Skip to main content

THE EUROPEAN UNION (EU) RECOVERY FUNDS

Well, Germany & France proposed 500 billion Euro to contain the economic damage and kick-start the EU economic recovery. Indeed, it's the EU economic downturn that needs a economic policy response. I observed some of the member states had economic growth for the past 10 years but their states politicians refused to control their spending and continued to have deficits. The EU should provide financing the member states that are responsible with their spending. Otherwise it would be a grave mistake from the EU and the EU will come to the rescue. I want the European Commission President  Hon. Ursula von der Leyen should tighter the member states integration and press for greater fiscal responsibility across the 27 member states along with structural reforms so that the EU will kick-start the economic recovery. Otherwise the EU will miss the pragmatic approach. Remember. Mr. Bruno said on BBC Hard Talk couple of days back that debt to GDP at 115 percent in 2021. We have to reduce it at least within a decade.  

I stopped to address the international issues since October 2019. Everyday, I am losing my factful mindset and analytical skill sets since October 2019. I won't be able to address the international issues here onward.    

Comments

Popular posts from this blog

Nagorno-Karabakh conflict

To put things into perspective, Nagorno-Karabakh is not an independent entity but an occupied territory of the Azerbaijan Republic and is recognised by the international community and the UN. The fact that the Armenian Prime Minister's son is doing his military service in the Armenian army located in Azerbaijan's Nagorno-Karabakh and started an undeclared war against Azerbaijan, occupied Nagorno-Karabakh and 7 adjacent regions of Azerbaijan, and massacred and forcefully deported Azerbaijani aborigines was the main reason for the lack of peace in the region. The laws of armed conflict failed to protect the Nagorno-Karabakh civilian population, individual civilians, and civilian property. The laws of armed conflict failed to discriminate between those taking parts in the fighting in Nagorno-Karabakh. The laws of armed conflict failed to protect the environment as war causes severe or long term damage to the environment. The fact here is that there is a number of international doc...

SUGGESTION TO WTO DIRECTOR-GENERAL PASCAL LAMY

SUGGESTION TO WTO DIRECTOR-GENERAL PASCAL LAMY To:               The Right Honorable World Trading Organization Director-General Pascal Lamy    From:           Athinarayanan Sanjeevraja Date:            October 22, 2011 RE:               Future Multilateral Trading System Suggestion:    Strengthen the Multilateral Trading System.     Good Morning Sir. You were talking about defining elements of tomorrow’s multilateral trading system at Deutsche Bank in Berlin on October 6, 2011. The multilateral trading system has been an enormous contributor to global prosperity by opening up markets around the world. WTO encompasses both positive and negative integration. Agreements to enforce minimum...

SUGGESTION TO THE BANK OF ENGLAND GOVERNOR SIR MERVYN KING

SUGGESTION TO THE BANK OF ENGLAND GOVERNOR SIR MERVYN KING To:               The Right Honorable Bank of England Governor Sir Mervyn King   From:           Athinarayanan Sanjeevraja Date:            October 17, 2011 RE:               QE Suggestion:    Identify and correct the fundamental factors that are behind low economic growth.  Good Morning Sir. The Bank of England has decided to undertake more QE. I agreed that during the financial crisis of 2007-2008 monetary policy was effective in re-establishing liquidity in the main developed economies especially US, UK and Europe. But current economic conditions in developed economies reveal problems whose solutions are far beyond the scope of monetary an...