Brussels waits for the Germans to arrive

German chancellor Angela Merkel addresses the European Parliament. (European Parliament Audiovisual Services).

German chancellor Angela Merkel addresses the European Parliament. (European Parliament Audiovisual Services).

European Council president Herman Van Rompuy in a four short lines announcement congratulating Angela Merkel on her victory in yesterday’s elections repeats her name twice, plus once in the title. This is rather too much in a fifty words official statement. The announcement written in the usual official language avoids celebrating the CDU-CSU victory but the fact that the Chancellor’s name is repeated three times, leaves no doubt that the European Council President is more than happy about the results of the German elections.

This is not a reprehensible reaction per se, but at least semiotically, it undermines the image of impartiality of the Council President, a standard prerequisite in this office. Of course Rompuy is a politician and his affiliations are neither hidden nor illegitimate. In any case the new German government under Angela Merkel will seek an even more influential position in the Brussels universe, after CDU’s triumph. This will facilitate Berlin’s representatives in all European Union decision-making bodies, to impose their views in crucial EU affairs and more so in Eurozone matters.

Uneasy partners

The European Sting writer Suzan A. Kane this morning presented the two most important Eurozone issues which are pending for months, waiting for the German elections to be held. It’s Greece’s third aid package and the enactment of a liquidation mechanism for Eurozone’s failing banks (Single Resolution Mechanism- SRM). Both issues are of urgent nature but again nothing will be decided in Brussels until Berlin has a new government and this new Merkel administration reaffirms or reformulates its positions on both those matters.

Now however it is certain that Merkel will need a partner to support a new government of hers in the Bundestag. The socialists of SPD are the most obvious, if not compulsory solution. The Greens and the left Die Linke party are excluded in first reading. The socialists however will not be an accommodating collaborator. The problem is that the grand coalition government formed by CDU and SPD back in the 2005-2009 worked negatively for the socialists. They proved unable since then to re-emerge as a credible contestant of the lead position in German politics. Given that? negotiations for a new grand coalition administration may drag on for quite some time.

However the two pending major issues, which haunt the European Union and more so the Eurozone? cannot wait much longer. The Greek tragedy needs urgently a hopefully final epilogue chapter to be written, while the creation of a resolution mechanism for failing Eurozone’s banks is a much more important affair.

SPD’s positions matter

In this respect the opinion of SPD for those two issues will play an important role, if and when the socialists decide to participate in the new German government. As far as the Athens enigma is concerned, the socialists have voted in the Bundestag for the two previous Greek aid programmes. On top of that, during the electoral campaign, SPD’s leadership under Peer Steinbrueck and Chairman Sigmar Gabriel, tried to expose Merkel as holding back the truth that Greece will certainly need more help from the German taxpayer, indirectly accepting this prospect themselves.

It’s not clear however what the German socialist believe about the other thorny Eurozone issue, namely the bank resolution mechanism. Are they willing to go along with Merkel and her Finance Minister Wolfgang Schaeuble who have supported a weak, decentralised and uncertain version of SRM, without access to back up funding/loans from the wealthy European Stability Mechanism?

In conclusion the truth is that Brussels cannot do anything to effectively press the German political elite to hasten their negotiations and swiftly form a government. Consequently the EU will wait for Berlin to come up with a final decision on all those questions. In this way the German position of influence in Brussels is indirectly reaffirmed.

the sting Milestone

Featured Stings

Can we feed everyone without unleashing disaster? Read on

These campaigners want to give a quarter of the UK back to nature

How to build a more resilient and inclusive global system

Stopping antimicrobial resistance would cost just USD 2 per person a year

Better sanitation for India is in the pipeline

As India’s lockdown ends, a mental health crisis is just beginning

Fighting against the Public Health System dismantling means guaranteeing assistance to all

Under fire, UN refugee agency evacuates 135 detained in Libya to Niger

Safe spaces offer security and dignity for youth, and help make the world ‘better for all’: Guterres

WEF Davos 2016 LIVE: “If we do not do properly the Paris agreement, then all 16 remaining goals will be undermined”, UN Secretary General Ban Ki-moon cautions from Davos

‘Spectre of poverty’ hangs over tribes and indigenous groups: UN labour agency

The staggering loss of the Arctic Ocean’s oldest sea ice shown in time-lapse

Rare earths are the new battlefront in the US-China trade war. But what are they?

