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Electronico6
Feb 25, 2011

YF-23 posted:


He's trying. I don't think he'll make it but he's trying. :smith:

Renzi should grow a pair and remember he represents a G7 nation already.

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Electronico6
Feb 25, 2011

Lawman 0 posted:

What's going on with Spain ATM?

No solution was found to form government, so new elections in June. Expect nothing new from the elections in June, unless something really shifts.

PP is super corrupt and every day that passes more scandals involving high party members come out, Rajoy political image is all burned up and finding a new leader and candidate for PM is not going to be pretty.

PSOE can't enter in a coalition with PP or they will lose the support of much of it's base, as well any syndicates/unions and labour movements that still hang on to PSOE.

C is a party where old PP faces are finding refuge from the storm, however the entire party was built on "We're not PP", so it can't be seen getting comfortable with PP right now or much of the good will it has managed to collect with whatever remains of Spanish middle class will evaporate, not to mention that whatever business and media barons who have invested highly in the party don't want to see it dragged into the spiralling poo poo hole that is PP.

Podemos held to it's beliefs, obviously it will never be part of a government with PP, but it's asking a big price from PSOE and the rest, mainly a referendum on Catalonia independence.

Regional parties will all be pulling for their own and the bigger the mess in Madrid the better they look. In the case of Catalonia, the noise from Madrid is making the Pro-Independente Catalan folk look positively competent and not complete flops who almost bungled the job a couple of months ago.

Electronico6
Feb 25, 2011

Pochoclo posted:

Can eurogoons tell me if Brexit is gonna happen or not? Because I'm moving to London to work next month and it would really suck.

I got some bad news for you, London is an expensive shithole, and you should rethink your professional choices if you value your health and wallet.





Also yeah the UK is totalling leaving the EU.

Electronico6
Feb 25, 2011

GaussianCopula posted:

Spain has working agreements with the North African countries they are near to, to prevent this kind of stuff from happening. Additionally they have high walls that are adequately protected in their North African enclaves.

Those walls are actually fences that get scaled constantly, even after the unending upgrades of barbed wire at the top of the fences and the gap between them being filled with all kind of wired poo poo.

The way Spain controlled it's immigration problems from North Africa was have a big cry at the EU until this one gave it a massive blank cheque so Spain could buy all kinds of cool toys to guard and patrol the sea route and the Canaries. Of course this was back in 2007-8, pretty much the high point of the Spanish route migration, and when there was money to throw around still. It's hard not to get caught trying to cross the sea passage, and the other route, the Canaries is often too risky and you can get lost easily.

Also Spain's deal is with Morocco, where Moroccan nationals caught trying to cross the border are deported immediately, Spain has no such agreements with the most of Western Africa which where most of the people are coming from, not Morocco. Those who get caught are sent to refugee/immigration centres in Ceuta and Melila where they rot waiting for visas and work permits, in prison like conditions.

Electronico6
Feb 25, 2011

ComradeKane posted:

So they actively enforce their borders, have agreements upstream, and restrict the distribution of visas?
Can Italy and Greece do the same, then? (I've heard that the EU is working on solving the Libyan govt disfunction in order to reach some sort of migrant deal with them.)
Is it too cost-prohibitive? How much funding did Spain receive from the EU? More than the 6 billion euros Turkey is now getting to help?

It's hard to say how much money has Spain(and Morocco) got, but up until 2013 Spain was the largest recipient of the External Border Fund that started in 2007. But that was a 2 billion Euro fund spread out to a bunch of countries, of which Spain got the biggest cut, so nowhere close to what Turkey is getting. Then again Spain wasn't blackmailing the EU over these issues.

The Spanish migration route at it's peak wasn't close to the numbers of people Greece and Italy have been seeing since Libya and Syria/Iraq went to poo poo. Spain also has a much smaller border to patrol compared to the insane coastline and islands Greece has, and the amount of sea Italy has to patrol, and of course Morocco isn't a fail state and it gets rewards for cooperation with Spanish/EU officials.

