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LemonDrizzle
Mar 28, 2012

neoliberal shithead

CSM posted:

Why the :psyduck:? It's still way too high.
Europe's deflationary problems have nothing to do with the ECB's base rate and even if they did, a 0.05% cut would do jack poo poo to help out.

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Junior G-man
Sep 15, 2004

Wrapped in a mystery, inside an enigma


LemonDrizzle posted:

And then we'll build a unified European military in which each division speaks a different language and uses different gear!

We were supposed to have a few unified European battalions already; basically quick reaction forces in case of emergencies or small-scale brushfires that we could quickly put out.

The story of those is loving hilarious. They never stood a loving chance against the might of the arms industry of the different EU countries. I have a friend who worked on trying to get these unstuck for a year, and basically it's 3x nowhere.

It's not as good as DG Market's attempt to make a common European market for arms sales - basically the French don't want anything that isn't French made, the Austrians want Austrian stuff etc etc. We have a couple of these behemoths like BAE, Dassault, Vickers and whoever those Swedish guys are competing for the smallest defence budgets (especially after the crisis) and basically being propped up by the Member States.

Junior G-man fucked around with this message at 09:08 on Sep 10, 2014

Electronico6
Feb 25, 2011

Carlos Moedas(Portugal) got the Investigation, Innovation and Science Commission. I want to see our ministers spin that poo poo as "A very important position on the decision making of Europe", like they were doing when the rumours pointed torwards the Jobs and Social Security brief. This is our reward for giving international politics the giant that is Zé Manel Barroso.

LemonDrizzle
Mar 28, 2012

neoliberal shithead
Giving the economic vice presidency to Finland is basically saying "full steam ahead on austerity", isn't it?

Junior G-man posted:

We have a couple of these behemoths like BAE, Dassault, Vickers and whoever those Swedish guys are competing for the smallest defence budgets (especially after the crisis) and basically being propped up by the Member States.
That's what you get when your competition regulations make it easy as hell to subsidize arms dealers and very hard to do it for other industries...

MiddleOne
Feb 17, 2011

LemonDrizzle posted:

Giving the economic vice presidency to Finland is basically saying "full steam ahead on austerity", isn't it?

We'll have to wish them good luck on that since big parts of their export economy will collapse if the conflict with Russia stays for long.

Sulphagnist
Oct 10, 2006

WARNING! INTRUDERS DETECTED

Yeah, the Ukrainian conflict might be where the austerity chickens come home to roost for Finland. FYGM is not such an appealing policy when your own economy is going down the toilet.

As a Finn, I'm torn between the desire to see Katainen (and most of the Finnish establishment, natch) eat crow and the dread of having to live in a dystopian hellscape.

YF-23
Feb 17, 2011

My god, it's full of cat!


Antti posted:

Yeah, the Ukrainian conflict might be where the austerity chickens come home to roost for Finland. FYGM is not such an appealing policy when your own economy is going down the toilet.

Even if Finland's economy goes to poo poo I don't see why that would stop neo-liberals from advocating austerity. They'd just have to advocate it in Finland this time. Now maybe the Finns in general won't like it, but if public opinion had an effect on enacting neoliberal austeritarian policies we'd never have had to deal with this poo poo in the first place.

KoldPT
Oct 9, 2012

Electronico6 posted:

Carlos Moedas(Portugal) got the Investigation, Innovation and Science Commission. I want to see our ministers spin that poo poo as "A very important position on the decision making of Europe", like they were doing when the rumours pointed torwards the Jobs and Social Security brief. This is our reward for giving international politics the giant that is Zé Manel Barroso.

That's not nearly as funny as a guy who helped destroy social security and jobs getting to do that in yurop :sigh:

lokicubed
May 14, 2009
http://europa.eu/rapid/press-release_IP-14-984_en.htm

http://ec.europa.eu/about/juncker-commission/structure/index_en.htm - New Structure in project teams.

And the results are in - and look nothing like the leak last week.

lokicubed fucked around with this message at 11:29 on Sep 10, 2014

YF-23
Feb 17, 2011

My god, it's full of cat!


lokicubed posted:

http://europa.eu/rapid/press-release_IP-14-984_en.htm

And the results are in - and look nothing like the leak last week.

This part at least is the same:

quote:

As the President-elect announced in this speech before the European Parliament on 15 July, he has also created a Commissioner specifically for Migration (under Dimitris Avramopoulos) to prioritise a new policy on migration that will robustly tackle irregular migration, whilst at the same time making Europe an attractive destination for top talent.

