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Berger, Jens
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3 articles of this author have been cited in the European Press Review so far.
Greece's euro exit catastrophic for Europe
A Greek exit from the Eurozone would be a fatal blow to the European project, writes the leftist weekly WOZ: "If Europe decides to make an example of Greece the consequences for the entire continent will be destructive and do lasting damage to the dream of a united Europe. Six decades of European integration would suddenly be on the line. The continent would be thrown back a century to the times of competing nation states with their respective hegemonies. There is a lot at stake. One can only hope that the decision-makers in Athens, Berlin and Brussels are aware of their historical responsibility."
» full article (external link, German)
More from the press review on the subject » EU Policy, » Fiscal Policy, » Economic Policy, » Greece, » Europe
Media little more than mouthpiece of financial markets
Mirroring the reaction of the financial lobby, numerous German media have registered concern at the election results in Greece and France, writes Jens Berger in his blog Der Spiegelfechter: "Instead of accepting and respecting the popular vote, the German press prefers to point with feigned distance at the presumed reaction of the financial markets and prophesies a 'crisis of confidence' in the Eurozone. Admittedly, they're not talking about the trust of the citizens but that of financial speculators. Because the citizens lost their trust in politicians representing their interests long ago. Hence it must be asked whether the media, which openly put the interests of the elites and the financial lobby over those of the people, still reflect the free democratic basic order at all. ... The once proud magazine Der Spiegel complains on its online portal about the 'uncertainties after the French and Greek elections'. ... In the same pessimistic tone the newspaper Die Welt fears that 'the election results in France in Greece [will fan] investors' fears of an end to austerity'."
» full article (external link, German)
More from the press review on the subject » Elections, » Politics, » Media, » Germany, » Europe
Fiscal pact makes EU too German
The EU aims to counter economic imbalances with the fiscal pact passed on January 31 at its Brussels summit. But the pact is tailored solely to German requirements, Jens Berger points out in the blog Nachdenkseiten: "Why, for example, does a negative net external asset position amounting to more than 35 percent of a country's GDP represent an imbalance, while there is no limit whatsoever on positive external assets? … States like Germany with positive external asset positions are without doubt hugely dependent on economic developments in countries with negative external asset positions. If there's trouble there, the Germans might as well write off part of their claims and assets abroad, which would naturally have a negative impact on the German economy. … Europe has been told to become more German. But who is supposed to buy all the German exports if Europe becomes more German and its people have less and less money in their pockets?"
» full article (external link, German)
More from the press review on the subject » EU Policy, » Economic Policy, » Europe, » Central Asia
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