David Cameron's clamor to open the EU treaties to get a new deal for Britain in Europe could trigger a whole stream of risky national votes, senior EU officials have said amid exasperation with the prime minister's abrupt concession to Tory backbenchers on the referendum bill.
European leaders declined to say anything publicly about the Conservative plans for a draft bill on an in-out EU referendum. It is being interpreted in Brussels as internal Tory party politicking, but privately there is acute and increasing frustration with Cameron's tactics.
They complained that while in Washington Cameron launched another round of Brussels-bashing when he was supposed to be promoting the merits of a potential game changing trade pact between the EU and the US.
"It's the frustration, even on things like this when it would be better to talk up the EU. You would actually have thought this was just a US-UK trade pact," said one official. "It's the kind of stuff where you just feel you're banging your head off the wall."
Another senior official said: "It's pure political posturing. Pure ideology. British pragmatism has gone away."
Officials also pointed to the irony of George Osborne being in Brussels on Tuesday to push strongly for an EU deal to curb tax evasion even while the talk in his party ranks was about quitting the EU.
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Transgaz Mediaş
Ultima actualizare: 04.09.2012
Nume companie: Societatea Naţională de Transport Gaze Naturale Transgaz Mediaş S.A.
CUI: 13068733
Registrul comerţului: J32/301/2000
Simbol bursier: TGN
Domeniul de activitate: Energie
Prezentarea companiei: Transgaz este societatea naţională de transport a gazelor naturale. Societatea este controlată de Ministerul Economiei care deţine 73,5% din capitalul social, de Fondul Proprietatea care deţine 14,9% din acţiuni, restul de 11,5% din capital fiind deţinut de investitori la Bursă. Transgaz s-a listat la Bursa de Valori Bucureşti pe 24 ianuarie 2008 cu simobolul TGN, în urma derulării unei Oferte Publice Iniţiale de acţiuni care a înregistrat un nivel record al participării din investitorilor. În urma ofertei publice, prin care statul român a scos la vânzare 11% din capital, statul român a strâns peste 6 miliarde de lei de la investitori. În 2010, transportatorul naţional de gaze a raportat un profit record, de 367,8 mil. lei (87,4 mil. euro), cu 23% peste cel obţinut în anul 2009 graţie începutului de an foarte favorabil, când compania a realizat un câştig de 189,2 mil. lei în numai trei luni din ianuarie până în martie 2010 pe fondul condiţiilor meteo favorabile. Rezultatul pe anul 2010 a fost uşor mai ridicat decât estimau analiştii. În ciuda crizei financiare, compania se bucură de o serie de atuuri, cum ar fi poziţia de monopol pe piaţa românească a transportului de gaze naturale şi o elasticitate scăzută a consumului de gaze la înrăutăţirea parametrilor din economie. În top 100 cele mai valoroase companii din 2011, Transgaz Mediaş ocupă poziţia 18 cu o valoare de 513 mil. euro.
The broader picture for Europe's car industry remains pretty tough this year -- even if April's encouraging data does show that the sales decline is bottoming out.
Major manufacturers have suffered big losses in the region, and many assembly lines are running below full capacity. Last month alone, Ford reported that its European losses had tripled, while Volkswagen reported a 38% drop in earnings.
It's a long, long way back to the heady pre-crash days - if, indeed, such conditions can be repeated.
As Stephen Odell, head of Ford's European Operations, told the WSJ in an article published yesterday:
We are hopeful that we can see signs of troughing or plateauing during the course of this year but I'm not sure that we have seen it yet.
Mr Cridland will warn that already struggling British companies may not survive without access to “our primary market”. These business need to trade with Europe and, subsequently, the rest of the world, he will add.
“We must maximise the potential of being part of the biggest market in the world - the EU single market - which remains the destination for nearly half our exports and will continue to be fundamental to our economy for many years to come.
As I said yesterday, who are the biggest supporters of the EU?
Bankers, big business and the US Government.
