- published: 12 Oct 2010
- views: 873
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Economic conditions that a country must meet before it can adopt the euro, for example managing its level of debt and its interest rates and being able to keep stable the price of goods and services and the price of exchanging its currency.
The Maastricht Treaty (formally, the Treaty on European Union or TEU) undertaken to integrate Europe was signed on 7 February 1992 by the members of the European Community in Maastricht, Netherlands. On 9–10 December 1991, the same city hosted the European Council which drafted the treaty. Upon its entry into force on 1 November 1993 during the Delors Commission, it created the European Union and led to the creation of the single European currency, the euro. The Maastricht Treaty has been amended by the treaties of Amsterdam, Nice and Lisbon.
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- published: 10 Oct 2014
- views: 1478
German/Nat
Fears a single European currency will miss its target date are growing amid concern over the state of the German economy.
Germany has now joined the list of countries which don't fulfil the criteria for monetary union - and could miss the 1999 deadline.
And the chief economist of the German central bank says European countries are not preparing properly for the Euro.
German workers, who have grown accustomed to the news of increasing unemployment and the threat to their jobs, cannot hope for improvement in the coming year as Germany's economy slides towards recession.
Recent offers by union leaders to limit wage increases to the level of inflation seem unlikely to prevent the jobless total reaching four million by early February.
This would be ten percent of the working population.
Germany has had to borrow heavily to finance the huge cost of unification.
To protect the stability of the German mark interest rates have been kept high, increasing the price of German exports and hitting German industry hard.
In 1995 growth in the German economy failed the projected target of 2.9 percent widely.
This in turn lead to tax revenues falling below the expected level and forcing the government to borrow more than planned in order to balance the books.
For the first time, Germany has failed to keep its borrowing levels to within three percent of their Gross Domestic Product (G-D-P), one of the criteria set out by the Maastricht Agreement for establishing a single European currency.
SOUNDBITE:
Germany failed to fulfill at least one of the criteria, namely to hold the budget deficit within three percent of Gross Domestic Product. Germany has failed this criteria, as the deficit lay at three-point-five percent G-D-P.
SUPER CAPTION: Dieter Vesper, German Institute for Economic Studies
The German Government is stuck in a catch 22 situation, caught between the necessity to borrow and keeping money supply low to combat inflation.
The Maastricht criteria and timescale now looks increasingly unlikely to be fulfilled as other countries are also unlikely to fulfill Maastricht.
But in the face of all these problems the German economic minister doesn't see his government in an inextricable situation.
SOUNDBITE:
We know that there are problems with the economy, we are not making the progress we expected, not in the coming year either. Unemployment is high and can only be resolved if we tackle our structural problems, and we are doing that. I've no worries as regards the Maastricht criteria though, we are close to targets, the government has done it's part and in '96 we will with absolute certainty, comply with the Maastricht regulations.
SUPER CAPTION: Guenter Rexrodt, German Economics minister
His confidence, however, is not shared by all and not supported by projections from leading economic experts.
SOUNDBITE:
I believe that public spending will push Germany out of the criteria again, next year. We project that the budget deficit will be above three percent of G-D-P, we estimate a figure of three-point-two percent. That means of course, that the Maastricht criteria will not be met.
SUPER CAPTION: Dieter Vesper, German Institute fro Economic Studies
The Maastricht Agreement requires all aspirants of monetary union to fulfill its criteria for two consecutive years before introduction in 1999.
The difficulties being experienced by European economies are casting doubt on this timetable and indeed the whole concept of European monetary union.
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- published: 21 Jul 2015
- views: 56
French/Nat
On the eve of the French parliamentary elections, 4-thousand people have taken to the streets of Paris, to protest against the single European currency and its blueprint - the Maastricht Treaty.
The demonstration on Saturday, will be seen as a boost for the right who have pushed free-market reform and austerity measures in a bid to qualify for entry into a single currency.
The marchers, mostly Communists and labour union members, set off from the Bastille for a demonstration through Paris.
Communist Trade Unionists organised Saturday's march - a protest against the European single currency on the eve of the second round of French parliamentary elections.
The ruling centre-right coalition was given a severe rebuke by the voters in the first round of the poll last weekend - a result that reflected widespread disenchantment with the government's drive to meet the Maastricht criteria. The tough economic criteria for membership of the single currency has led the right to impose free-market reform and an austerity programme - which has accelerated job losses across the country.
SOUNDBITE: (French)
"The problem is there are no more rights for workers - what we have is deregulation, flexibility and no job security for the young."
SUPER CAPTION: Voxpop
Much of the outcry was directed at the document setting the qualifying criteria - the Maastricht Treaty.
SOUNDBITE: (French)
"Maastricht means deregulation, privatisation, and sackings."
SUPER CAPTION: Voxpop
If the conservatives lose, President Jacques Chirac, who has five years left in his term, will have to share power with a prime minister from the left, probably Socialist leader Lionel Jospin.
The left has campaigned on a platform of youth jobs programmes and a shorter working week with no pay cuts.
The voters make their choice on Sunday.
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- published: 21 Jul 2015
- views: 6
Plenary Symposium: The Public Debt and Monetary Stability
Angelo Santagastino, Yildirim Beyazit University---Turkey: "Einaudi, EU Competencies, Fiscal Policy and the Missing Maastricht Criteria"
Presented at the 77th International Atlantic Economic Conference in Madrid, Spain on April 5th, 2014
For more information on conference and publication opportunities please visit our website at www.iaes.org or email us at iaes@iaes.org
- published: 16 Apr 2014
- views: 111
http://www.euronews.com/ Bulgaria's delayed entry into Schengen, the country's energy dependency on Russia and its efforts to counter the economic crisis - Prime minister Boyko Borrisov has been speaking to euronews in an exclusive interview in the capital Sofia.
Born in 1959, Borrisov set up a successful private security business before turning to politics.
He was mayor of Sofia before becoming prime minister of the centre-right government.
Hans Von Der Brelie, Euronews:
"Prime Minister, the watchdog of free competition, the European Commission, has started investigations into Gazprom. Is the Russian gas supplier complying or not to fair competition in Bulgaria?"
Boyko Borrisov:
"Bulgaria was one of the EU countries most affected by the gas crisis. Back then, I was mayor of Sofia. The temperature was between 15 and 12 degrees below zero. We spent 10 to 15 days without gas and no one helped us.
"We are assisting the European Commission with its investigation into Gazprom. Bulgargas and Bulgartransgas handed over all the relevant documents to the Commission a few months ago.
"Meanwhile we learned our lesson. That's why we have now built a gas pipeline interconnection with Romania. The interconnection with Greece is at a very advanced stage and will be completed in a month or two.
"Construction work on an interconnector with Turkey and a link to Serbia is about to start.
"However, the greatest source of energy diversification for Bulgaria is the oil and gas deposits in the Black Sea.
"I am confident that Bulgaria will successfully diversify its energy supplies within three to four years."
HVDB, Euronews:
"I will rephrase my question: are you still backing the European pipeline project Nabucco or is Nabucco dead? Are you backing the Russian project South Stream?"
Boyko Borissov:
"I hadn't expected this question, but as it happens, over there, on my desk, there should be a map. This map is an answer to your question.
This is Bulgaria, and here you can see how we will ensure diversification of our energy sources. Here lie the prospective gas supplies. This area will supply Bulgaria with gas. And there you have the Russian "South Stream" pipeline project.
"That is the Turkish Tanap pipeline and the Nabucco project, and the Asian gas coming from the Shah Deniz gas field will follow this route. My finger is pointing at what we are building at the moment.
"Why we are doing this? It is very important that the Turkish Tanap-pipeline reaches Bulgaria and that Nabucoo-West and the South East Europe Pipeline move closer to Europe.
"The other route, the Trans Adriatic Pipeline, is a link to Italy, that is why we are doing our best so that both Nabucco West and the SEEP move ahead.
"Regarding the Nabucco project, Bulgaria has done all it can: the parliament approved its construction. We have signed all the documents that are required and we can start construction work tomorrow if necessary. I am looking forward to the launch of the Nabucco project."
HVDB, Euronews:
"Given that we are talking about geography, Bulgaria is very much exposed to Greece and its economic problems: What are the consequences of these Greek problems on the Bulgarian economy?"
Boyko Borrisov:
"Greece is a good neighbour and friend.
However, the EU was very harsh with Bulgaria and Romania, but was very tolerant towards Greece. And right now, we are all suffering from this tolerance. The most important thing is to meet the Maastricht criteria, they have to be respected.
"What has Bulgaria done, so far, in the past three years? We have carried out a pension reform. We have increased the retirement age and frozen pensions and salaries.
"Our budget deficit currently stands at 1.2 percent, and foreign debt is at 14 percent. Inflation is at zero percent.
"The only other EU countries whose economic performance is anywhere near ours are Denmark and Finland."
HVDB, Euronews:
"So are you ready for the European single currency, the euro? Your finance minister just said that Bulgaria will postpone euro membership. Can you confirm this?"