Reminder that Greece has built literal concentration camps"hospitality centres" to herdhouse illegal immigrants in awaiting deportation. And also had a bunch of accidents(?) with immigrant boats trying to cross the Aegean into Greece resulting in numerous people drowning, the coast guard highly suspected of either causing them or not helping.

Junior G-man
Sep 15, 2004

Wrapped in a mystery, inside an enigma


Oh my God they put the UK in charge of financial regulation. An old school UK Tory as the head regulator. We're all doomed.

Good to see that the Belgians still managed to get hosed though.

Who the gently caress put Malta in charge of Environment and Fisheries :confused: At least we get Hogan for agriculture, he should be alright, but he's gonna have to pick up the pieces from the crap Ciolos reform.

LemonDrizzle
Mar 28, 2012

neoliberal shithead

Junior G-man posted:

Oh my God they put the UK in charge of financial regulation. An old school UK Tory as the head regulator. We're all doomed.

But on the plus side we can get rid of all that nonsense about capping bankers' bonuses and take over Europe's financial services sector entirely, so there's that.

Peggotty
May 9, 2014

YF-23 posted:

This part at least is the same:


Reminder that Greece has built literal concentration camps"hospitality centres" to herdhouse illegal immigrants in awaiting deportation. And also had a bunch of accidents(?) with immigrant boats trying to cross the Aegean into Greece resulting in numerous people drowning, the coast guard highly suspected of either causing them or not helping.

I don't think the EU, as a whole, considers that a bad thing.

Junior G-man
Sep 15, 2004

Wrapped in a mystery, inside an enigma


LemonDrizzle posted:

But on the plus side we can get rid of all that nonsense about capping bankers' bonuses and take over Europe's financial services sector entirely, so there's that.

Hahaha, they already got around that by increasing the 'monthly allowance' instead. Some UK firms just doubled the amount you're allowed to spend on the company dime per month, so it was all functionally useless:

quote:

The EU imposed controls on banker bonuses, blamed for encouraging risk-taking by staff whose year-end haul was linked to their revenue-generating record, after taxpayers were forced to shore up lenders whose shaky finances were suddenly exposed in the financial crisis of 2007-2009.

The controls limit payouts to the equivalent of an employee's fixed salary, or twice that amount, with shareholder approval.

On Sunday (7 September) Barnier asked the EU's banking watchdog, the European Banking Authority (EBA), to wrap up by the end of September its probe into whether quarterly and monthly role-based allowances being paid by banks such as HSBC, Barclays, Citi should be allowed under the bonus cap rule.

But banks insist allowances are part of fixed pay, and reject accusations from some European Union lawmakers, and pundits, that they are simply stealth bonus payments.

"Ultimately we think that decisions about pay is a matter for shareholders and not politicians," the British Bankers' Association said on Monday (8 September).

Junior G-man
Sep 15, 2004

Wrapped in a mystery, inside an enigma


Here's a decent summary of the changes for the new Commission:

quote:

-- The main changes in the new Commission --

- Seven vice-presidents, each leading a project team -
Each vice-president will be coordinating the work of a number of commissioners that will change according to the subject.

- First vice-president -
He will be the right-hand of the president. The vice-president will also be in charge of a better regulation agenda, meaning that before the commission proposes new legislation, he will thoroughly analyse if such legislation is really needed.

- Internal market, industry, entrepreneurship and SME portfolio -
It is the first time "SME" are mentioned in a commissioner title. The portfolio is considered the engine house of the real economy.

- Economic and financial affairs, taxation and customs -
A merge of the two is meant to ensure a smooth functioning of the overall economic governance framework.

- Consumer portfolio -
A new portfolio has been created and is no longer spread over different other portfolios.

- Migration -
A new commissioner for migration has been created to ensure the area gets the necessary attention.

- Environment and maritime affairs and fisheries -
These two areas have been combined.

- Energy and Climate action -
Previously these two portfolios have been separate but under the new commission it will be the responsibility of one commissioner, with oversight from a vice-president.

- European neighbourhood policy and enlargement negotiations -
It is clear from the title of the portfolio that the EU will not see any enlargement happening in the next five years. Negotiations however with candidate countries will continue.

- Financial stability, financial services and capital markets union -
All these areas are put together to focus the existing expertise and responsibility in one place, according to the commission.

The vice-presidents will lead project teams, according to the new President-elect it will ensure a dynamic interaction of all members of the team and it will avoid having a static structure.

Vice-presidents and commissioners will be mutually dependent.

What are the project teams?

