Blog di discussione su problemi di relazioni e politica internazionale; un osservatorio per capire la direzione del mondo. Blog for discussion on problems of relations and international politics; an observatory to understand the direction of the world.
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mercoledì 22 novembre 2017
The German political crisis is affecting Europe
The
German political crisis will have unavoidable repercussions in Europe,
whatever the solution will be in Berlin, except perhaps a re-issue of
the great coalition, which is, however, essential to the socialists, at
present unavailable. The
central issue remains Angela Merkel's future, but by now the Chancellor
alone does not seem to secure that stability to which the German
country has been accustomed for years. The post-election stasis has a very uncertain situation, where there is always the threat of new elections. For Brussels, the scenarios that open are basically three. In
the first case, the rigorous party has the best and for the Union means
revising the financial expansion policies and returning to the tunnel
of the recession; politically
this would mean an increase in the liking of parties and movements
against Europe, which could put the European project at a high risk for a
total crisis of confidence in the social classes because of the
policies that Brussels would have to impose on national states . The second possible option is contrary to the first but less likely; in
this case, they would have the best power in Germany as well, which
would be contrary to rigor, and this could favor a continental phase
marked by economic expansion, with possible reflections on inflation,
which could have increased values. This
scenario is strongly opposed by the finance, credit and industry
sectors of Germany and could only be sustained with Merkel as guarantor.
The
third scenario resembles the recent German political past: contemplate,
that is, the possibility of recreating the great coalition. At this time the hypothesis is less likely because the Socialists have refused this possibility since the election campaign; however,
if you want to avoid new elections, with totally unexpected results
now, this option could help to avoid a dangerous policy derailment on
the right and, above all, to pursue a shy, financial policy in the
European field that can continue the trend of current growth. Avoiding
new elections could also overwhelm the possibility of a Merkel defeat,
which would lead to the exit from the political scene. Certainly
there is also the possibility that the polls' reaction, with new
elections, reverses the former result of the Socialist Party and
decreases its victory, but running such a risk would be irresponsible. Regardless
of how disappointed it may have been for Merkel, with its sometimes
obscured fiscal stiffness that has contracted European economies (except
German), it is also true that without its mediation the current monetary policy, which reversed, though not much, the trend of recession. For
Europe it is important not to change this direction of development not
only for obvious reasons for growth, but also for political, economic,
and economic reasons. The
challenges the Union faces require a unity of intent, which must not
undergo any alterations, and hence the fragile equilibrium on which the
major states are based must not be compromised. The
intentions of creating a common European defense, a common euro area
budget, an overall migration policy, collaboration against terrorism and
sustainable development (which is part of the fight against pollution)
have become the themes now essential to respond to world challenges and globalization, towards which Europe is still lagging behind. The
current problem is that if the mainstream state, Germany, is blocked by
an uncertain electoral outcome, the situation inevitably reflects on
the European institutions and the other twenty-six countries as well. This
practical example clearly tells us that national states should decrease
their importance in the Union through the sale of substantial quotas
for sovereignty, but for a Europe that is actually serving the peoples
and the community, and not as the common sense only sends us to the big financial institutions. In
the end, in spite of everything, at least at this stage, Merkel's
presence is still a great guarantee and not just the least worse
(although we would need much better).
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