European🇪🇺

  • 136 Posts
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Joined 2 years ago
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Cake day: June 10th, 2023

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  • BUCHAREST, Nov 28 (Reuters) - Romania’s top court on Thursday ordered a recount of votes in the first round of the presidential election and the country’s top security body warned Romania was a key target for hostile actions from Russia after a shock result in the ballot. Having polled in single digits before Sunday’s vote, independent far-right politician Calin Georgescu, 62, surged to a victory that raised questions over how such a surprise had been possible in the European Union and NATO member state.







  • Honestly I don’t know. .Iirc Draghi’s reputation in Italy is somewhat divided though his bio and international reputation is very impressive. Personally I agreed with many points of his analyses in his 2024 report, though I remain a bit critical of his proposed solutions. There was recently another report, also interesting, but i can’t remember the name.

    Of late,modern monetary theories have shed light on a different approach to the famous 2% EU spending rule. The situation and crises in Europe is a challenge, and something must change and should be done.

    This whole topic though a bit abstract for general public is quite relevant to the EU. According to this Press release by the Council of the EU,19 November 2024, Capital markets union: Council adopts revamped rules for EU clearing services.

    " Derivatives play an important role in the economy, but they also bring certain risks. This was demonstrated during the 2008 financial crisis, that brought to light the weaknesses in the OTC derivatives markets.

    To address the situation, the EU adopted the European market infrastructure regulation (EMIR) in 2012. The aim was to increase transparency in the OTC derivatives markets, mitigate credit risk and reduce operational risk.

    On 7 December 2022, the Commission presented a proposal to review European market infrastructure regulation and directive in order to deepen the EU’s capital markets union, improve the existing rules and make the EU’s clearing landscape more attractive.

    Adoption by the Council follows an agreement reached with the European Parliament at first reading under the ordinary legislative procedure.


  • This article depicts my worries for especially Europe very well, considering;

    • the need to develop EU Capital market ( ex.Draghi plan) & many others external advisers (ex WTF, Mc Kensey)
    • American Capital market giants expanding their operations ( ex. blackrock, capital group) and their trackrecords in wreaking chaos
    • the need to curb inflation and having competitive and doable interest rates

    my question remains, how can we as EU develop our market in a positive way, without crazy money cowboys overuling the capital market?













  • Also, maybe it’s part of being" neutral", yet the future will tell where this (alleged of human rights abuses) tiktok president is going

    " DW Asia-Pacific Bureau Chief Georg Matthes, however, is certain that Indonesia is still trying to remain non-aligned in international politics, despite the exercises with Russia.

    “These trainings are quite important for Indonesian military, but it’s not something uncommon. They recently conducted a similar training with German naval vessels,” Matthes said, also mentioning the massive annual “Super Garuda Shield” exercises that Indonesia has conducted with the United States since 2006.