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Thursday, 23.09.2010.

13:28

Serbia's candidacy to be discussed Oct. 25

EU Foreign Affairs Council will discuss Serbia's request for EU membership at the meeting in Luxembourg on October 25.

Izvor: Tanjug

Serbia's candidacy to be discussed Oct. 25 IMAGE SOURCE
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6 Komentari

Sortiraj po:

Mike

pre 13 godina

"Serbia has no place in Europe not before justice has been done to all those who lost everything during their agression in Bosnia and Croatia." (Gladko)

-- Justice has little if anything to do with EU membership. How else could the Baltic countries, Romania or Bulgaria entered the EU so quickly?

winston

pre 13 godina

What about Croatia, Gladko? Shouldn't they face justcie for all the crimes they committed, and all the innocent people that they displaced from their anscetral homes? Does Croatia belong in the EU, without first facing justice for their crimes?

Mircea

pre 13 godina

Leonidas,

The Eurozone will recover from the financial crisis and it will continue to expand.

Estonia will adopt the Euro on 1 January 2011.

I hope that Romania will also adopt the Euro as soon as possible.

Leonidas

pre 13 godina

Is the majority of Serbian citizens for or against EU membership?

Who has the results of a recent opinion poll on this subject?
(Mircea, 23 September 2010 14:09

Mircea

As a Romanian have you ever thought what has Romania accomplished through its EU membership?

As a non-Romanian myself i would say not much apart from being saddled with massive debts.Last year you managed to be bailed out by the IMF with a 20billion euros loan and i understand that Basescu is negotiating a new one in the region of 30billion euros in order to finance current consumption.

Trade deficits have to be financed,so capital flows into debtor nations.If interest rates are low, the inflows of "hot money" lead to speculation and assets price bubble.When the bubble bursts the credit dries up and the country has to be finance from somewhere,usually from the good samaritans of the IMF.

When the IMF provides loans the country in question has to give something in return.
That is the management of its economy.The 25% cuts in salaries and pensions,the 5% increase in VAT duties an the increase in retirement age are all part of the IMF medicine.There will be more on the way.

So what does the future holds
for countries like Romania and my own Greece? Not much.They can only avoid permanent crisis by achieving
growth rates strong enough to
service their debts.But as things stand i cannot see how they can grow their way out of trouble.They need a big external stimulus to offset budget cuts and falls in real wages and their exports have to grow a lot faster than imports.
This is not going to happen with Europe in recession.

The EU cannot possibly survive in its present state of affairs.The single market creates huge imbalances between various eu states which unless financed will lead to severe currency crisis.

The next euro crisis could well be the final nail in the coffin.

BTW I read that Ireland is about to call the IMF.

Mircea

pre 13 godina

Is the majority of Serbian citizens for or against EU membership?

Who has the results of a recent opinion poll on this subject?

Gladko

pre 13 godina

Serbia has no place in Europe not before justice has been done to all those who lost everything during their agression in Bosnia and Croatia.

Leonidas

pre 13 godina

Is the majority of Serbian citizens for or against EU membership?

Who has the results of a recent opinion poll on this subject?
(Mircea, 23 September 2010 14:09

Mircea

As a Romanian have you ever thought what has Romania accomplished through its EU membership?

As a non-Romanian myself i would say not much apart from being saddled with massive debts.Last year you managed to be bailed out by the IMF with a 20billion euros loan and i understand that Basescu is negotiating a new one in the region of 30billion euros in order to finance current consumption.

Trade deficits have to be financed,so capital flows into debtor nations.If interest rates are low, the inflows of "hot money" lead to speculation and assets price bubble.When the bubble bursts the credit dries up and the country has to be finance from somewhere,usually from the good samaritans of the IMF.

When the IMF provides loans the country in question has to give something in return.
That is the management of its economy.The 25% cuts in salaries and pensions,the 5% increase in VAT duties an the increase in retirement age are all part of the IMF medicine.There will be more on the way.