If you seriously think that the Tories are going to take the UK out of the EU against the wishes of the very people who fund them, you've got more than just a screw loose.
It's the EU thats the root of all the problems, along with the UN and your Daves and your Nicks and your Ed's, who between them, aint got the brains to work it out?
So yeah this ain't going away till we remove ourselves right away from the nut jobs sat over there in Brussels, when we do your see growth CBI so don't worry your stupid head!
How can you discuss jobs and the economy without addressing the EU?
The message to the majority of potential foreign workers and certainly health tourists,political activists,aggressive religionists and potential serial claimants should be "Go away,you are not needed or wanted here"
Presumably John Cridland went to school and maybe learned some history.
If so, he may remember that life is not all about MAKING MONEY and that a great deal of the history of this country is about fighting for the freedom of the individual under law and for the freedom and independence of this country.
It's all very well Cridland whittering on about 'trade deals' and 'single markets' but we're not all huge corporations.
There are also many small businesses and SMEs in this country and some would suggest that we are the lifeblood of the country and of the growth that we all desire.
What the hell is a 'trade deal' anyway? Is this man in business or is he just another leech? I'll tell you what matters more than 'trade deals' - making useful things and selling them to people (that's 'business' Mr. Cridland), particularly people abroad and it's entirely possible to do that without 'trade deals.'
As a small business owner myself my primary concern is not 'trade deals' or 'access to the single market', it's actually these two things -
1) on a personal level, I would like to be able to afford to eat and pay my bills and not be taxed to death by my own government AND an unwanted second tier of government called the EU
2) on a business level, I would just like a functioning economy where ordinary consumers have some confidence and money to spend. I don't care about 'single markets', I care that the whole economy isn't collapsing in front of my eyes
What matters to people like me are things like my web hosting costs shooting up by 20% last month because the EU slapped a VAT on this purchase.
Who benefits from this? The public? My business? The hosting company? No, it's the EU - a bunch of unelected, crooked, lying communist parasites.
Yet Mr. Cridland is trying to suggest that these parasites are going to help the economy.
How did they help the economy by sniffing around for new ways to gouge money off already struggling small businesses, Mr. Cridland?
How does it help the economy to have two governments, both competing with each other to gouge as much money as possible off the productive class and transfer it to the parasitic class?
It's simple - it doesn't. But it's not just the two of them, is it? We've also got councils bleeding us dry as well.
You claim to represent business Mr. Cridland and probably earn a fat salary and spend all day at conferences, stuffing your face with free food and talking BS, but you stand up for the parasitic EU and try and steer people away from a referendum?
You are a leech as well Mr. Cridland, don't dare ever call yourself a businessman.
Tell me, have you ever got your hands dirty trying to earn a living? Have you ever smashed a hammer against your thumb bone on a cold winter morning at 8am, whilst up a ladder? Have you ever had to wonder where the hell your next meal is coming from or how you are going to feed your kids?
Well perhaps you better think twice before lecturing ordinary, hard-working people about whether to focus on getting out of the EU or not because it's quite clear that although you claim to represent business, you are a fake and a traitor to this nation, just like all of the other quislings of the parasitic class. We've got you sussed mate.
'For those of us in the business world...'
'Mr Cridland, who represents 240,000 UK businesses...'
You people (journalists and pretend businessmen from the CBI) make me sick. How can you write such drivel. None of you have ever got your hands dirty actually producing anything of any value, have you?
Slovenia debt cut by Fitch
Slovenia has seen its debt rating cut by Fitch, the agency has just announced.
Last month Moody's reduced its rating on the country to junk, from Ba1 to Baa2.
Now Fitch has cut from A- to BBB+ with a negative outlook. It said the economic outlook had deteriorated and it now forecast a 2% decline in GDP in 2013. It predicts a 0.3% decline in 2014, leaving it as only one of two eurozone countries to contract.
The agency said its estimates of the cost of bank recapitalisation were higher than official forecasts. It estimated the sector needed an injection of €2.8bn, with €2bn needed for the three largest banks. This is more than double the official estimate.
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