Boyko Borrisov:
"While Bulgaria complies with the Maastricht criteria and, along with Germany, adopts the deficit reduction procedures, other countries are not complying with these criteria. Why is that?
"What justifies such populism and nationalism against those who are on the right path? They should concentrate on sorting out their own financial problems instead.
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- published: 26 Sep 2012
- views: 4373
Estonia is the only candidate for adopting the euro currency in 2011. The euro offers the Baltic country its only chance of overcoming the devaluation of the krone and stimulating growth.The governments rigorous measures have reduced the budget deficit to fulfill the Maastricht criteria for joining the EUs common currency. But there are also critics of the euro in Estonia. Report by Karl Harenbrock.
- published: 24 Feb 2010
- views: 2594
The European debt crisis (often also referred to as the Eurozone crisis or the European sovereign debt crisis) is a multi-year debt crisis that has taken place in several eurozone member states since the end of 2009. These states were unable to repay or refinance their government debt or to bail-out over-indebted banks under their national supervision without the assistance of third parties like the EFSF, the ECB, or the IMF.
The European debt crisis erupted in the wake of the Great Recession around late 2009, and was characterized by an environment of overly high government structural deficits and accelerating debt levels. The states getting adversely hit by the crisis, faced a strong rise of interest rate spreads for government bonds, as a result of investor concerns about their future debt sustainability, to the extent that four eurozone states needed to be rescued by sovereign bailout programs, delivered jointly by the International Monetary Fund and European Commission - with additional support at the technical level by the European Central Bank. Together these three international organisations representing the bailout creditors, became nicknamed "the Troika".
In 1992, members of the European Union signed the Maastricht Treaty, under which they pledged to limit their deficit spending and debt levels. However, in the early 2000s, some EU member states were failing to stay within the confines of the Maastricht criteria and turned to securitising future government revenues to reduce their debts and/or deficits, sidestepping best practice and ignoring international standards. This allowed the sovereigns to mask their deficit and debt levels through a combination of techniques, including inconsistent accounting, off-balance-sheet transactions, and the use of complex currency and credit derivatives structures. From late 2009 on, after Greece's new elected government stopped masking its true indebtness and budget deficit, fears of sovereign defaults in certain European states developed in the public. This led to a wave of downgrading the government debts of these states.
The detailed causes for running unsustainable budget deficits and debt levels varied by crisis country. In several countries, private debts arising from a property bubble were transferred to sovereign debt as a result of banking system bailouts and government responses to slowing economies post-bubble. In Greece, high public sector wage and pension commitments were connected to the debt increase. The structure of the eurozone as a currency union (i.e., one currency) without fiscal union (e.g., different tax and public pension rules) contributed to the crisis and harmed the ability of European leaders to respond. European banks own a significant amount of sovereign debt, such that concerns regarding the solvency of banking systems or sovereigns are negatively reinforcing. Concerns intensified in early 2010 and thereafter, leading European nations to implement a series of financial support measures such as the European Financial Stability Facility (EFSF) and European Stability Mechanism (ESM).
When the relatively fragile banking sector, as a negative repercussion of the Great Recession had suffered big capital losses, most states in Europe had to bailout several of their worst hit banks with some supporting recapitalization loans, because of the strong linkage between their survival and the financial stability of the economy. As of January 2009, a group of 10 central and eastern European banks had already asked for a bailout. At the time, the European Commission released a forecast of a 1.8% decline in EU economic output for 2009, making the outlook for the banks even worse. The many public funded bank recapitalizations, were one of the main reasons behind the sharply deteriorated debt-to-GDP ratios experienced by several European governments in the wake of the Great Recession, but can not solely be blamed for having caused eruption of the subsequently experienced sovereign debt-crisis - which only erupted in a limited number of European states. The main root causes for the four sovereign debt crisis erupting in Europe, were reportedly a mix of: Weak actual and potential growth; competitive weakness; liquidation of banks and sovereigns; large pre-existing debt-to-GDP ratios; and considerable liability stocks (government, private, and non-private sector).
More information: https://en.wikipedia.org/wiki/European_debt_crisis
- published: 29 May 2015
- views: 128
For years, every Polish government included the introduction of the euro among its stated goals. But now that some eurozone economies have been put on life support, the common currency has lost its shine in Poland. By holding on to the zloty, policymakers believe they can prevent the eurozone's woes from infecting their country.Currently Poland is doing perfectly well with the zloty. The Polish currency isn't pegged to the euro and can be appreciate or be devalued as needed. Warsaw has put introducing the euro on the back burner. Hardly any effort is being made to meet the Maastricht Criteria for eurozone membership. Report by Karl Harenbrock.
- published: 29 Jun 2011
- views: 2486
German/Nat
German finance minister Theo Waigel denied reports on Thursday that Germany would have to sell gold reserves to cover a tax revenue shortfall of 18 (b) billion marks (10.6 (b) billion dollars) in the country.
But Waigel said he is considering a budget freeze and other measures to help cover the shortfall in order to meet the criteria set for joining monetary union in 1999.
At a news conference in Bonn on Thursday, German Finance Minister Theo Waigel said Germany will do all that is necessary to ensure that it meets criteria set down for qualifying for the planned single European currency.
Earlier, Waigel's office announced that tax revenues for Germany's federal, state and local governments were short of earlier projections.
SOUNDBITE: (German)
"We have a shortfall in tax revenue of 18 (b) billion d marks of which 9.1(b) billion d marks comes out of the national level. This calls for financial, political decisions. A too high rise in public credits would damage the trust of the markets and lead to higher interest and currency exchange turbulence. This is what we want to avoid."
SUPER CAPTION: Theo Waigel, German Finance Minister
He stressed that Germany would not take any action which could harm Germany's financial security.
SOUNDBITE: (German)
I want to make it very clear that we are not thinking of selling any gold, hard currency or reserves but we are thinking that a big part of it should be reevaluated to improve the basic capital of the Bundesbank. And that by law we've put into place financial support."
SUPER CAPTION: Theo Waigel, German Finance Minister
Even before Thursday's announcement of the tax shortfall, the country's leading economic institutes had said Germany's budget deficit might surpass the 3 per cent limit, but Waigel was confident Germany would qualify.
SOUNDBITE: (German)
Looking at our overall economic deficit with regard to meeting the Maastricht criteria we will reach the three per cent."
SUPER CAPTION: Theo Waigel, German Finance Minister
The F-D-P (German Liberal Party) spokesman Guido Westerwelle said reducing unemployment would increase tax revenue and strengthen economic growth.
SOUNDBITE: (German)
"We must lower the tax burden that is holding back growth so that the economy can regain its lost strength. We must enable more people to find jobs. Those without jobs cannot pay taxes."
SUPER CAPTION: Guido Westerwelle, F-D-P spokesman
Waigel said privatisation measures were being considered, and that a budget freeze could not be ruled out.
Measures to reduce the shortfall will have to be taken to ensure that Germany meets the criteria for joining E-M-U, as set out in the Maastricht Treaty.
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- published: 21 Jul 2015
- views: 25
DOPESHEET:
The Lithuanian government approved Euro introduction plan that calls for setting up strategic and coordination commissions and working groups.
At the strategic level, a commission for the introduction of the euro in Lithuania will be established, with the Prime Minister as its chairman. At the coordination level, a large working group will be headed by the finance minister.
At least six expert working groups will also be set up.
Lithuania aims to join the Euro zone in 2015.
In order to meet the Maastricht criteria for Euro adoption, Lithuania still has to make progress in fiscal discipline and inflation control, both tasks were promised to perform by the new centre-left government.
Budget deficit is still couple of tens above the required 3 per cent and average annual inflation rate was 3.1 percent in January, above the Maastricht limit of 2.8 percent. To qualify for euro entry in 2015, the country must meet the Maastricht price stability criterion at the end of this year.
Lithuania's bid to join the euro in 2007 was rejected because its inflation exceeded the Maastricht limit.
Long term interest rate and debt-to-GDP ratio meanwhile meets the requirements.
Recent opinion polls conducted by Vilmorus showed that 28 percent respondents agree to join the Euro zone in 2015. 52 percent are against.
A possible rise in price level is among the biggest fears in society.
Government pledged to avoid situations when prices are raised using the ambiguous situations related with changing rates from Litas to Euros and to educate society about benefit of adopting Euro.
From 2 February 2002, the Litas has been pegged to the Euro at a fixed exchange rate of LTL 3.4528 for EUR 1.
SHOTLIST:
Vs from the goverment meeting
Soundbite (Lithuanian), ALGIRDAS BUTKEVICIUS, Lithuanian Prime Minister:
Business and public organizations will be embraced into working groups. And of course communication is very important, providing education to the society why Lithuania needs Euro.