So what does the future holds
for countries like Romania and my own Greece? Not much.They can only avoid permanent crisis by achieving
growth rates strong enough to
service their debts.But as things stand i cannot see how they can grow their way out of trouble.They need a big external stimulus to offset budget cuts and falls in real wages and their exports have to grow a lot faster than imports.
This is not going to happen with Europe in recession.

The EU cannot possibly survive in its present state of affairs.The single market creates huge imbalances between various eu states which unless financed will lead to severe currency crisis.

The next euro crisis could well be the final nail in the coffin.

BTW I read that Ireland is about to call the IMF.

Gladko

pre 13 godina

Serbia has no place in Europe not before justice has been done to all those who lost everything during their agression in Bosnia and Croatia.

Mircea

pre 13 godina

Is the majority of Serbian citizens for or against EU membership?

Who has the results of a recent opinion poll on this subject?

Mike

pre 13 godina

"Serbia has no place in Europe not before justice has been done to all those who lost everything during their agression in Bosnia and Croatia." (Gladko)

-- Justice has little if anything to do with EU membership. How else could the Baltic countries, Romania or Bulgaria entered the EU so quickly?

winston

pre 13 godina

What about Croatia, Gladko? Shouldn't they face justcie for all the crimes they committed, and all the innocent people that they displaced from their anscetral homes? Does Croatia belong in the EU, without first facing justice for their crimes?

Mircea

pre 13 godina

Leonidas,

The Eurozone will recover from the financial crisis and it will continue to expand.

Estonia will adopt the Euro on 1 January 2011.

I hope that Romania will also adopt the Euro as soon as possible.

Gladko

pre 13 godina

Serbia has no place in Europe not before justice has been done to all those who lost everything during their agression in Bosnia and Croatia.

Mircea

pre 13 godina

Is the majority of Serbian citizens for or against EU membership?

Who has the results of a recent opinion poll on this subject?

Mircea

pre 13 godina

Leonidas,

The Eurozone will recover from the financial crisis and it will continue to expand.

Estonia will adopt the Euro on 1 January 2011.

I hope that Romania will also adopt the Euro as soon as possible.

Leonidas

pre 13 godina

Is the majority of Serbian citizens for or against EU membership?

Who has the results of a recent opinion poll on this subject?
(Mircea, 23 September 2010 14:09

Mircea

As a Romanian have you ever thought what has Romania accomplished through its EU membership?

As a non-Romanian myself i would say not much apart from being saddled with massive debts.Last year you managed to be bailed out by the IMF with a 20billion euros loan and i understand that Basescu is negotiating a new one in the region of 30billion euros in order to finance current consumption.

Trade deficits have to be financed,so capital flows into debtor nations.If interest rates are low, the inflows of "hot money" lead to speculation and assets price bubble.When the bubble bursts the credit dries up and the country has to be finance from somewhere,usually from the good samaritans of the IMF.

When the IMF provides loans the country in question has to give something in return.
That is the management of its economy.The 25% cuts in salaries and pensions,the 5% increase in VAT duties an the increase in retirement age are all part of the IMF medicine.There will be more on the way.

So what does the future holds
for countries like Romania and my own Greece? Not much.They can only avoid permanent crisis by achieving
growth rates strong enough to
service their debts.But as things stand i cannot see how they can grow their way out of trouble.They need a big external stimulus to offset budget cuts and falls in real wages and their exports have to grow a lot faster than imports.
This is not going to happen with Europe in recession.

The EU cannot possibly survive in its present state of affairs.The single market creates huge imbalances between various eu states which unless financed will lead to severe currency crisis.

The next euro crisis could well be the final nail in the coffin.

BTW I read that Ireland is about to call the IMF.

winston

pre 13 godina

What about Croatia, Gladko? Shouldn't they face justcie for all the crimes they committed, and all the innocent people that they displaced from their anscetral homes? Does Croatia belong in the EU, without first facing justice for their crimes?

Mike

pre 13 godina

"Serbia has no place in Europe not before justice has been done to all those who lost everything during their agression in Bosnia and Croatia." (Gladko)

-- Justice has little if anything to do with EU membership. How else could the Baltic countries, Romania or Bulgaria entered the EU so quickly?