Indonesia has a plan to deal with its plastic waste problem

Eurasian Union begins: the giant modelled on the EU is Moscow’s biggest challenge

A day that Berlin and Brussels would remember for a long time

Preparing Africa for ravages of climate change ‘cannot be an afterthought’ – COP24

How the United States can win back its manufacturing mojo

European Accessibility Act: Parliament and Council negotiators strike a deal

Millions at risk if Syria’s war moves to last redoubt of Idlib, warns senior aid official

South Eurozone needs some…inflation and liquidity

Three ways the world must tackle mental health

How can we produce enough protein to feed 10 billion people?

Future-proofing the European banking market – removing the obstacles to exit

Millions denied citizenship due to ideas of national, ethnic or racial ‘purity’: UN rights expert

“As long as we work together through thick and thin, more benefits can be delivered to the people of Eurasia”, China’s Premier Li Keqiang highlights from ASEM in Brussels

10 Downing street: Another desperate attempt to unite Britain on Brexit

Humanitarian Aid: EU allocates €55 million in Sudan

UN report sheds light on ‘unimaginable horrors’ faced by migrants and refugees in Libya, and beyond

Biblioburro: The amazing donkey libraries of Colombia

These floating homes could protect people from flooding as sea levels rise

Nigeria: Top UN officials say more support needed to ease humanitarian crisis and rebuild lives in conflict-ravaged north-east

Trump’s blasting win causes uncertainty and turbulence to the global financial markets

Malaysia can show the way towards a holistic model for human rights

Have we reached peak smartphone?

JADE Handover Ceremony at the European Parliement

This start-up is 3D-printing an entire neighbourhood in Mexico

The mental health of health professionals: is it worth it?

Trade, entrepreneurship and the future of ASEAN’s economy

Coronavirus: Pandemic alert should be trigger for countries to do more against COVID-19

European Youth Forum on Summit on Jobs and Growth

Service and Sacrifice: Guinean peacekeepers make their mark in Mali

These are the world’s best universities for recycling and sustainability

Yemen blast kills 14 children, leaves others fighting for their lives in Sana’a

Almost there: Equal healthcare for LGBTQI+

Spring 2020 Economic Forecast: A deep and uneven recession, an uncertain recovery

Ebola: EU provides an additional €30 million to tackle the outbreak in the Democratic Republic of Congo

Japan’s workforce will be 20% smaller by 2040

Mali: Presidential elections critical to consolidate democracy, says UN peacekeeping chief

Gender is where the feminist and LGBTI movements meet. Here’s why

Who should pay for workers to be reskilled?

Global economy: ‘we must do everything possible’ to avoid global ‘fracture’ caused by US-China tensions, urges Guterres

Trump reshapes the Middle East at the expenses of Europe

European Youth Forum warns of a Peter Pan generation as a result of financial crisis and response to it

What does the world really think about the UN Sustainable Development Goals?

5 ways blockchain can transform the world of impact investing

24 new European Universities reinforce the European Education Area

Siemens-Alstom merger: Will the EC succumb to Franco-German pressures for the sake of May’s EU Elections?

UN evaluates progress in improving peacekeeping performance

This graphene battery can recharge itself to provide unlimited clean energy

Doctors vs. Industry 4.0: who will win?

COVID-19 and German constitutional court decision top meeting with ECB’s Lagarde

Tanzania’s Dual Burden

Waste-free consumption: 3 reasons why cities will lead

More Stings?

Advertising

Speak your Mind Here

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s