More of the government meeting
Soundbite (Lithuanian), RIMANTAS SADZIUS, Lithuanian Minister of Finances:
The main threat to business was to overestimate their capabilities when the credit became cheaper and in some countries business spent that easier money maybe not in the appropriat. The second bigest fear of society, that is obvious, the fear that prices will increase considerably. We should also negotiate with bussiness, it is planned to sign some kind of agreement between the state and bussiness asociations and big individual companies, to follow some kind of good behaviour rules.
Vs of people in the streets
Soundbite (Lithuanian), man:
Why we need it? We are poor men, and after euro adoption we will be even poorer.
Sounbite (Lithuanian), man:
Of course we need it. It will be more comfortable for the people, because the movement of people is now free, so why we have to do all those money exchanges?
Sounbite (Lithuanian), woman:
They will transfer less Euros than Litas. (Reporter notices that the prices will be lower as well). No. Prices will not be lower for sure. It's a fact.
More of walking people
- published: 27 Feb 2013
- views: 331
The euro convergence criteria (also known as the Maastricht criteria) are the criteria for European Union member states to enter the third stage of European Economic and Monetary Union (EMU) and adopt the euro as their currency. The four main criteria are based on Article 121(1) of the European Community Treaty.
In 2009 the International Monetary Fund floated a suggestion that countries should be allowed to "partially adopt" the euro - adopting the currency but not qualifying for a seat on the European Central Bank (ECB). Monaco, San Marino and the Vatican City State are in a similar situation: they have adopted the euro and mint their own coins, but they do not have ECB seats.
For eurozone members, there is the Stability and Growth Pact which has similar requirements for budget deficit and debt. However some eurozone countries have without action from the EU severely violated these criteria (e.g. Greece 10.5 % deficit in 2010), which has resulted in european sovereign debt crisis.
1. Inflation rates: No more than 1.5 percentage points higher than the average of the three best performing member states of the EU.
This page contains text from Wikipedia, the Free Encyclopedia -
http://en.wikipedia.org/wiki/Euro_convergence_criteria
This article is licensed under the Creative Commons Attribution-ShareAlike 3.0 Unported License, which means that you can copy and modify it as long as the entire work (including additions) remains under this license.
This article is licensed under the Creative Commons Attribution-ShareAlike 3.0 Unported License, which means that you can copy and modify it as long as the entire work (including additions) remains under this license.
location on Google Map
Coordinates: 50°51′4.47″N 5°41′26.65″E / 50.8512417°N 5.6907361°E / 50.8512417; 5.6907361
Maastricht ([maːˈstʁɪçt] (southern Dutch) or [maːˈstɾɪxt] (
listen) (northern); Limburgish (incl. Maastrichtian) Mestreech [məˈstʁeːç]; French Maëstricht (archaic); Spanish Mastrique (archaic)) is a city in the Netherlands. It is located in the southern part of the Dutch province of Limburg, of which it is the capital.
Maastricht is widely known as a city of history, culture, local folklore, education. Furthermore, it has become known, by way of the Maastricht Treaty, as the birthplace of the European Union, European citizenship, and the single European currency, the euro. The town is popular with tourists for shopping and recreation, and has a large growing international student population. Maastricht is a member of the Most Ancient European Towns Network.
Maastricht is situated on both sides of the Meuse river (Dutch: Maas) in the south-eastern part of the Netherlands, on the Belgian border (with both the Dutch-speaking Flemish and French-speaking Walloon region within easy reach from the city centre) and near the German border. The city is part of the Meuse-Rhine Euroregion, the Euregio that includes Aachen, Hasselt and Liège in respectively Germany and Belgium.
This page contains text from Wikipedia, the Free Encyclopedia -
http://en.wikipedia.org/wiki/Maastricht
This article is licensed under the Creative Commons Attribution-ShareAlike 3.0 Unported License, which means that you can copy and modify it as long as the entire work (including additions) remains under this license.
This article is licensed under the Creative Commons Attribution-ShareAlike 3.0 Unported License, which means that you can copy and modify it as long as the entire work (including additions) remains under this license.
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0:17EU Maastricht criteria - a definition
EU Maastricht criteria - a definitionEU Maastricht criteria - a definition
Economic conditions that a country must meet before it can adopt the euro, for example managing its level of debt and its interest rates and being able to keep stable the price of goods and services and the price of exchanging its currency. -
7:59Maastricht Treaty
Maastricht TreatyMaastricht Treaty
The Maastricht Treaty (formally, the Treaty on European Union or TEU) undertaken to integrate Europe was signed on 7 February 1992 by the members of the European Community in Maastricht, Netherlands. On 9–10 December 1991, the same city hosted the European Council which drafted the treaty. Upon its entry into force on 1 November 1993 during the Delors Commission, it created the European Union and led to the creation of the single European currency, the euro. The Maastricht Treaty has been amended by the treaties of Amsterdam, Nice and Lisbon. This video is targeted to blind users. Attribution: Article text available under CC-BY-SA Creative Commons image source in video -
1:06Ekonomikas ABC: Māstrihtas kritēriji - deficīts, parāds
Ekonomikas ABC: Māstrihtas kritēriji - deficīts, parādsEkonomikas ABC: Māstrihtas kritēriji - deficīts, parāds
Infografika -
2:50GERMANY: ECONOMY THREATENS THE SINGLE EUROPEAN CURRENCY
GERMANY: ECONOMY THREATENS THE SINGLE EUROPEAN CURRENCYGERMANY: ECONOMY THREATENS THE SINGLE EUROPEAN CURRENCY
German/Nat Fears a single European currency will miss its target date are growing amid concern over the state of the German economy. Germany has now joined the list of countries which don't fulfil the criteria for monetary union - and could miss the 1999 deadline. And the chief economist of the German central bank says European countries are not preparing properly for the Euro. German workers, who have grown accustomed to the news of increasing unemployment and the threat to their jobs, cannot hope for improvement in the coming year as Germany's economy slides towards recession. Recent offers by union leaders to limit wage increases to the level of inflation seem unlikely to prevent the jobless total reaching four million by early February. This would be ten percent of the working population. Germany has had to borrow heavily to finance the huge cost of unification. To protect the stability of the German mark interest rates have been kept high, increasing the price of German exports and hitting German industry hard. In 1995 growth in the German economy failed the projected target of 2.9 percent widely. This in turn lead to tax revenues falling below the expected level and forcing the government to borrow more than planned in order to balance the books. For the first time, Germany has failed to keep its borrowing levels to within three percent of their Gross Domestic Product (G-D-P), one of the criteria set out by the Maastricht Agreement for establishing a single European currency. SOUNDBITE: Germany failed to fulfill at least one of the criteria, namely to hold the budget deficit within three percent of Gross Domestic Product. Germany has failed this criteria, as the deficit lay at three-point-five percent G-D-P. SUPER CAPTION: Dieter Vesper, German Institute for Economic Studies The German Government is stuck in a catch 22 situation, caught between the necessity to borrow and keeping money supply low to combat inflation. The Maastricht criteria and timescale now looks increasingly unlikely to be fulfilled as other countries are also unlikely to fulfill Maastricht. But in the face of all these problems the German economic minister doesn't see his government in an inextricable situation. SOUNDBITE: We know that there are problems with the economy, we are not making the progress we expected, not in the coming year either. Unemployment is high and can only be resolved if we tackle our structural problems, and we are doing that. I've no worries as regards the Maastricht criteria though, we are close to targets, the government has done it's part and in '96 we will with absolute certainty, comply with the Maastricht regulations. SUPER CAPTION: Guenter Rexrodt, German Economics minister His confidence, however, is not shared by all and not supported by projections from leading economic experts. SOUNDBITE: I believe that public spending will push Germany out of the criteria again, next year. We project that the budget deficit will be above three percent of G-D-P, we estimate a figure of three-point-two percent. That means of course, that the Maastricht criteria will not be met. SUPER CAPTION: Dieter Vesper, German Institute fro Economic Studies The Maastricht Agreement requires all aspirants of monetary union to fulfill its criteria for two consecutive years before introduction in 1999. The difficulties being experienced by European economies are casting doubt on this timetable and indeed the whole concept of European monetary union. You can license this story through AP Archive: http://www.aparchive.com/metadata/youtube/ec17abbfa82920f94646e6505484a386 Find out more about AP Archive: http://www.aparchive.com/HowWeWork -
1:01FRANCE: PARIS: DEMONSTRATION AGAINST SINGLE EUROPEAN CURRENCY
FRANCE: PARIS: DEMONSTRATION AGAINST SINGLE EUROPEAN CURRENCYFRANCE: PARIS: DEMONSTRATION AGAINST SINGLE EUROPEAN CURRENCY
