Showing posts with label Blake Chandlee. Show all posts
Showing posts with label Blake Chandlee. Show all posts

Tuesday, July 10, 2012

On the question of the single currency and its survival, the majority -- 54 percent -- believes that Germany should not continue to fight to save the euro if it has to provide additional billions in aid. A sizeable minority (41 percent) disagrees, however, while 5 percent are undecided.
The survey revealed that this skepticism is shared by Germans of almost all political affiliations. Among respondents who support Angela Merkel's conservative Christian Democratic Union (CDU) and its Bavarian sister party, the Christian Social Union (CSU), 52 percent said it was almost pointless for Germany to continue fighting for the single currency, while 45 percent disagreed. The figures are similar among supporters of the opposition center-left Social Democratic party (54 percent versus 43 percent), which has generally supported Merkel in her efforts to fight the crisis.
The greatest skepticism was found among supporters of the far-left Left Party, 68 percent of whom felt it was pointless to keep fighting to save the euro. The most pro-European tendencies were found in the camp of the environmentalist Green Party. There, 64 percent thought Germany should keep trying to rescue the monetary union.
The divide in the responses mirrors a current debate among top economists in Germany. This week, influential German economist Hans-Werner Sinn published an open letter, signed by around 170 economists, criticizing the resolutions agreed upon at the most recent European Union summit and claiming that Merkel was "forced into" agreement at the meeting. Other leading economists, including Peter Bofinger, a member of the German Council of Economic Experts that advises the German government, have reacted by attacking the letter and defending Merkel's policies.
The survey was conducted by the pollster TNS on July 3-4. Around 1,000 Germans aged 18 and over took part.

Wednesday, November 16, 2011

Angela Merkel will not "allow" UK "to get away" with refusal to back financial transactions tax

The German government believes Britain should be part of a Europe-wide tax on financial transactions, the proceeds of which could help prop up the single currency. However, David Cameron and George Osborne have blocked the tax, with the Chancellor claiming it is a “bullet aimed at the heart of London”. Ministers have instead called on the Germans to allow the European Central Bank (ECB) effectively to print money to rescue beleaguered economies. The Prime Minister will travel to Berlin on Friday for what are expected to be tense negotiations with Angela Merkel, the German chancellor, over the crisis. A senior figure in the party headed by Mrs Merkel attacked Britain as relations between the two countries deteriorated in the wake of the single currency crisis. Tensions between Germany and Britain over how to handle the crisis in the eurozone deepened after allies of the German chancellor, Angela Merkel, claimed she would not allow the UK to "get away" with its refusal to back a European financial transactions tax. Speaking before a meeting between Merkel and David Cameron on Friday, the parliamentary leader of her Christian Democratic Union said: "Britain had a responsibility to make Europe a success." Volker Kauder, at the CDU conference in Leipzig, said: "I can understand that the British don't want that [a transactions tax] when they generate almost 30% of their gross domestic product from financial-market business in the City of London. Only going after their own benefit and refusing to contribute is not the message we're letting the British get away with."

Sunday, October 30, 2011

BEIJING - Chinese and European officials sought to play down expectations about when and how China may deploy its vast financial resources to help bail out indebted countries in Europe. A Chinese Vice Finance Minister said China must first see the details of a new European bailout fund before making any commitments. "We of course must wait until its structure is extremely clear," Zhu Guangyao told a press briefing. "And moreover, this investment must be decided on after serious, technical discussions."



Klaus Regling, the chief executive of the European Financial Stability Facility, flew into Beijing on Friday on the first stop of his trip. Klaus Regling is the
German Governor of the new Europe" de facto !

Wednesday, January 5, 2011

The story of Mokotów is one of the prominent bright spots in the history of how the commercial property developed in Poland. The former industrial district of Mokotow, Służewiec Przemysłowy has rapidly been transformed into Warsaw’s ultimate office hub, where fully-leased projects from leading developers are regularly snapped up by leading investors. In fact, Colliers International claims that investor demand has intensified so much over the past 12 months that that along with being the hottest office district in Central Europe, Mokotów can actually be considered one of the most liquid markets anywhere in Europe. Is this just marketing overkill from the Polish office of an international agency? After all, with just over 900,000 sqm, Mokotów is hardly among the biggest on the Continent. But according to Neil Gregory-Eaves, Colliers’ international director of CEE investment services, one shouldn’t look at total stock, but instead at how much of it has changed hands in the last 12 months.
“Over the past 12 months, Moktów has had six major office investment transactions which represent approximately 18 percent of the total gross lettable area. The total volume of these transactions is approaching €500m. These kinds of figures mean that Mokotow has easily been the most active office investment sub-district in all of CEE both in terms of the number of transactions and total investment volume,” says Gregory-Eaves.BCE, Citigroup, Comisia Europeana, FMI, Federal Reserve, Germania, Grecia, Irlanda, Marea Britanie, PIB, Rusia, SUA, Spania, Standard and Poor's, Ungaria, Uniunea Europeana,