1. A new boost for jobs, growth and investment (led by Jyrki Katainen)
2. A digital single market (led by Andrus Ansip)
3. A resilient energy union with a forward-looking climate change policy (led by Alenka Bratusek)
4. A deeper and fairer economic and monetary union (led by Valdis Dumbrovskis)
5. Better regulation, inter-institutional relations, the rule of law and the charter of fundamental rights (led by the first vice-president Frans Timmermans)
6. Budget and human resources (Kristalina Georgeva)
7. High representative of the union for foreign affairs and security policy (Federica Mogherini)

LemonDrizzle
Mar 28, 2012

neoliberal shithead

quote:

1. A new boost for jobs, growth and investment (led by Jyrki Katainen)
4. A deeper and fairer economic and monetary union (led by Valdis Dumbrovskis)
Two asuterity hawks in charge of monetary union, jobs, and growth? What could possibly go wrong?

RIP PIIGS, RIP France, RIP Italy

Mans
Sep 14, 2011

by Jeffrey of YOSPOS

Electronico6 posted:


I been listening to this "boost (...) private investment" line for these last three years, and gently caress all has happened.
We've got some kickin' rad Tuk Tuks running around in Lisbon, those weren't around during the PS barbarian age!

We also have a whole ocean of call center companies and under-the-table work in Chinese stores. That's all private investment man.

Só năo trabalha quem năo quer :smug:

double nine
Aug 8, 2013

Short-ish (5 mins) interview with Junker. I'm too fatigued to have an opinion at the moment.



http://deredactie.be/cm/vrtnieuws/videozone/nieuws/buitenland/1.2083633

Focus: belgian commissioner, difference with barrosso, small-ish discussion of austerity (implied anyway).

LemonDrizzle
Mar 28, 2012

neoliberal shithead
The grauniad has an interesting take on Juncker's appointments: he's basically saying "if you have a problem with [thing], fix it" to Europe's loudest whiners. France moans about wanting the regulations on budget deficits relaxed and its troubles with hitting the 3% ceiling, so their commissioner is put in charge of economic and monetary policy; Hungary is run by neo-fascists who want to create an "illiberal" society so they get put in charge of human rights; Greece complains that migrants use it as an entry point for the rest of the EU and other member states don't share the burden so it gets put in charge of migration and justice; the Dutch complain about EU overreach and the failure to delegate decision-making to the national governments so they get put in charge of subsidiarity; and the UK has had running battles with Brussels for years over regulation of the financial services sector so it gets put in charge of the continent's banks.

http://www.theguardian.com/world/2014/sep/10/european-commissioners-jean-claude-juncker-bluffs

double nine
Aug 8, 2013

LemonDrizzle posted:

The grauniad has an interesting take on Juncker's appointments: he's basically saying "if you have a problem with [thing], fix it" to Europe's loudest whiners. France moans about wanting the regulations on budget deficits relaxed and its troubles with hitting the 3% ceiling, so their commissioner is put in charge of economic and monetary policy; Hungary is run by neo-fascists who want to create an "illiberal" society so they get put in charge of human rights; Greece complains that migrants use it as an entry point for the rest of the EU and other member states don't share the burden so it gets put in charge of migration and justice; the Dutch complain about EU overreach and the failure to delegate decision-making to the national governments so they get put in charge of subsidiarity; and the UK has had running battles with Brussels for years over regulation of the financial services sector so it gets put in charge of the continent's banks.

http://www.theguardian.com/world/2014/sep/10/european-commissioners-jean-claude-juncker-bluffs

Holy poo poo. Now: do poachers make for good foresters?

Pesmerga
Aug 1, 2005

So nice to eat you

LemonDrizzle posted:

The grauniad has an interesting take on Juncker's appointments: he's basically saying "if you have a problem with [thing], fix it" to Europe's loudest whiners. France moans about wanting the regulations on budget deficits relaxed and its troubles with hitting the 3% ceiling, so their commissioner is put in charge of economic and monetary policy; Hungary is run by neo-fascists who want to create an "illiberal" society so they get put in charge of human rights; Greece complains that migrants use it as an entry point for the rest of the EU and other member states don't share the burden so it gets put in charge of migration and justice; the Dutch complain about EU overreach and the failure to delegate decision-making to the national governments so they get put in charge of subsidiarity; and the UK has had running battles with Brussels for years over regulation of the financial services sector so it gets put in charge of the continent's banks.

http://www.theguardian.com/world/2014/sep/10/european-commissioners-jean-claude-juncker-bluffs

Luddites complain about new-dangled steam technology, put in charge of technological development.

Or, maybe we could go with South Africa has mild problem with black people, put in charge if equality.

Orange Devil
Oct 1, 2010

Wullie's reign cannae smother the flames o' equality!
Clearly Juncker is an accelerationist and has decided to run the EU into the ground.