It also helps Spain that it's pretty far away from all the mess in Middle East, and the journey from several western African countries is quite the long one and very expensive, and in the end if your choices are: 1) Getting caught by Moroccan police/army and get dragged back into the desert 2)Manage to cross into Ceuta/Melila and wait forever to be processed.

Basically Spain never did nor does deal with half the poo poo Italy/Greece have had to.

Electronico6
Feb 25, 2011

ChainsawCharlie posted:


This was, of course, seen as kinda controversial, so they decided to postpone any decision after the Spanish elections:


This is a really good plan by the Commission, cause there's probably going to be no government coming out out of those elections, so they can just delay to the next Spanish elections, forever and ever.

Electronico6
Feb 25, 2011

Ligur posted:

Yep, exactly so, but about the bolded part... Why? How? The markets will go :supaburn: for a week or a month but will right themselves. Switzerland and Norway are doing just fine.


Norway and Switzerland access to the common market is predicated on accepting free movement of people, something that is about to end for Switzerland since their referendum on EU immigrants. Meanwhile Switzerland and Norway, especially Norway, still have to eat pretty much all the same bureaucracy and regulations the EU comes up and they have absolute zero say on this. Norway also pays heavy coin into European Union common funds.

All of this is what Brexit is about, and if the UK takes a Norway style deal, the situation will be exactly the same except they will lose all their special bonus and will have zero say on how straight UK bananas will be, and considering the message of leave is "take back control" BoJo will have a lot to explain when he presents an even worse deal then they had before.

It would also take a better part of a decade for the UK to manage to reestablish trade agreements with all kind of states and entities after, a minimum 2 year process of leaving the EU. And for that it would also rely on the UK having any kind of political stability post-Brexit, considering the governing Tory party is going to blow up regardless of the result, Labour seems to want to have no part in this business, and there being a clear dividing line of opinion regarding the EU within the states of the Kingdom(Mainly Scotland which seems overwhelming Remain), there is no reason to believe that the political class in the UK will manage to establish any kind of meaningful dialog with the EU, USA, and China to talk trade. Also one only needs to look at what kind of clowns the Leave side is being run by, to see that the whole thing would flame out before the year closes.

Regardless it's not in the interest of Germany and France to have the UK leave and then get sweet deals. It will hurt in the short time, and less cars will be sold, but the Germans and the French have much invested in this EU business, and they are going to make the UK pay every single day, until it comes crawling back to the EU, and then the British are going to eat the Euro, no special privileges, all of the Schengen area, and every Polish citizen will get free plane tickets to England for the next 100 years.

Electronico6
Feb 25, 2011

Ligur posted:


The political class and the business class are not the same thing. The business class doesn't give a poo poo about what the politicians say when dreaming utopias, they will make commerce work anyway to put it very bluntly, unless the political class simply outlaws them from doing so, but UK turning into North Korea will not happen, ever, EU or not.

You are aware that your business class is the class that wants to remain in the EU right? Service, Finance, and banking will be the first to jump ship should Leave win and these three sectors are essentially the UK's economy. And the state of the political class matters most, probably matters the most, one should look to Brazil to see the after effects of dumb and shameless political moves.

Electronico6
Feb 25, 2011

Tesseraction posted:

Your point about the three sectors is true, but the idea that the service sector will jump ship is ridiculous. Are you claiming that the supermarkets, hotels, cleaners, restaurants, etc. are going to somehow transplant themselves from their current physical locations?

Yeah the financial sector argument is valid but lol like the average Briton sees a penny of that.

I was mostly thinking in terms of tech, from everything involving dumb unicorn start-ups, but also in energy, health, e-commerce/finance/banking, but also for example distribution and shipping, a lot of Non-European countries(China), utilize the UK has an entry point to avoid customs in certain EU countries, but also for being cheap and having lax tax laws. Not to mention of course, London's most profitable enterprise, empty apartments for Russian money laundering.

But also has poo poo gets rough you would definitely see a lot of those restaurants, retail, and so on closing down.

Electronico6
Feb 25, 2011

Friendly Humour posted:

That's not really a reason though, and regardless the whole point was that the Troika abolished the working group the minute Varoufakis left office. Besides that, there's really no reason to assume he's lying. Unless of course you happen to hate the man, in which case I can't really help you.

