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  • Most Europeans are profoundly concerned about the state of their economies. Just 1% of the Greeks, 3% of the Italians, 4% of the Spanish and 9% of the French think economic conditions are good. Only the Germans (75%) are pleased. Since before the euro crisis began positive sentiment is down 61 percentage points in Spain, 54 points in Britain, 22 points in Italy and 21 points in both the Czech Republic and France. And most Europeans are almost as gloomy about whether their national economic situation will improve in the next year.

    The New Sick Man of Europe: the European Union

    The European Union is the new sick man of Europe. The effort over the past half century to create a more united Europe is now the principal casualty of the euro crisis, and the European project now stands in disrepute across much of the continent.

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Based on these political developments in Germany, many European observers point out that, on the one hand, Europe has embarked on a very slippery slope and, on the other hand, the German chancellor Mrs. A.Merkel elections next September is now facing very seriously the specter of defeat. This is because the new party can achieve an electoral score of around 10%, which mainly comes from the Christian Democrat area.

IF GERMANY LEAVES THE EURO ZONE

This time the situation is indeed very serious. A new party made its appearance in German politics and is composed of economistes, lawyers and Christian Democrat politicians who believe in the dissolution of the euro area before this, they say, breaks Germany.

Having Europe-wide economic synergy creates stronger corporate players, leads to lower-priced goods for consumers, and rewards innovation. Conversely, European economic fragmentation could subject companies — along with their managers, employees, unions, and regulators — to greater competitive pressures and hurdles.

The Business Case for the European Union

To corporate leaders, this year’s economic crisis is a sign that a more unified Europe is a solution, not a problem.

It is interesting to read a just published report about Russia by Pew Research Center. This leading institute, based in Washington DC and Democratic Party leaning, concluded on base of a nationwide survey that: ‘following a winter of discontent, Russians express an increased appetite for political freedom and at the same time strongly endorse Vladimir Putin’!

Russians Back Political Freedom and Putin Too

'Country begins to tire of Putin’s reign' was the heading of a special Financial Times report about Russia. Is that news? Just after the French sent their President home after 1 term and with a chance that the Americans will do the same with their one in November, I would answer no on this question

Remember that Greece and Cyprus both have modern European histories mainly because they were claimed by Western powers for strategic reasons.In other words, from the point of geography and geopolitics, Greece will be in play for years to come.

Is Greece European?

It is not entirely an accident that Greece is the most economically troubled country in the European Union. The fact that it is located at Europe's southeastern back door also has something to do with it.

So what is the role of the European Union in all this? Almost none. Europe′s distance from the South China Sea is not only a question of geography. Asia is also distant from the hearts and minds of many Europeans. In many southern European countries, protectionist rhetoric depicts Asia as an enemy rather than an opportunity.

South China Sea politics more complex than the EU

As sabres rattle in the long-lasting territorial disputes over the South China Sea, now considered by many to be the new Persian Gulf due to its potential reserves of oil and gas, the European Union remains a marginal actor in the region.

MORE ARTICLES

The Fullness of Time ?

By: EBR | Wednesday, May 09, 2012

Greece′s exit from the Eurozone would be all pain, no gain

By: VoxEU.org | Monday, March 19, 2012

From Eurosceptics to disappointed Europeanists

By: EBR | Tuesday, February 21, 2012

Where were you when Europe fell apart?

By: EBR | Monday, February 13, 2012

Stratfor: Annual Forecast 2012

By: Stratfor - Strategic Forecasting | Monday, January 23, 2012

Greece: The history behind the collapse

By: EBR | Saturday, December 24, 2011

Greece in light of Argentinean Experience exactly ten years ago

By: EBR | Thursday, December 22, 2011

Stop blaming Greece!

By: EBR | Tuesday, September 27, 2011

Estonia: goodbye to eastern Europe and welcome to the north?

By: N. Peter Kramer | Friday, September 23, 2011

The Crisis of Europe and European Nationalism

By: The Globalist | Friday, September 16, 2011

Greece’s Only Way Out: Looking Beyond the Debt Issue

By: The Globalist | Thursday, September 08, 2011

Don’t Let Fiscal Brakes Stall Global Recovery

By: EBR | Tuesday, September 06, 2011

The Keynesian Non-Answer

By: EBR | Monday, August 22, 2011

Europe Must Choose a Currency Union or a Financial Union

By: The New York Times | Friday, July 22, 2011

Are Universities Working Hard Enough for their Students?

By: EBR | Monday, July 04, 2011

Europe

A TALE OF TWO ISLANDS: BAILOUT OR BANKRUPTCY?

Why should (German) taxpayers bail out Russian oligarchs who are in danger of losing their tax-evaded money? Silly question. Of course they shouldn´t – none of their business.

Business

Representing e-commerce in Europe

Ecommerce Europe, an initiative taken in February 2012, is the European umbrella association representing companies that sell products and/or services online to consumers in Europe.

Editor’s Column

THE WEEK THAT WAS... (May 21, 2013)

By: EBR

EBR Chief-editor’s Monday Morning Column. This week N. Peter Kramer writes about "Another dramatic effect of the crisis: millions of EU citizens can’t afford their medicines anymore."

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