Nektu
Jul 4, 2007

FUKKEN FUUUUUUCK
Cybernetic Crumb

Orange Devil posted:

Clearly Juncker is an accelerationist and has decided to run the EU into the ground.
Or he just likes poetic justice (aka trolling).

I guess the real question is, what part will turn out to be more powerful: the existing bruesselist system with its inherit drive for stability according to its internal rules, or the people that are now filling its holes (even if they are important holes) with their intensions of running that poo poo into the ground.


Edit: vvv Exactly

Nektu fucked around with this message at 06:32 on Sep 11, 2014

Torrannor
Apr 27, 2013

---FAGNER---
TEAM-MATE
I would bet on the bureaucracy every time.

Sulphagnist
Oct 10, 2006

WARNING! INTRUDERS DETECTED

YF-23 posted:

Even if Finland's economy goes to poo poo I don't see why that would stop neo-liberals from advocating austerity. They'd just have to advocate it in Finland this time. Now maybe the Finns in general won't like it, but if public opinion had an effect on enacting neoliberal austeritarian policies we'd never have had to deal with this poo poo in the first place.

Oh I'm not saying it'd have any bearing on what would actually happen, but I would look forward to all the FYGM people (and there are a lot of them in Finland all across the spectrum) getting hosed over by the tit-for-tat.

MiddleOne
Feb 17, 2011

As long as austerity is still kicking god won't truly be dead. It's the religion of the new age.

Junior G-man
Sep 15, 2004

Wrapped in a mystery, inside an enigma


Hearings for the Commissioners-designate have started in the European Parliament, you can check out the action here:

https://www.europarl.europa.eu/hearings/

Among the highlights today was the new Environment Commissioner not so much promising to deliver on the Environment, but to 'simplify rules'.

By the way, he reports to the EC Vice-President for jobs and economic growth, and nothing in that guy's job description says poo poo about the environment.

LemonDrizzle
Mar 28, 2012

neoliberal shithead
So what's to be made of Germany finally making good on their threat to tear Ireland's economy up by the roots and turn the country back into a glorified potato plantation?

http://www.ft.com/cms/s/0/ae979ad0-4708-11e4-8c50-00144feab7de.html#axzz3Ema8wh2Y

quote:

Apple will be accused of prospering from illegal tax deals with the Irish government for more than two decades when Brussels this week unveils details of a probe that could leave the iPhone maker with a record fine of as much as several billions of euros.
Preliminary findings from the European Commission’s investigation into Apple’s tax affairs in Ireland, where it has had a rate of less than 2 per cent, claim the Silicon Valley company benefited from illicit state aid after striking backroom deals with Ireland’s authorities, according to people involved in the case.

Are we likely to see further attempts to enforce corporation tax harmonization within the eurozone?

MiddleOne
Feb 17, 2011

LemonDrizzle posted:

Are we likely to see further attempts to enforce corporation tax harmonization within the eurozone?

I sure hope not. Ireland is having it hard enough without the server farms and call-centers moving out.

Nektu
Jul 4, 2007

FUKKEN FUUUUUUCK
Cybernetic Crumb

LemonDrizzle posted:

So what's to be made of Germany finally making good on their threat to tear Ireland's economy up by the roots and turn the country back into a glorified potato plantation?
:allears:

Isn't that more of a (probably useless) attempt to better ones position when negotiating tax rates with the big players?

But eh, divide and conquer, right? Put those fools against each other and watch while they fall other each other in their urge to undercut and sell themselves out cheap.



(Yea, it will totally work, we are hosed)

Cat Mattress
Jul 14, 2012

by Cyrano4747

LemonDrizzle posted:

Are we likely to see further attempts to enforce corporation tax harmonization within the eurozone?

Who's the EU boss currently? Jean-Claude Juncker? The guy from Luxembourg?

Oh yeah sure I expect a lot will be done to fight against tax havens, hahahahahah.

LemonDrizzle
Mar 28, 2012

neoliberal shithead

Cat Mattress posted:

Who's the EU boss currently? Jean-Claude Juncker? The guy from Luxembourg?

Oh yeah sure I expect a lot will be done to fight against tax havens, hahahahahah.

Funnily enough, Luxembourg is on the chopping block as well - their dealings with Fiat are under similar scrutiny to Apple's in Ireland and while Juncker may want to protect his homeland, both France and Germany are deeply pissed off by smaller countries trying to play beggar thy neighbour with corporation tax and essentially colluding with multinationals to rob the rest of Europe.

e: the Commission's preliminary decision on the Apple investigation has been released: http://ec.europa.eu/competition/state_aid/cases/253200/253200_1582634_87_2.pdf

Looks like Apple and Ireland are hosed - the Commission has minutes from two meetings between Apple and Irish representatives in which they explicitly describe engineering Apple's tax margins and link them to investment and new jobs.