Considering what the TROIKA and Germany are trying to pull on Portugal it doesn't sound really all that far fetched.

Electronico6
Feb 25, 2011

KoldPT posted:

If the sanctions go through I'll vote yes on a referendum to leave. And I'm the most pro-EU person I know!

Costa do pull a Cameron and to keep goverment going gives in to BE and PCP a proposes a simple in/out referendum.

Cumprir o V Império!

Electronico6
Feb 25, 2011

Shazback posted:

Germany was doing so well in the 1990s that they were called "the sick man of Europe"... I guess the first 40 years of the EU/EEC don't count?

Yes Germany in the 90's, I wonder what happened during it. A mystery I'm sure.

Electronico6
Feb 25, 2011

Zohar posted:

I think the idea that Europe's interventions have always been bad is a bit wrongheaded, in the Iraq War it was very clearly the US (and Britain) doing the stupid things and France and Germany saying the sensible things.

Spain and Portugal also peddled for the Iraq war, with Barroso and Aznar being the main faces of the build up to the war outside of Bush/Blair.

Electronico6
Feb 25, 2011

As a Portuguese I sympathise with the struggle of my Catalan and Basque brothers to be free of Spanish tyranny once and for all, and also as a Portuguese watching Spain burn down is Great. De Espanha nem bom vento nem bom casamento!

Electronico6
Feb 25, 2011

Dawncloack posted:


Man I have no idea about Portugal. Those sounds like plausible options but kill me if I know. That said, I seem to remember a Portugoon in the previous thread railing against the old families that own all the country so maybe things haven't changed that much.

All the old families were told to get the gently caress out back in the 70's, then Cavaco Silva let the all come back in the 80's/90's in the first wave of privatisations. That's how the Espírito Santo family got back in charge of the Banco Espírito Santo, cause you know they know better than the statehahhahhahahahhahahhahaa

But the military is not left wing, they just gone ya know. Nobody cares about them outside of parades. And the only connection young people have with the military is having to be forced to spend one day touring some military base when they hit 18. And let me tell you, 18 year old love spending a summer day touring a mouldy military base. There was also that one time a bunch of celebrities related to the military put an ad on the TV about saving the military college. What did the military college need to be saved from? Girls. (this was like 4 years ago)

Electronico6
Feb 25, 2011

Kassad posted:

I don't think he is. Her base distrust all "establishment" politicians and he's certainly no exception. No, I think what will really help him is that Hollande was supposed to be the lesser evil, uncharismatic but effective, but turned out to be poo poo.

Edit: Hollande literally pledged not to run again if he failed to lower unemployment. Well, the election's in a little over 6 months away and unemployment is at 10%.

Uh I think you'll find that in January 2016 unemployment was 10,2%, and last month was 9,9%, the lowest since January 2014(at 10,1%). So he's right on track it seems to secure nominations, and even reelection!

Electronico6
Feb 25, 2011

What a week for the EU, mars probes crashing and burning, hard brexits, trade deals going bunk due to some french dudes living in the half of a country made up by the English. poo poo is dire.

Electronico6
Feb 25, 2011

ChainsawCharlie posted:

I hope you guys are ready for a big push for military spending and the eu fast tracking the complete clusterfuck that will be the formation of a euro army,which will probably eat into the already dilapidated budget for social programs.also expect most parties to take the wrong lesson from this and double down on xenophobia instead of economic issues.I'm still laughing real hard though,darkest timeline funniest timeline.

I'm not really seeing many Euro countries ramping up military spending, when a lot of them barely keep up with the miserable NATO quotas. I can see France, Greece, Poland and the Baltic bloc be real happy about it, but lot of countries in Europe aren't really willing to go with it. With military spending increase, not an Euro army.

I can see a lot of them being happy with a general Euro army, if it means they can rent out their crumbling bases and barracks for war games and poo poo.

Electronico6
Feb 25, 2011

throw to first drat IT posted:

Don't worry, France can't destroy EU if Italy does it first. (Google the url and click the link there if it throws you a paywall)

I feel I have been reading about this referendum with a similar news headline and body for almost a year now. loving Italians just get on with it already.