French/Nat On the eve of the French parliamentary elections, 4-thousand people have taken to the streets of Paris, to protest against the single European currency and its blueprint - the Maastricht Treaty. The demonstration on Saturday, will be seen as a boost for the right who have pushed free-market reform and austerity measures in a bid to qualify for entry into a single currency. The marchers, mostly Communists and labour union members, set off from the Bastille for a demonstration through Paris. Communist Trade Unionists organised Saturday's march - a protest against the European single currency on the eve of the second round of French parliamentary elections. The ruling centre-right coalition was given a severe rebuke by the voters in the first round of the poll last weekend - a result that reflected widespread disenchantment with the government's drive to meet the Maastricht criteria. The tough economic criteria for membership of the single currency has led the right to impose free-market reform and an austerity programme - which has accelerated job losses across the country. SOUNDBITE: (French) "The problem is there are no more rights for workers - what we have is deregulation, flexibility and no job security for the young." SUPER CAPTION: Voxpop Much of the outcry was directed at the document setting the qualifying criteria - the Maastricht Treaty. SOUNDBITE: (French) "Maastricht means deregulation, privatisation, and sackings." SUPER CAPTION: Voxpop If the conservatives lose, President Jacques Chirac, who has five years left in his term, will have to share power with a prime minister from the left, probably Socialist leader Lionel Jospin. The left has campaigned on a platform of youth jobs programmes and a shorter working week with no pay cuts. The voters make their choice on Sunday. You can license this story through AP Archive: http://www.aparchive.com/metadata/youtube/6a5983de9076495ab1a8fd584eb70f54 Find out more about AP Archive: http://www.aparchive.com/HowWeWork -
21:19Plenary Symposium- Angelo Santagostino
Plenary Symposium- Angelo SantagostinoPlenary Symposium- Angelo Santagostino
Plenary Symposium: The Public Debt and Monetary Stability Angelo Santagastino, Yildirim Beyazit University---Turkey: "Einaudi, EU Competencies, Fiscal Policy and the Missing Maastricht Criteria" Presented at the 77th International Atlantic Economic Conference in Madrid, Spain on April 5th, 2014 For more information on conference and publication opportunities please visit our website at www.iaes.org or email us at iaes@iaes.org -
7:53euronews interview - PM confident Bulgaria will beat energy dependency
euronews interview - PM confident Bulgaria will beat energy dependencyeuronews interview - PM confident Bulgaria will beat energy dependency
http://www.euronews.com/ Bulgaria's delayed entry into Schengen, the country's energy dependency on Russia and its efforts to counter the economic crisis - Prime minister Boyko Borrisov has been speaking to euronews in an exclusive interview in the capital Sofia. Born in 1959, Borrisov set up a successful private security business before turning to politics. He was mayor of Sofia before becoming prime minister of the centre-right government. Hans Von Der Brelie, Euronews: "Prime Minister, the watchdog of free competition, the European Commission, has started investigations into Gazprom. Is the Russian gas supplier complying or not to fair competition in Bulgaria?" Boyko Borrisov: "Bulgaria was one of the EU countries most affected by the gas crisis. Back then, I was mayor of Sofia. The temperature was between 15 and 12 degrees below zero. We spent 10 to 15 days without gas and no one helped us. "We are assisting the European Commission with its investigation into Gazprom. Bulgargas and Bulgartransgas handed over all the relevant documents to the Commission a few months ago. "Meanwhile we learned our lesson. That's why we have now built a gas pipeline interconnection with Romania. The interconnection with Greece is at a very advanced stage and will be completed in a month or two. "Construction work on an interconnector with Turkey and a link to Serbia is about to start. "However, the greatest source of energy diversification for Bulgaria is the oil and gas deposits in the Black Sea. "I am confident that Bulgaria will successfully diversify its energy supplies within three to four years." HVDB, Euronews: "I will rephrase my question: are you still backing the European pipeline project Nabucco or is Nabucco dead? Are you backing the Russian project South Stream?" Boyko Borissov: "I hadn't expected this question, but as it happens, over there, on my desk, there should be a map. This map is an answer to your question. This is Bulgaria, and here you can see how we will ensure diversification of our energy sources. Here lie the prospective gas supplies. This area will supply Bulgaria with gas. And there you have the Russian "South Stream" pipeline project. "That is the Turkish Tanap pipeline and the Nabucco project, and the Asian gas coming from the Shah Deniz gas field will follow this route. My finger is pointing at what we are building at the moment. "Why we are doing this? It is very important that the Turkish Tanap-pipeline reaches Bulgaria and that Nabucoo-West and the South East Europe Pipeline move closer to Europe. "The other route, the Trans Adriatic Pipeline, is a link to Italy, that is why we are doing our best so that both Nabucco West and the SEEP move ahead. "Regarding the Nabucco project, Bulgaria has done all it can: the parliament approved its construction. We have signed all the documents that are required and we can start construction work tomorrow if necessary. I am looking forward to the launch of the Nabucco project." HVDB, Euronews: "Given that we are talking about geography, Bulgaria is very much exposed to Greece and its economic problems: What are the consequences of these Greek problems on the Bulgarian economy?" Boyko Borrisov: "Greece is a good neighbour and friend. However, the EU was very harsh with Bulgaria and Romania, but was very tolerant towards Greece. And right now, we are all suffering from this tolerance. The most important thing is to meet the Maastricht criteria, they have to be respected. "What has Bulgaria done, so far, in the past three years? We have carried out a pension reform. We have increased the retirement age and frozen pensions and salaries. "Our budget deficit currently stands at 1.2 percent, and foreign debt is at 14 percent. Inflation is at zero percent. "The only other EU countries whose economic performance is anywhere near ours are Denmark and Finland." HVDB, Euronews: "So are you ready for the European single currency, the euro? Your finance minister just said that Bulgaria will postpone euro membership. Can you confirm this?" Boyko Borrisov: "While Bulgaria complies with the Maastricht criteria and, along with Germany, adopts the deficit reduction procedures, other countries are not complying with these criteria. Why is that? "What justifies such populism and nationalism against those who are on the right path? They should concentrate on sorting out their own financial problems instead. Find us on: Youtube http://bit.ly/zr3upY Facebook http://www.facebook.com/euronews.fans Twitter http://twitter.com/euronews -
5:01Made in Germany | Estonia: Joining the Euro-Zone in 2011? | Deutsche Welle
Made in Germany | Estonia: Joining the Euro-Zone in 2011? | Deutsche WelleMade in Germany | Estonia: Joining the Euro-Zone in 2011? | Deutsche Welle
Estonia is the only candidate for adopting the euro currency in 2011. The euro offers the Baltic country its only chance of overcoming the devaluation of the krone and stimulating growth.The governments rigorous measures have reduced the budget deficit to fulfill the Maastricht criteria for joining the EUs common currency. But there are also critics of the euro in Estonia. Report by Karl Harenbrock. -
6:15The European Financial Crisis
The European Financial CrisisThe European Financial Crisis
The European debt crisis (often also referred to as the Eurozone crisis or the European sovereign debt crisis) is a multi-year debt crisis that has taken place in several eurozone member states since the end of 2009. These states were unable to repay or refinance their government debt or to bail-out over-indebted banks under their national supervision without the assistance of third parties like the EFSF, the ECB, or the IMF. The European debt crisis erupted in the wake of the Great Recession around late 2009, and was characterized by an environment of overly high government structural deficits and accelerating debt levels. The states getting adversely hit by the crisis, faced a strong rise of interest rate spreads for government bonds, as a result of investor concerns about their future debt sustainability, to the extent that four eurozone states needed to be rescued by sovereign bailout programs, delivered jointly by the International Monetary Fund and European Commission - with additional support at the technical level by the European Central Bank. Together these three international organisations representing the bailout creditors, became nicknamed "the Troika". In 1992, members of the European Union signed the Maastricht Treaty, under which they pledged to limit their deficit spending and debt levels. However, in the early 2000s, some EU member states were failing to stay within the confines of the Maastricht criteria and turned to securitising future government revenues to reduce their debts and/or deficits, sidestepping best practice and ignoring international standards. This allowed the sovereigns to mask their deficit and debt levels through a combination of techniques, including inconsistent accounting, off-balance-sheet transactions, and the use of complex currency and credit derivatives structures. From late 2009 on, after Greece's new elected government stopped masking its true indebtness and budget deficit, fears of sovereign defaults in certain European states developed in the public. This led to a wave of downgrading the government debts of these states. The detailed causes for running unsustainable budget deficits and debt levels varied by crisis country. In several countries, private debts arising from a property bubble were transferred to sovereign debt as a result of banking system bailouts and government responses to slowing economies post-bubble. In Greece, high public sector wage and pension commitments were connected to the debt increase. The structure of the eurozone as a currency union (i.e., one currency) without fiscal union (e.g., different tax and public pension rules) contributed to the crisis and harmed the ability of European leaders to respond. European banks own a significant amount of sovereign debt, such that concerns regarding the solvency of banking systems or sovereigns are negatively reinforcing. Concerns intensified in early 2010 and thereafter, leading European nations to implement a series of financial support measures such as the European Financial Stability Facility (EFSF) and European Stability Mechanism (ESM). When the relatively fragile banking sector, as a negative repercussion of the Great Recession had suffered big capital losses, most states in Europe had to bailout several of their worst hit banks with some supporting recapitalization loans, because of the strong linkage between their survival and the financial stability of the economy. As of January 2009, a group of 10 central and eastern European banks had already asked for a bailout. At the time, the European Commission released a forecast of a 1.8% decline in EU economic output for 2009, making the outlook for the banks even worse. The many public funded bank recapitalizations, were one of the main reasons behind the sharply deteriorated debt-to-GDP ratios experienced by several European governments in the wake of the Great Recession, but can not solely be blamed for having caused eruption of the subsequently experienced sovereign debt-crisis - which only erupted in a limited number of European states. The main root causes for the four sovereign debt crisis erupting in Europe, were reportedly a mix of: Weak actual and potential growth; competitive weakness; liquidation of banks and sovereigns; large pre-existing debt-to-GDP ratios; and considerable liability stocks (government, private, and non-private sector). More information: https://en.wikipedia.org/wiki/European_debt_crisis -
