I suppose because I lived there as a child is one of the reasons why I pay attention to the movements in Germany. My recollection is that they were beautiful people. Back when, they were a well organized society, and peaceful, for the most part. <—- (recommended reading!)
But, it is also the case that Germany is probably the singular most important player in the Euro-zone. Without Germany, the Euro dies, and then, so too, does the EU. The Euro-zone is the second largest economy in the world, and if one was to combine it with the other members of the EU, but, not part of the Euro-zone, it may be the largest economy in the world. (I haven’t checked lately.) So, watching Germany is probably prudent for those of us who concern ourselves with world affairs and economics. So, there’s this ….
TEHRAN, Iran (AP) — Closer ties between Iran and Germany will help bridge the gap between Europe and the entire Middle East, Iran’s president said as Iran and Germany announced plans to hold their first joint economic conference in a decade, the official IRNA news agency reported on Monday.
Hassan Rouhani, who met visiting German Economy Minister Sigmar Gabriel, said he hopes Germany plays a “positive role” in improving relations between Iran and the EU, “as it played a positive role in nuclear talks.”
Gabriel is heading a delegation of representatives from German companies, one of the first overt signs of a thaw following a deal with world powers over the Islamic Republic’s nuclear program.
In response to Rouhani’s comments, he said, “I am sure the business community of Germany and the German government will take stronger steps in the way you indicated,” the report said. …….
There’s more to read at the link.
I believe the reason why there’s a body of water separating the mid-East from Europe was Divine intent. I also believe that more intimate relations with the mid-East has been demonstrated, over and over again, to be harmful to the West …. and the mid-East. It’s been said before that better fences make better neighbors.
But, speaking of Greece and Germany ……
BERLIN (AP) — Chancellor Angela Merkel on Sunday suggested that Germany would show flexibility in negotiating how Greece deals with its massive debt, but again ruled out writing off part of the money.
Speaking on ARD television’s Bericht aus Berlin program, Merkel said that “a classic haircut of 30, 40 percent of debt cannot happen in a currency union.”
But Merkel, who persuaded German lawmakers on Friday to give their overwhelming backing to another financial rescue package, suggested that she was open to discussing ways to lessen the burden on Athens.
She said, for example, Greece previously has been given more favorable interest rates, time extensions and other relief
“We can talk about such things again,” she said, but added such talks could only begin after details of Greece’s bailout program are finalized.
Though the broad outlines of the Greek bailout were agreed last Monday by the eurozone’s 19 leaders, the details are now being negotiated.
The discussions, which are expected to last four weeks, will include economic targets and reforms deemed necessary in return for an anticipated 85 billion euros ($93 billion) over three years.
Merkel pushed for them to move as quickly as possible, saying that it was important that “the country gets back on both feet quickly.”
Asked about Finance Minister Wolfgang Schaeuble’s suggestion last week that Greece could take a five-year “timeout” from the shared euro currency to address its economic problems, Merkel said the idea of a “Grexit” was no longer on the table.
“The option was discussed but we decided on this option, which was quite apparently the right one for all the other” eurozone nations, she said.
Talking to Parliament on Friday, Merkel said the alternative to the new rescue package “would not be a time-out from the euro that would be orderly … but predictable chaos.”
German Vice Chancellor Sigmar Gabriel, who is also economy minister and chairman of Merkel’s junior coalition partner, the Social Democrats, on Sunday criticized Schaeuble for bringing up the idea of a timeout, saying “it wasn’t prudent to make this suggestion as a German suggestion.”
He suggested there was a disconnect between Merkel and Schaeuble, but the finance minister downplayed any differences, saying in a Der Spiegel interview “we’re not always of the same opinion but we’re on the same path.”
Merkel skirted the issue when asked about internal strife, saying only that her coalition and her party would work together going ahead, and that “the finance minister will conduct the negotiations the same way I will.”
I remember what Turkey did to a weak Cyprus, and what it’s still doing, today. They would treat the Greeks no better in Greece than they did in Cyprus.
Europe has choices. But, they better make them soon, and they better be the right choices. Else, their unique cultures and societies will collapse under the weight of leftist multi-culturism and our international businesses.