Electronico6
Feb 25, 2011

All this previous talk of the new Euro-left face and nobody mentioned PT Prime-Minister Antonio Costa, Professional Communist Charmer, who has managed to survive for a full year(and most likely next year too) in a minority government with a parliamentary agreement of Left Bloc and the Portuguese Communist Party. It's honestly one of the most incredible political balancing acts I have seen, considering all the bad blood surrounding these three parties, and that it has survived to pass a second budget without any major issues along the way is mind blowing.

He even got some hardcore communists talking nice about a PS dude.

Electronico6
Feb 25, 2011

Look guys if Austria can properly patrol it's 300 km land border with Hungary, then Greece and Italy should be able to cover their respectively 500 thousand km of territorial waters too.

Electronico6
Feb 25, 2011

Raspberry Jam It In Me posted:

:confused:

We've had the third year in a row of steady growth and shrinking unemployment

I mean, there are some outliner countries doing badly and you can argue about how good the recovery actually is, but it's still a recovery

It's an economic recovery for the usual suspects. For most people wages are still dead while costs of living have never stopped increasing, while more jobs are starting to show up most of them are low paying with no real career progress or flat out precarious, and youth unemployment still remains pretty high.

Talking about growth and recovery, because the numbers show it's recovering and growing, it's how you get Trump, Brexit and most likely Le Pen, because for your average dude on the street, there's gently caress all happening to them, other than more of the same poo poo. Bad jobs, bad pay, bad everything.

Electronico6
Feb 25, 2011

A Buttery Pastry posted:

Parliamentary sovereignty extends to the EU parliament?

The last humiliation before getting out of the door, have the UK EMP's voting themselves out of a job.

Electronico6
Feb 25, 2011

Pinch Me Im Meming posted:

What happened to the idea of Portugal's Old Big Chief becoming the Khan of the EU?

What?


MeLKoR posted:

Oh no, trust me, we get the same bullshit "center left" as everyone else, the difference I think comes from the fact that in Spain and Portugal the last fascist dictatorship is still within living memory, but even that added resistance will be overcome if things don't change. Fortunately the last election that forced the "center left" party to ally with the communists has given Portugal a breather but this is a one time thing only made possible by a combination of austerity saturation with a weakened "socialist" party.

It was also made possible cause Costa was watching his political career come to a terminal end in that night, but he really wanted to be PM and send all those PS nutters like Assis and Beleza back to the gremlin caves they came from. The man worked his whole life to that moment, to become PM of Portugal, and he was not going to be denied by nonsense poo poo like "coming in second on election night" and a 40 year old grudge with the Communist Party.

Electronico6
Feb 25, 2011

orange sky posted:

Only guy that'd fit for me would be António Guterres, no one else comes to mind. But yeah he's already got other stuff on his mind like doing damage control on a man baby in the US.

Barroso aided the invasion of Iraq, and worst of all, abandoned Portugal and left it at the mercy of the human sleaze that is Santana Lopes. Whatever poo poo Guterres was up to in his time doesn't even begin to compare to the poo poo Zé Manel Barroso pulled.

Electronico6
Feb 25, 2011

you feelin fucky posted:

just a reminder that our pm is a 49 yo single man living with his mother

loving millennials man

Electronico6
Feb 25, 2011

orange sky posted:

Yeah one of our old PMs is accused of getting bribes in a total of like 30M €. So it's not like there's a problem with them having lunch all day at the Ritz on the expense of the taxpayer (they do), the problem is much more ingrained in our society.

An example - when the leader of the main social institute (Santa Casa da Misericórdia) was asked "OK, you heard about illegalities in some contracts, favoring always the same companies. Did you report it to the compentent authorities?" he answered "Oh, I don't like doing that, I'm not a snitch."