5:37Poland and the EU - Is the Euro on its Way? | Made in Germany
Poland and the EU - Is the Euro on its Way? | Made in GermanyPoland and the EU - Is the Euro on its Way? | Made in Germany
For years, every Polish government included the introduction of the euro among its stated goals. But now that some eurozone economies have been put on life support, the common currency has lost its shine in Poland. By holding on to the zloty, policymakers believe they can prevent the eurozone's woes from infecting their country.Currently Poland is doing perfectly well with the zloty. The Polish currency isn't pegged to the euro and can be appreciate or be devalued as needed. Warsaw has put introducing the euro on the back burner. Hardly any effort is being made to meet the Maastricht Criteria for eurozone membership. Report by Karl Harenbrock. -
2:33GERMANY: BONN: FINANCE MINISTER THEO WAIGEL PRESS CONFERENCE
GERMANY: BONN: FINANCE MINISTER THEO WAIGEL PRESS CONFERENCEGERMANY: BONN: FINANCE MINISTER THEO WAIGEL PRESS CONFERENCE
German/Nat German finance minister Theo Waigel denied reports on Thursday that Germany would have to sell gold reserves to cover a tax revenue shortfall of 18 (b) billion marks (10.6 (b) billion dollars) in the country. But Waigel said he is considering a budget freeze and other measures to help cover the shortfall in order to meet the criteria set for joining monetary union in 1999. At a news conference in Bonn on Thursday, German Finance Minister Theo Waigel said Germany will do all that is necessary to ensure that it meets criteria set down for qualifying for the planned single European currency. Earlier, Waigel's office announced that tax revenues for Germany's federal, state and local governments were short of earlier projections. SOUNDBITE: (German) "We have a shortfall in tax revenue of 18 (b) billion d marks of which 9.1(b) billion d marks comes out of the national level. This calls for financial, political decisions. A too high rise in public credits would damage the trust of the markets and lead to higher interest and currency exchange turbulence. This is what we want to avoid." SUPER CAPTION: Theo Waigel, German Finance Minister He stressed that Germany would not take any action which could harm Germany's financial security. SOUNDBITE: (German) I want to make it very clear that we are not thinking of selling any gold, hard currency or reserves but we are thinking that a big part of it should be reevaluated to improve the basic capital of the Bundesbank. And that by law we've put into place financial support." SUPER CAPTION: Theo Waigel, German Finance Minister Even before Thursday's announcement of the tax shortfall, the country's leading economic institutes had said Germany's budget deficit might surpass the 3 per cent limit, but Waigel was confident Germany would qualify. SOUNDBITE: (German) Looking at our overall economic deficit with regard to meeting the Maastricht criteria we will reach the three per cent." SUPER CAPTION: Theo Waigel, German Finance Minister The F-D-P (German Liberal Party) spokesman Guido Westerwelle said reducing unemployment would increase tax revenue and strengthen economic growth. SOUNDBITE: (German) "We must lower the tax burden that is holding back growth so that the economy can regain its lost strength. We must enable more people to find jobs. Those without jobs cannot pay taxes." SUPER CAPTION: Guido Westerwelle, F-D-P spokesman Waigel said privatisation measures were being considered, and that a budget freeze could not be ruled out. Measures to reduce the shortfall will have to be taken to ensure that Germany meets the criteria for joining E-M-U, as set out in the Maastricht Treaty. You can license this story through AP Archive: http://www.aparchive.com/metadata/youtube/1f67e13d35317b39f43ef5b433bf9875 Find out more about AP Archive: http://www.aparchive.com/HowWeWork -
2:55EBU Lithuania GOOD
EBU Lithuania GOODEBU Lithuania GOOD
DOPESHEET: The Lithuanian government approved Euro introduction plan that calls for setting up strategic and coordination commissions and working groups. At the strategic level, a commission for the introduction of the euro in Lithuania will be established, with the Prime Minister as its chairman. At the coordination level, a large working group will be headed by the finance minister. At least six expert working groups will also be set up. Lithuania aims to join the Euro zone in 2015. In order to meet the Maastricht criteria for Euro adoption, Lithuania still has to make progress in fiscal discipline and inflation control, both tasks were promised to perform by the new centre-left government. Budget deficit is still couple of tens above the required 3 per cent and average annual inflation rate was 3.1 percent in January, above the Maastricht limit of 2.8 percent. To qualify for euro entry in 2015, the country must meet the Maastricht price stability criterion at the end of this year. Lithuania's bid to join the euro in 2007 was rejected because its inflation exceeded the Maastricht limit. Long term interest rate and debt-to-GDP ratio meanwhile meets the requirements. Recent opinion polls conducted by Vilmorus showed that 28 percent respondents agree to join the Euro zone in 2015. 52 percent are against. A possible rise in price level is among the biggest fears in society. Government pledged to avoid situations when prices are raised using the ambiguous situations related with changing rates from Litas to Euros and to educate society about benefit of adopting Euro. From 2 February 2002, the Litas has been pegged to the Euro at a fixed exchange rate of LTL 3.4528 for EUR 1. SHOTLIST: Vs from the goverment meeting Soundbite (Lithuanian), ALGIRDAS BUTKEVICIUS, Lithuanian Prime Minister: Business and public organizations will be embraced into working groups. And of course communication is very important, providing education to the society why Lithuania needs Euro. More of the government meeting Soundbite (Lithuanian), RIMANTAS SADZIUS, Lithuanian Minister of Finances: The main threat to business was to overestimate their capabilities when the credit became cheaper and in some countries business spent that easier money maybe not in the appropriat. The second bigest fear of society, that is obvious, the fear that prices will increase considerably. We should also negotiate with bussiness, it is planned to sign some kind of agreement between the state and bussiness asociations and big individual companies, to follow some kind of good behaviour rules. Vs of people in the streets Soundbite (Lithuanian), man: Why we need it? We are poor men, and after euro adoption we will be even poorer. Sounbite (Lithuanian), man: Of course we need it. It will be more comfortable for the people, because the movement of people is now free, so why we have to do all those money exchanges? Sounbite (Lithuanian), woman: They will transfer less Euros than Litas. (Reporter notices that the prices will be lower as well). No. Prices will not be lower for sure. It's a fact. More of walking people -
2:34GERMANY: GOVERNMENT ANNOUNCE MEASURES TO REVIVE ECONOMY
GERMANY: GOVERNMENT ANNOUNCE MEASURES TO REVIVE ECONOMYGERMANY: GOVERNMENT ANNOUNCE MEASURES TO REVIVE ECONOMY
German/Nat The German government has announced a series of measures - including tax cuts - to revive its sluggish economy. The German Economics Minister describes the package - which also includes steps to reduce unemployment - as a "multi vitamin" for his country. Germany still hopes to conform with the guidelines for European Monetary Union. There's been growing concern about how many E-U countries will meet the criteria for a single currency in 1999. It was a meeting of Germany's top economic policy makers-- among them Economics Minister Guenter Rexrodt, Employment Minister Norbert Bluem and Finance Minister Theo Waigel. They had some serious issues to consider. The slow growth experienced for the last two years is expected to continue in 1996. And with an unemployment rate of about 10 percent, creating jobs is one of Germany's biggest challenges. The ministers emerged with reassurances and a complex plan. Economics Minister Guenter Rexrodt says Germany is not in a recession. And the government has pledged to cut the unemployment rate in half by 2000. Toward that end, Rexrodt says social welfare costs born by employers will be reduced, and taxes on new and small businesses will be eased. There'll also be cuts in the number of federal workers and accelerated privatization of state-owned companies. In addition, the tax code will be vastly reformed and simplified by 2000. SOUNDBITE: (German) "The main problem we have to deal with is unemployment." SUPER CAPTION: Norbert Bluem, Employment Minister Waigel refers to the Maastricht criteria-- a treaty agreed to in Maastricht, Netherlands in 1991 on European economic and other integration. SOUNDBITE: (German) "During the next few weeks we will have to lead difficult talks on consolidation with the federal states and the communities, with the aim of establishing a national practice of stability in order to reduce deficits and fulfill Maastricht." SUPER CAPTION: Theo Waigel, Finance Minister Rexrodt says the government sees real growth in gross domestic product (G-D-P) of 1.5 percent for the full year. That would be down from 1.9 per cent G-D-P expansion last year and 2.9 percent in 1994. SOUNDBITE: (German) "Despite a pause in growth in the second half of 1995, and beginning 1996 much worse than we expected to; there can be no talk of recession. On the contrary; along with all other institutions we expect a substantial increase in growth during the coming year." SUPER CAPTION: Guenter Rexrodt, Economics Minister If the German government can not cope with the challenges the economy faces it could fall behind in its ability to meet the strict criteria for joining into joint European economic union by 1999. And this raises more doubts about the timetable for a single European currency, known as the Euro. You can license this story through AP Archive: http://www.aparchive.com/metadata/youtube/b569bdaf2274952b3da30ec5dc748170 Find out more about AP Archive: http://www.aparchive.com/HowWeWork -
