX
German Chancellor Angela Merkel said that talks to set the European Union’s budget for the coming seven years will be “very difficult” at an extraordinary summit beginning February 20 in Brussels.
“We think our concerns are not sufficiently addressed on many points, and I therefore see very tough and difficult negotiations ahead,”Merkel told reporters at a Berlin press conference with Finnish Prime Minister Sanna Marin (pictured).
Germany and Finland belong to the circle of mainly northern European EU members that pay more into the EU budget than they get out, known as “net contributors“.
The cause of the fire is not been established yet, but there indications it was caused by the New Year celebrations fireworks, the Taggespiegel newspaper said, citing WDR, the regional public media. The first emergency calls came shortly after midnight. An investigation has been opened.
The Dresden white diamond, one of the most precious jewels in the collection of former Saxon ruler Augustus the Strong has been listed among historic artefacts stolen during the night of a spectacular heist, assessed by police experts as ‘extremely well-prepared’.
Tobias Kormind, managing director of the diamond retailer 77 Diamonds, said that it could be worth up to £8m or £9m (between nine and 10 million euro), adding that thieves would have “hit the jackpot” if they did take it.
None of the diamonds would have been in themselves extra special except for the one large Dresden white,” he said. The rare diamond of 49 carat.
The huge cushion-cut gem was made in the early 18th century and bought at great expense by Augustus the Strong, the Elector of Saxony, in 1728.
Biggest art robbery since WW2: Thieves break into Germany’s ‘Green Vault'
Publishing a list of the pieces taken in Monday’s brazen raid, the Green Vault museum at Dresden’s royal palace said the items stolen included a sword whose hilt is encrusted with nine large and 770 smaller diamonds, and a shoulderpiece containing the famous 49-carat Dresden white diamond.
Dresden’s State Art Collections director, Marion Ackermann, said it was impossible to estimate the value of the items.
The 65th edition of BRAFA art fair, which will take place from 26 January until 2 February 2020 in Brussels, Belgium, will be celebrated in a highly original manner with the exclusive exhibition and sale of five segments of the Berlin Wall.
The proceeds from the sale will be split among five beneficiaries (associations and museums) in the areas of cancer research, the social integration of people with disabilities and the preservation of art heritage. This initiative is only possible due to BRAFA’s nonprofit status which it has retained for 65 years and allows for greater investment in the arts and support of other non- profit organisations.
BRAFA’s visitors have come to expect a different guest of honour every year. These have included international museums, foundations and artists, who have all added their own unique touch to the event. In 2020, the art fair is choosing an innovative approach, launching an unusual initiative on the occasion of the 65th BRAFA in the form of a charity sale of original segments of the Berlin Wall.
These segments were already acquired in 2018, in anticipation of the 30th anniversary of the Fall of the Berlin Wall on 9 November 2019. They were taken from the Hinterlandmauer, or the 68-km ‘inner wall’ that blocked off the border strip to East Berlin. The segments were dismantled by the armed forces of the former German Democratic Republic, or East Germany, during the demolition works following the Fall of the Berlin Wall. They were subsequently acquired and re-used by a public works company that is based in a Berlin suburb. The segments, which are 3.8 m tall and 1.2 m wide, weighing 3.6 tons each, feature graffiti on both sides by anonymous street artists from different periods.
Germany Foreign Minister Heiko Maas shared his hope ofWestiminster lawmakers would vote to proceed with an orderly Brexit, he also confirmed his readiness for a short extension of Brexit for the lawmakers to proceed with the legislation.
“I hope that the British lower house, showing the necessary responsibility, can take a decision on this today and that on the basis of this decision we will be in a position to achieve an orderly Brexit,” German Foreign Minister Heiko Maas.
“Should there be problems in Britain with the ratification, I would not rule out that there could be a short, technical extension,” the top diplomat added.
“Should there not be a majority in the British lower house, then we in the European Union would have to look at whether there would then be a full extension – and only then would there be a decision about that. At the moment, I don’t think it is sensible or appropriate to speculate about that.”