This is actually a headline, this happened.

http://www.sabado.pt/portugal/detalhe/santana_lopes_nao_gosto_de_enviar_nada_para_o_diap_porque_nao_sou_bufo.html

Guess what, no one gave a poo poo 'cause we're all so corrupt. Thing is, we're only corrupt because we can. If the laws change, culture changes. No one seems to understand that and we continue on with the whole "rich defense brigade" poo poo we always did because hey, we might be rich as well some day! Don't wanna gently caress it up for ourselves do we?

Hey look at that

Electronico6 posted:

the human sleaze that is Santana Lopes.

Santana is loving trash. Proper trash. He is also a former football club president which makes him an even bigger crook than the rest.(triple so, as that club was Sporting)

Electronico6
Feb 25, 2011

Raspberry Jam It In Me posted:

Thanks for your effort post.

Could countries like Italy and Portugal have continued to borrow at their 2008 debt:GDP ratios, even if they had never joined the Eurozone? At some point the increasing interest rates would have made spending cuts/austerity necessary anyway, right? I mean, I assume their external debt is/was in hard currencies and the ability to devalue their own currency wouldn't have helped them in that situation?

How important is the Stability Pact right now? It wasn't really enforced before 2008, has this changed now or are national governments just using it as a scapegoat? If it's enforced, how is it done?

There really wasn't anything special about Portugal's debt in 2008. Comparing it to Germany at the same time and there's very little that separate both, Italy on the other way was well on it's way.

http://www.tradingeconomics.com/portugal/government-debt-to-gdp
http://www.tradingeconomics.com/germany/government-debt-to-gdp
http://www.tradingeconomics.com/italy/government-debt-to-gdp

The real issue in Portugal(and remains) was it's banking sector which began proper meltdown late 2009 and revealing glaring deficiencies in Portugal's larger economy, then you have TROIKA stepping in 2011 with the bail out and yeah.

This is just another problem that affected the countries that got TROIKA(Greece, Ireland, Portugal) and the two that avoided the bail out due to their size(Spain and Italy). They were all considered to have the same disease, and all given the same poison, when reality was all countries suffered from different conditions but all the same cause, the loving Euro.

Electronico6
Feb 25, 2011

Reminder that Jean-Claude Juncker in an interview said that "the rules can't be applied blindly to everyone" when asked why France wasn't being hit with possible EU sanctions, like Portugal and Spain, over not being able to put it's budget in order with the Stability and Growth pacts and other Euro treaties. Later on it was discovered that France had agreements with the Commission and Council to be able to ignore such rules and treaties without penalties.

Much like everything else in life, the rules and the law only applies if you're poor, and dumb enough to believe in them.

Electronico6
Feb 25, 2011

ChainsawCharlie posted:

The hell?Ricardo Costa is a boring company man what made him go off the rails? He's too high profile to be on the ges payroll.my moneys on lourenco Coelho and the gaggle of cocksuckers at jornal economico.

He is a Sportinguista in a family of Benfiquistas, so of course he has issues.

(He is also totally the least favourite child. To his parents and the country at large.)

Electronico6 fucked around with this message at 10:28 on Feb 28, 2017

Electronico6
Feb 25, 2011

orange sky posted:

OK I keep telling everyone to come to Portugal but I should stop - Gentrification in Lisbon is going loving insane. gently caress golden visas. I've seen small 1 bedroom apartments for €375k.

Guys, please don't come here!

It's those loving hostels and airbnb poo poo. They're everywhere, and is probably going to get worse after Porto being winning "Best tourism city 2016" poo poo award and the Lisbon Ghandi getting his feelings hurt. More airports! More Hotels! More city taxes! Soon you'll go to easyjet and you'll just see Lisbon as an hotel, not an actual destination.

Electronico6
Feb 25, 2011

jBrereton posted:

It's probably mostly the non-EU rich being told "you can get citizenship if you buy 500,000E of housing stock", which is cheaper than the alternatives of creating and sustaining 10 jobs in an economy in recession or investing a million in capital.

The majority of Golden Visa applicants, mostly Chinese, are buying luxury housing in already up scale/high class parts of the citu. They splashing those half a million euros on expensive apartments, and mansions in the Algarve/Alentejo sea coast. The impact of the GV program on the housing market was that expensive property was finally moving after being dead weight since the crash.