3:16PM on negotiations for accession to the EU, incident with Armenian journalist
PM on negotiations for accession to the EU, incident with Armenian journalistPM on negotiations for accession to the EU, incident with Armenian journalist
1. Wide of Turkish Prime Minister RecepTayyip Erdogan approaching microphones before his speech at the News Exchange Meeting (regular briefing with journalists) 2. Close-up of delegates 3. SOUDBITE (Turkish) RecepTayyip Erdogan, Turkish Prime Minister: "Don't ask us for things that aren't part of the programme. You wanted us to do everything that was required by the Copenhagen political criteria and we did it. Now all of the Maastricht Criteria chapters are in the open and we're doing those too. Ask us for these things and if we do them, show us an honest and sincere approach." 4. Delegates listening to Erdogan 5. Erdogan listening to question from Armenian journalist, UPSOUND (English) "Why was the member of Turkish Ottoman parliament, Grekor Zorop, Armenian writer, why, arrested and killed on April 24, 1915 (goes on to mention other people)....because they were Armenian, only for that (reason). In the context of our discussion today and speeches of Mr Prime Minister, Mr Prime Minister speaks about the role of Turkey in the region and neighbour and I want to take this opportunity to call on the Turkish civil society, to my colleagues, to journalists, the Turkish government to recognise the Armenian ....(is interrupted)." 6. SOUDBITE (Turkish) RecepTayyip Erdogan, Turkish Prime Minister: "I see again that it's not relying on the documents. I see again that you're talking according what is written in books by the diaspora. Look, I am clearly daring you, tell your president that if he can open your archives, let them be opened, we opened ours." 6. Armenian journalist and one of Erdogan's security personnel 7. Wide shot of meeting 8. Erdogan's security approaches Armenian journalist, Gegham Manukyan, and takes his bag, tilt down to bag 10. Various Gegham Manukyan speaking with other journalists UPSOUND (English): "Turkey must have the courage to recognise the Armenian genocide." 11. Cameras and Manukyan STORYLINE: Turkish Prime Minister RecepTayyip Erdogan attended a conference of media representatives in Istanbul on Friday, answering questions about Turkey's European Union membership bid. During the briefing he was asked by an Armenian journalist why his country did not recognise the mass killings of up to 1.5 (m) million Armenians from 1915 to 1919 as genocide. "Turkey must have the courage to recognise the Armenian genocide," Gegham Manukyan said as he was led away by a member of Erdogan's security team. Manukyan had reportedly been preparing to unfurl a banner during the news briefing but was persuaded not to by colleagues. Armenia accuses Turkey of massacring Armenians during World War I, when Armenia was under the Ottoman Empire. Turkey says Armenians were killed in civil unrest during the collapse of the empire. Turkey acknowledges that great numbers of Armenians were killed in fighting and mass expulsions, but does not accept the label of genocide. You can license this story through AP Archive: http://www.aparchive.com/metadata/youtube/0906b5d9ae62568d52b10495b3a789c3 Find out more about AP Archive: http://www.aparchive.com/HowWeWork
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EU Maastricht criteria - a definition
Economic conditions that a country must meet before it can adopt the euro, for example managing its level of debt and its interest rates and being able to keep stable the price of goods and services and the price of exchanging its currency. -
Maastricht Treaty
The Maastricht Treaty (formally, the Treaty on European Union or TEU) undertaken to integrate Europe was signed on 7 February 1992 by the members of the European Community in Maastricht, Netherlands. On 9–10 December 1991, the same city hosted the European Council which drafted the treaty. Upon its entry into force on 1 November 1993 during the Delors Commission, it created the European Union and led to the creation of the single European currency, the euro. The Maastricht Treaty has been amended by the treaties of Amsterdam, Nice and Lisbon. This video is targeted to blind users. Attribution: Article text available under CC-BY-SA Creative Commons image source in video -
Ekonomikas ABC: Māstrihtas kritēriji - deficīts, parāds
Infografika -
GERMANY: ECONOMY THREATENS THE SINGLE EUROPEAN CURRENCY
German/Nat Fears a single European currency will miss its target date are growing amid concern over the state of the German economy. Germany has now joined the list of countries which don't fulfil the criteria for monetary union - and could miss the 1999 deadline. And the chief economist of the German central bank says European countries are not preparing properly for the Euro. German workers, who have grown accustomed to the news of increasing unemployment and the threat to their jobs, cannot hope for improvement in the coming year as Germany's economy slides towards recession. Recent offers by union leaders to limit wage increases to the level of inflation seem unlikely to prevent the jobless total reaching four million by early February. This would be ten percent... -
FRANCE: PARIS: DEMONSTRATION AGAINST SINGLE EUROPEAN CURRENCY
French/Nat On the eve of the French parliamentary elections, 4-thousand people have taken to the streets of Paris, to protest against the single European currency and its blueprint - the Maastricht Treaty. The demonstration on Saturday, will be seen as a boost for the right who have pushed free-market reform and austerity measures in a bid to qualify for entry into a single currency. The marchers, mostly Communists and labour union members, set off from the Bastille for a demonstration through Paris. Communist Trade Unionists organised Saturday's march - a protest against the European single currency on the eve of the second round of French parliamentary elections. The ruling centre-right coalition was given a severe rebuke by the voters in the first round of the poll la... -
Plenary Symposium- Angelo Santagostino
Plenary Symposium: The Public Debt and Monetary Stability Angelo Santagastino, Yildirim Beyazit University---Turkey: "Einaudi, EU Competencies, Fiscal Policy and the Missing Maastricht Criteria" Presented at the 77th International Atlantic Economic Conference in Madrid, Spain on April 5th, 2014 For more information on conference and publication opportunities please visit our website at www.iaes.org or email us at iaes@iaes.org -
euronews interview - PM confident Bulgaria will beat energy dependency
http://www.euronews.com/ Bulgaria's delayed entry into Schengen, the country's energy dependency on Russia and its efforts to counter the economic crisis - Prime minister Boyko Borrisov has been speaking to euronews in an exclusive interview in the capital Sofia. Born in 1959, Borrisov set up a successful private security business before turning to politics. He was mayor of Sofia before becoming prime minister of the centre-right government. Hans Von Der Brelie, Euronews: "Prime Minister, the watchdog of free competition, the European Commission, has started investigations into Gazprom. Is the Russian gas supplier complying or not to fair competition in Bulgaria?" Boyko Borrisov: "Bulgaria was one of the EU countries most affected by the gas crisis. Back then, I was mayor of Sofi... -
Made in Germany | Estonia: Joining the Euro-Zone in 2011? | Deutsche Welle
Estonia is the only candidate for adopting the euro currency in 2011. The euro offers the Baltic country its only chance of overcoming the devaluation of the krone and stimulating growth.The governments rigorous measures have reduced the budget deficit to fulfill the Maastricht criteria for joining the EUs common currency. But there are also critics of the euro in Estonia. Report by Karl Harenbrock. -
The European Financial Crisis
The European debt crisis (often also referred to as the Eurozone crisis or the European sovereign debt crisis) is a multi-year debt crisis that has taken place in several eurozone member states since the end of 2009. These states were unable to repay or refinance their government debt or to bail-out over-indebted banks under their national supervision without the assistance of third parties like the EFSF, the ECB, or the IMF. The European debt crisis erupted in the wake of the Great Recession around late 2009, and was characterized by an environment of overly high government structural deficits and accelerating debt levels. The states getting adversely hit by the crisis, faced a strong rise of interest rate spreads for government bonds, as a result of investor concerns about their future ... -
Poland and the EU - Is the Euro on its Way? | Made in Germany
For years, every Polish government included the introduction of the euro among its stated goals. But now that some eurozone economies have been put on life support, the common currency has lost its shine in Poland. By holding on to the zloty, policymakers believe they can prevent the eurozone's woes from infecting their country.Currently Poland is doing perfectly well with the zloty. The Polish currency isn't pegged to the euro and can be appreciate or be devalued as needed. Warsaw has put introducing the euro on the back burner. Hardly any effort is being made to meet the Maastricht Criteria for eurozone membership. Report by Karl Harenbrock. -
GERMANY: BONN: FINANCE MINISTER THEO WAIGEL PRESS CONFERENCE
