Deutsch
English
FrançaisSub menu: Home
Home / Index of Authors
Joosten, Carla
Subscribe to receive the texts of "Joosten, Carla" as RSS feeds
4 articles of this author have been cited in the European Press Review so far.
Falcons' pullout threatens euro
With Jürgen Stark's departure yet another strong critic of the purchase of sovereign bonds has left the Executive Board of the European Central Bank. His departure threatens the very existence of the euro, the conservative news magazine Elsevier writes: "The German pullout shows yet again how deep the rift is between the doves in the South and the falcons in the North. Now it seems the doves at the Central Bank have won out. The Italian Mario Draghi will take over as ECB chairman on November 1. Although he casts himself as a German falcon, as a top-ranking official he nevertheless helped to spruce up Italy's budget figures to bring it into the Eurozone back then. ... In Germany, support for the euro bailout is fading fast. If not even the Central Bank can be trusted now, resistance will only grow stronger. Merkel will have even greater difficulty garnering support for her policy within the coalition. And if the paymaster Germany no longer plays along, the euro will soon be a thing of the past."
» full article (external link, Dutch)
More from the press review on the subject » Fiscal Policy, » Germany, » Europe
Euro crisis a test for Van Rompuy
The Eurozone summit on the debt crisis scheduled for Thursday will also be a test for President of the European Council Herman Van Rompuy, in the opinion of the conservative news magazine Elsevier: "Van Rompuy is simply head of the Council and not president or chief of the European Union. That was never the intention. After all, the real boss - the chancellor of the largest member state - is in Berlin. ... In the meantime the question mark over the future of the single currency is larger than ever. Now the moment has come for Van Rompuy to prove himself as manager in the euro storm. He failed to do this in the last few days. Calls for a political response from the EU to the debt crisis became ever louder, but Brussels remained silent. On Friday evening Van Rompuy finally twittered the long-awaited answer: the heads of state and government will meet on Thursday, 21 July. That is the beginning of a solution."
» full article (external link, Dutch)
More from the press review on the subject » EU Policy, » Fiscal Policy, » Europe
Punish the deficit deviants
The mountains of debt run up by Portugal, Ireland, Greece and Spain, the so-called PIIGS, are undermining confidence in the euro. Harsh words won't be enough, writes Carla Joosten in her blog for conservative-liberal news magazine Elsevier: "The deficits of the PIIGS are not just a consequence of the crisis, but also of poor budget management. For too long they lived beyond their means, blew all their profits on low interest rates and failed to introduce reforms, with the result that they now threaten to cause problems for Europe as a whole. These countries deserve unsparing treatment. ... If we survive this storm the heads of government should take a close look at the mentality that should prevail in a monetary union: They should ensure that their own budgets are in an orderly state to prevent damage to other budgets. You don't need a political union for this end, simply the application of tougher budgetary rules. Real sanctions; not the lectures being doled out by Brussels at present."
» full article (external link, Dutch)
More from the press review on the subject » Fiscal Policy, » Europe
Concern about national sovereignty justified
The Federal Constitutional Court's ruling on the Lisbon treaty shows that concerns about a loss of national sovereignty are justified, writes Carla Joosten in her Europe blog for the conservative liberal weekly Elsevier: "The Dutch, French and Irish were seen as malcontents by the rest of the European Union because they voted against the constitution. But this reproach must be taken back following the ruling of Germany's highest juristic body. In the opinion of the court, without amendments to the German Basic Law Germany will be surrendering too much power to the European Union. … What does this judgement mean for the sovereignty of other member states? Should they not also build a guarantee into their own legislation in order to secure their right to self-determination? Following the guarantees for Ireland … the EU leaders had hoped that the treaty's long ordeal had ended. But that seems to have been a vain hope."
» full article (external link, Dutch)
More from the press review on the subject » EU Constitution, » Germany, » Europe
© 2005-2012