What is happening in Lisbon is something else entirely, a lot of companies/corporations and super rich individuals pricing out people out of the centre and historic zones, so they can turn those houses into Hotels, Hostels and airbnb, to either get sweet tax breaks, or not pay property taxes at all.

But really unless you were some Portuguese nouveau riche rear end in a top hat, the coming of the Chinese via the GV didn't have much of an impact on your shopping list for a house in Lisbon. This isn't London.

Electronico6
Feb 25, 2011

orange sky posted:

Allow me to disagree. Sure, I'll attribute 60% of the blame to airbnb and stuff like that. But with the GV bullshit you have a reason to get a house to go 500k, even if it isn't worth that much, because the market really opens up at that level. That artificially inflates the market.

It's true, but the GV people aren't driving the market at all, especially in Lisbon. Because Lisbon holds no interest to them, and most of the property they buying is on the river side(parque das nações, belem) or outside of the city, and this is because Lisbon is not a property market like London.

Most of the rehabilitation in mass scale that is happening in Lisbon is not destined for housing, it's destined for tourism. All those projects renovating 40 to 60 apartments you often hear, are exclusively for tourism. Even if you're a Chinese dude with your golden visa scheme you'd find hard to find a nice luxury apartment in Lisbon these days. There is also a problem that the Chinese coming in from the GV aren't suckers and won't buy the first overpriced apartment they see, they are really tight on the money.

If you're seeking property in Lisbon, you are seeking to put it up on the tourist market, not the selling or renting market.

Electronico6
Feb 25, 2011

Junior G-man posted:

The only thing you should ever hold referenda on is moral issues; the death penalty, abortion, stuff like that. Because those are real issues that people can grapple with by themselves and come up with and answer they believe in.

Anything purely political, heinously complex (re: Brexit or the Ukraine association treaty) or to do with finances should not ever be put to a referendum.

Edit; LOL this is why I have GC on ignore - how is it possible that one human is that loving dumb and terrible?

You can very much make the case that abortion and death penalty shouldn't be put up for referendums precisely because of the extreme manner it often gets moralized.


Basically don't have referendums, they all bad.

Electronico6
Feb 25, 2011

OperaMouse posted:

The NATO charter says it is an alliance of democracies. One could argue that Turkey is sliding into a dictatorship. Don't know if that would be reason enough, but I say go for it.

Portugal was one of the original charter signers and was a literal fascist state with it's own mickey mouse concentration camp in 1949.

Electronico6
Feb 25, 2011

Pluskut Tukker posted:

Frankly I would like him to remain head of the eurogroup, if only to keep him away from my own country.


Wow what a display of Euro-solidarity here. Everybody has to do sacrifices in this economy friend.

Electronico6
Feb 25, 2011


So if Macron wins will all these socialists and LR refugees team up under his banner for the parliament elections?

Electronico6
Feb 25, 2011

idiot frecnhman posted:

But for Jean-Philippe Sacquepey, 57, Le Pen represented a much greater destiny for France. “This republic can’t last,” he says. “We must return to the monarchy.” For that, there was only one candidate. “The Le Pen family is descended from Joan of Arc,” Sacquepey insisted. “I voted for Marine – the heart of Joan of Arc still beats.”

France is special.

Electronico6
Feb 25, 2011

orange sky posted:

Ok Portugal is 100% definitely in a clusterfuck now.

PT, Portugal Telecom, Portugal's largest ISP, together with Telefonica, were the target of a ransomware attack that used a Microsoft vulnerability.

PT has data of A LOT of big companies in Portugal. It's encrypted. Some people have lost TV & Internet Service.

The pope is arriving in Fatima today.

And tomorrow... Tomorrow it's gonna be the main pope cerimony, it's the 100th anniversary of Mary showing herself to some kids here, and Benfica (that has 6.5M fans here) will probably win the championship.

It's gonna be a loving wildride, these couple of days.

Chaoooos!

You forgot the Eurovision final too!

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Electronico6
Feb 25, 2011

Portugal owns. Euro 2016. Eurovision 2017. Benfica 4 times champion. 1,7% GDP growth. Just the best.

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