German/Nat German finance minister Theo Waigel denied reports on Thursday that Germany would have to sell gold reserves to cover a tax revenue shortfall of 18 (b) billion marks (10.6 (b) billion dollars) in the country. But Waigel said he is considering a budget freeze and other measures to help cover the shortfall in order to meet the criteria set for joining monetary union in 1999. At a news conference in Bonn on Thursday, German Finance Minister Theo Waigel said Germany will do all that is necessary to ensure that it meets criteria set down for qualifying for the planned single European currency. Earlier, Waigel's office announced that tax revenues for Germany's federal, state and local governments were short of earlier projections. SOUNDBITE: (German) "We have a shortfa... -
EBU Lithuania GOOD
DOPESHEET: The Lithuanian government approved Euro introduction plan that calls for setting up strategic and coordination commissions and working groups. At the strategic level, a commission for the introduction of the euro in Lithuania will be established, with the Prime Minister as its chairman. At the coordination level, a large working group will be headed by the finance minister. At least six expert working groups will also be set up. Lithuania aims to join the Euro zone in 2015. In order to meet the Maastricht criteria for Euro adoption, Lithuania still has to make progress in fiscal discipline and inflation control, both tasks were promised to perform by the new centre-left government. Budget deficit is still couple of tens above the required 3 per cent and average annual infla... -
GERMANY: GOVERNMENT ANNOUNCE MEASURES TO REVIVE ECONOMY
German/Nat The German government has announced a series of measures - including tax cuts - to revive its sluggish economy. The German Economics Minister describes the package - which also includes steps to reduce unemployment - as a "multi vitamin" for his country. Germany still hopes to conform with the guidelines for European Monetary Union. There's been growing concern about how many E-U countries will meet the criteria for a single currency in 1999. It was a meeting of Germany's top economic policy makers-- among them Economics Minister Guenter Rexrodt, Employment Minister Norbert Bluem and Finance Minister Theo Waigel. They had some serious issues to consider. The slow growth experienced for the last two years is expected to continue in 1996. And with an une... -
PM on negotiations for accession to the EU, incident with Armenian journalist
1. Wide of Turkish Prime Minister RecepTayyip Erdogan approaching microphones before his speech at the News Exchange Meeting (regular briefing with journalists) 2. Close-up of delegates 3. SOUDBITE (Turkish) RecepTayyip Erdogan, Turkish Prime Minister: "Don't ask us for things that aren't part of the programme. You wanted us to do everything that was required by the Copenhagen political criteria and we did it. Now all of the Maastricht Criteria chapters are in the open and we're doing those too. Ask us for these things and if we do them, show us an honest and sincere approach." 4. Delegates listening to Erdogan 5. Erdogan listening to question from Armenian journalist, UPSOUND (English) "Why was the member of Turkish Ottoman parliament, Grekor Zorop, Armenian writer, why, arrested... -
The European Debt Crisis and the Threat to the U.S. Economy: Federal Reserve & Treasury (2012)
The Eurozone crisis (often referred to as the Euro crisis) is an ongoing crisis that has been affecting the countries of the Eurozone since late 2009. It is a combined sovereign debt crisis, a banking crisis and a growth and competitiveness crisis. The crisis made it difficult or impossible for some countries in the euro area to repay or re-finance their government debt without the assistance of third parties. Moreover, banks in the Eurozone are undercapitalized and have faced liquidity problems. Additionally, economic growth is slow in the whole of the Eurozone and is unequally distributed across the member states. In 1992, members of the European Union signed the Maastricht Treaty, under which they pledged to limit their deficit spending and debt levels. However, in the early 2000s, a ... -
Lithuania hopes to join Euro by 2015
Lithuania's chances of joining the Euro in 2015 will depend on whether it manages to comply with the Maastricht criterion on budget deficit. -
What is The Harmonized Index of Consumer Prices?
The HICPs give comparable measures of inflation in the eurozone, the EU, the European Economic Area and for other countries including accession and candidate countries. They are calculated according to a harmonized approach and a single set of definitions. They provide the official measure of consumer price inflation in the euro-zone for the purposes of monetary policy in the euro area and assessing inflation convergence as required under the Maastricht criteria. The Harmonized Index of Consumer Prices (HICP) is produced by each European Union member state to help measure inflation and to guide the European Central Bank in formulating monetary policy. The HICP is also used as the basis of the European Index of Consumer Prices, which is weighted toward household expenditures. By Barry Nor... -
Cecilia Nahon: Argentina vs the Vultures
During the 1990s, Argentina had been the poster child for Neoliberal policies—they adopted virtually the whole of the so-called “Washington Consensus” agenda lock-stock-and-barrel. They even adopted a currency board. And unlike Euroland (which also adopted something like a currency board as each member adopted a foreign currency—the euro), Argentina would have consistently met the tight Maastricht criteria on budget deficits and debts over that period. The main purpose of the austere budgets and currency board constraints was to kill high inflation. It worked. But, over that period unemployment grew and GDP growth was moderate. And because the peg was sold to the Argentinean public as “inviolable” it created great incentives to accumulate a lot of foreign debt, particularly dollar denomin... -
Nikki tells EU say you're wrong and dismantle this project
Mr President I notice the word competent is missing from the title of this debate. For competence and financial probity are strangers to this project. ... The very foundations of the euro were dug up when the commission allowed member states to ignore the convergence criteria of Maastricht. For we all know that this is a political project not an economic one and political expediency will always prevail over sound economic rules. What do you care about the ordinary person on the street, the EU has shown its utter contempt and arrogance on the detrimental effect your deluded economic policies have on their lives. Maastricht had only four criteria that you negligently brushed aside and now your proposing a `six-pack` This exercise will fail and expose the soft underbelly of E... -
GERMANY: GOVERNMENT TRY TO DIFFUSE DISPUTE WITH CENTRAL BANK
English/Nat The German government is trying to diffuse a dispute between the Finance ministry and the powerful German central bank. A plan by the German Finance Minister to revalue the nation's gold reserves as part of its efforts to qualify for the planned European single currency has been sharply criticised by the central bank. But on Friday, members of the centre-right government insisted that the central bank was opposed only to the timing of the revaluation. Financial experts blame the ongoing dispute in part for Friday's fall of the German stock market. Frankfurt, Germany's financial centre, on Friday felt the reverberations of the highly public dispute between Finance Minister Theo Waigel and the head of the central bank, Hans Tietmeyer. Waigel's suggest... -
The Global Financial Crisis: Eurozone Debt, European Central Bank, Global Economy (2011)
The European debt crisis (often also referred to as the Eurozone crisis or the European sovereign debt crisis) is an ongoing multi-year long debt crisis taking place in a handful of eurozone member states since end of 2009. These states were unable to repay or refinance their government debt or to bail-out over-indebted banks under their national supervision without the assistance of third parties like the EFSF, the ECB, or the IMF. The European debt crisis erupted in the wake of the Great Recession around late 2009, and was characterized by an environment of overly high government structural deficits and accelerating debt levels. The states getting adversely hit by the crisis, faced a strong rise of interest rate spreads for government bonds, as a result of investor concerns about their ... -
EBU Lithuania Euro banknotes
DOPESHEET Lithuania has welcomed the third and the final shipment of Euro banknotes flown from Germany and will start to use Euro on the 1 of January. The Central Bank has confirmed that the entire amount of Euro banknotes for Lithuania - some 132 million banknotes weighing 114 tons - has been safely delivered to the vaults of the Bank of Lithuania. This is the largest shipment of cash that was ever sent to Lithuania. Just as two previous shipments the third one was delivered during rush hours without any announcement in order to maintain absolute security. Helicopter and snipers on the roofs have accompanied the cargo all the way round to the vault of Lithuanian Central Bank. Lithuania will use Euro from the 1 of January in 2015. European Commission and European Union council have a... -
Hungary Budapest view from the Bus
Hungary is a landlocked country in Central Europe. It is situated in the Carpathian Basin and is bordered by Slovakia to the north, Ukraine and Romania to the east, Serbia and Croatia to the south, Slovenia to the southwest and Austria to the west. The country's capital and largest city is Budapest. Hungary is a member of the European Union, NATO, the OECD, the Visegrád Group, and the Schengen Area. The official language is Hungarian, which is the most widely spoken non-Indo-European language in Europe. Following centuries of successive habitation by Celts, Romans, Huns, Slavs, Gepids, and Avars, the foundation of Hungary was laid in the late 9th century by the Hungarian grand prince Árpád in the Honfoglalás ("homeland-conquest"). His great-grandson Stephen I ascended to the throne in 100...
EU Maastricht criteria - a definition
- Order: Reorder
- Duration: 0:17
- Updated: 12 Oct 2010
- views: 873
Economic conditions that a country must meet before it can adopt the euro, for example managing its level of debt and its interest rates and being able to keep ...