LemonDrizzle fucked around with this message at 12:58 on Sep 30, 2014

Nektu
Jul 4, 2007

FUKKEN FUUUUUUCK
Cybernetic Crumb

LemonDrizzle posted:

Funnily enough, Luxembourg is on the chopping block as well - their dealings with Fiat are under similar scrutiny to Apple's in Ireland and while Juncker may want to protect his homeland, both France and Germany are deeply pissed off by smaller countries trying to play beggar thy neighbour with corporation tax and essentially colluding with multinationals to rob the rest of Europe.
And for good reason. Wasn't that one of the original plans for the EU? To form a block thats powerful enough to not get bend over by each big multinational in turn?

Of course that won't work because they managed to ruin half of europe before achieving that and have no idea how to get out of that. Beggars can't be choosers....

Electronico6
Feb 25, 2011

Nektu posted:

And for good reason. Wasn't that one of the original plans for the EU? To form a block thats powerful enough to not get bend over by each big multinational in turn?


The EU will get right on that, just after it signs TTIP with the US and after most of Europe governments privatized their public services to Chinese and Russian corporations.

Libluini
May 18, 2012

I gravitated towards the Greens, eventually even joining the party itself.

The Linke is a party I grudgingly accept exists, but I've learned enough about DDR-history I can't bring myself to trust a party that was once the SED, a party leading the corrupt state apparatus ...
Grimey Drawer

Electronico6 posted:

The EU will get right on that, just after it signs TTIP with the US and after most of Europe governments privatized their public services to Chinese and Russian corporations.

Chinese maybe, not Russian considering the way we're going.

Electronico6
Feb 25, 2011

Libluini posted:

Chinese maybe, not Russian considering the way we're going.

If it wasn't for the US, the EU would have dropped the matter ages ago.

Nektu
Jul 4, 2007

FUKKEN FUUUUUUCK
Cybernetic Crumb

Electronico6 posted:

The EU will get right on that, just after it signs TTIP with the US and after most of Europe governments privatized their public services to Chinese and Russian corporations.
Heh.

I would be really interested to know if that poo poo is "just" ideologically motivated, or wether the people in power basically see that fight as a lost cause and follow the logic that its better to be the valued house-slave instead of one of the farmhands that die by the dozen each month.

Cat Mattress
Jul 14, 2012

by Cyrano4747

Nektu posted:

I would be really interested to know if that poo poo is "just" ideologically motivated, or wether the people in power basically see that fight as a lost cause and follow the logic that its better to be the valued house-slave instead of one of the farmhands that die by the dozen each month.

It's 100% ideologically motivated. With a population of over half a billion and a GDP of nearly $20 trillions, two independent nuclear powers and two permanent seats at the UNSC, over 50 000 patents per year, densely-developed infrastructure, worker productivity among the highest in the world, etc. Europe has the potential to be a powerhouse stronger than even the USA. But they prefer petty internecine squabbles and racing to the bottom.

willemw
Sep 30, 2006
very much so
It seems the hearings are not going very well! There's quite some fighting going on between the EPP and PES. For those of you paying attention: yes they both are part of the coalition.

Canete (ESP, EPP, Climate action and energy) refused to answer questions about his family's activities in the oil sector. He did say that he, his wife and his son have all sold their shares in "small oil companies". Also had to start his hearing with apologies for such gems as “Holding a debate with a woman is complicated, because showing intellectual superiority could be seen as sexist.”

Moscovici (FRA, PES, Economic and financial affairs, tax and customs) has failed as finance minister in France, according the EPP.

Navracsics (HUN, EPP, Education, culture, youth and citizenship) is Hungarian and a member of Fidesz. This is the EU thread, so you all know who Victor Orban is and why the affiliation might be a problem.

Hill (GB, ECR, Financial stability, financial services) could give no opinion on eurobonds, had trouble answering specific questions in detail.

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LemonDrizzle
Mar 28, 2012

neoliberal shithead

willemw posted:

Hill (GB, ECR, Financial stability, financial services) could give no opinion on eurobonds, had trouble answering specific questions in detail.
I don't see the problem here tbh. His role in that job is to ensure that meddling eurocrats keep their grubby little paws off Britain's financial services sector and banks, not to help you with that godawful abomination of a currency union you've seen fit to lumber yourselves with. Bloody continentals, I don't know.

:britain:

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