Economic conditions that a country must meet before it can adopt the euro, for example managing its level of debt and its interest rates and being able to keep stable the price of goods and services and the price of exchanging its currency.
wn.com/Eu Maastricht Criteria A Definition
Economic conditions that a country must meet before it can adopt the euro, for example managing its level of debt and its interest rates and being able to keep stable the price of goods and services and the price of exchanging its currency.
- published: 12 Oct 2010
- views: 873
Maastricht Treaty
- Order: Reorder
- Duration: 7:59
- Updated: 10 Oct 2014
- views: 1478
The Maastricht Treaty (formally, the Treaty on European Union or TEU) undertaken to integrate Europe was signed on 7 February 1992 by the members of the Europea...
The Maastricht Treaty (formally, the Treaty on European Union or TEU) undertaken to integrate Europe was signed on 7 February 1992 by the members of the European Community in Maastricht, Netherlands. On 9–10 December 1991, the same city hosted the European Council which drafted the treaty. Upon its entry into force on 1 November 1993 during the Delors Commission, it created the European Union and led to the creation of the single European currency, the euro. The Maastricht Treaty has been amended by the treaties of Amsterdam, Nice and Lisbon.
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wn.com/Maastricht Treaty
The Maastricht Treaty (formally, the Treaty on European Union or TEU) undertaken to integrate Europe was signed on 7 February 1992 by the members of the European Community in Maastricht, Netherlands. On 9–10 December 1991, the same city hosted the European Council which drafted the treaty. Upon its entry into force on 1 November 1993 during the Delors Commission, it created the European Union and led to the creation of the single European currency, the euro. The Maastricht Treaty has been amended by the treaties of Amsterdam, Nice and Lisbon.
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Attribution:
Article text available under CC-BY-SA
Creative Commons image source in video
- published: 10 Oct 2014
- views: 1478
Ekonomikas ABC: Māstrihtas kritēriji - deficīts, parāds
- Order: Reorder
- Duration: 1:06
- Updated: 06 Jun 2012
- views: 325
Infografika
Infografika
wn.com/Ekonomikas Abc Māstrihtas Kritēriji Deficīts, Parāds
Infografika
- published: 06 Jun 2012
- views: 325
GERMANY: ECONOMY THREATENS THE SINGLE EUROPEAN CURRENCY
- Order: Reorder
- Duration: 2:50
- Updated: 21 Jul 2015
- views: 56
German/Nat
Fears a single European currency will miss its target date are growing amid concern over the state of the German economy.
Germany has now join...
German/Nat
Fears a single European currency will miss its target date are growing amid concern over the state of the German economy.
Germany has now joined the list of countries which don't fulfil the criteria for monetary union - and could miss the 1999 deadline.
And the chief economist of the German central bank says European countries are not preparing properly for the Euro.
German workers, who have grown accustomed to the news of increasing unemployment and the threat to their jobs, cannot hope for improvement in the coming year as Germany's economy slides towards recession.
Recent offers by union leaders to limit wage increases to the level of inflation seem unlikely to prevent the jobless total reaching four million by early February.
This would be ten percent of the working population.
Germany has had to borrow heavily to finance the huge cost of unification.
To protect the stability of the German mark interest rates have been kept high, increasing the price of German exports and hitting German industry hard.
In 1995 growth in the German economy failed the projected target of 2.9 percent widely.
This in turn lead to tax revenues falling below the expected level and forcing the government to borrow more than planned in order to balance the books.
For the first time, Germany has failed to keep its borrowing levels to within three percent of their Gross Domestic Product (G-D-P), one of the criteria set out by the Maastricht Agreement for establishing a single European currency.
SOUNDBITE:
Germany failed to fulfill at least one of the criteria, namely to hold the budget deficit within three percent of Gross Domestic Product. Germany has failed this criteria, as the deficit lay at three-point-five percent G-D-P.
SUPER CAPTION: Dieter Vesper, German Institute for Economic Studies
The German Government is stuck in a catch 22 situation, caught between the necessity to borrow and keeping money supply low to combat inflation.
The Maastricht criteria and timescale now looks increasingly unlikely to be fulfilled as other countries are also unlikely to fulfill Maastricht.
But in the face of all these problems the German economic minister doesn't see his government in an inextricable situation.
SOUNDBITE:
We know that there are problems with the economy, we are not making the progress we expected, not in the coming year either. Unemployment is high and can only be resolved if we tackle our structural problems, and we are doing that. I've no worries as regards the Maastricht criteria though, we are close to targets, the government has done it's part and in '96 we will with absolute certainty, comply with the Maastricht regulations.
SUPER CAPTION: Guenter Rexrodt, German Economics minister
His confidence, however, is not shared by all and not supported by projections from leading economic experts.
SOUNDBITE:
I believe that public spending will push Germany out of the criteria again, next year. We project that the budget deficit will be above three percent of G-D-P, we estimate a figure of three-point-two percent. That means of course, that the Maastricht criteria will not be met.
SUPER CAPTION: Dieter Vesper, German Institute fro Economic Studies
The Maastricht Agreement requires all aspirants of monetary union to fulfill its criteria for two consecutive years before introduction in 1999.
The difficulties being experienced by European economies are casting doubt on this timetable and indeed the whole concept of European monetary union.
You can license this story through AP Archive: http://www.aparchive.com/metadata/youtube/ec17abbfa82920f94646e6505484a386
Find out more about AP Archive: http://www.aparchive.com/HowWeWork
wn.com/Germany Economy Threatens The Single European Currency
German/Nat
Fears a single European currency will miss its target date are growing amid concern over the state of the German economy.
Germany has now joined the list of countries which don't fulfil the criteria for monetary union - and could miss the 1999 deadline.
And the chief economist of the German central bank says European countries are not preparing properly for the Euro.
German workers, who have grown accustomed to the news of increasing unemployment and the threat to their jobs, cannot hope for improvement in the coming year as Germany's economy slides towards recession.
Recent offers by union leaders to limit wage increases to the level of inflation seem unlikely to prevent the jobless total reaching four million by early February.
This would be ten percent of the working population.
Germany has had to borrow heavily to finance the huge cost of unification.
To protect the stability of the German mark interest rates have been kept high, increasing the price of German exports and hitting German industry hard.
In 1995 growth in the German economy failed the projected target of 2.9 percent widely.
This in turn lead to tax revenues falling below the expected level and forcing the government to borrow more than planned in order to balance the books.
For the first time, Germany has failed to keep its borrowing levels to within three percent of their Gross Domestic Product (G-D-P), one of the criteria set out by the Maastricht Agreement for establishing a single European currency.
SOUNDBITE:
Germany failed to fulfill at least one of the criteria, namely to hold the budget deficit within three percent of Gross Domestic Product. Germany has failed this criteria, as the deficit lay at three-point-five percent G-D-P.
SUPER CAPTION: Dieter Vesper, German Institute for Economic Studies
The German Government is stuck in a catch 22 situation, caught between the necessity to borrow and keeping money supply low to combat inflation.
The Maastricht criteria and timescale now looks increasingly unlikely to be fulfilled as other countries are also unlikely to fulfill Maastricht.
But in the face of all these problems the German economic minister doesn't see his government in an inextricable situation.
SOUNDBITE:
We know that there are problems with the economy, we are not making the progress we expected, not in the coming year either. Unemployment is high and can only be resolved if we tackle our structural problems, and we are doing that. I've no worries as regards the Maastricht criteria though, we are close to targets, the government has done it's part and in '96 we will with absolute certainty, comply with the Maastricht regulations.
SUPER CAPTION: Guenter Rexrodt, German Economics minister
His confidence, however, is not shared by all and not supported by projections from leading economic experts.
SOUNDBITE:
I believe that public spending will push Germany out of the criteria again, next year. We project that the budget deficit will be above three percent of G-D-P, we estimate a figure of three-point-two percent. That means of course, that the Maastricht criteria will not be met.
SUPER CAPTION: Dieter Vesper, German Institute fro Economic Studies
The Maastricht Agreement requires all aspirants of monetary union to fulfill its criteria for two consecutive years before introduction in 1999.
The difficulties being experienced by European economies are casting doubt on this timetable and indeed the whole concept of European monetary union.
You can license this story through AP Archive: http://www.aparchive.com/metadata/youtube/ec17abbfa82920f94646e6505484a386
Find out more about AP Archive: http://www.aparchive.com/HowWeWork
- published: 21 Jul 2015
- views: 56
FRANCE: PARIS: DEMONSTRATION AGAINST SINGLE EUROPEAN CURRENCY
- Order: Reorder
- Duration: 1:01
- Updated: 21 Jul 2015
- views: 6
French/Nat
On the eve of the French parliamentary elections, 4-thousand people have taken to the streets of Paris, to protest against the single European cu...
French/Nat
On the eve of the French parliamentary elections, 4-thousand people have taken to the streets of Paris, to protest against the single European currency and its blueprint - the Maastricht Treaty.
The demonstration on Saturday, will be seen as a boost for the right who have pushed free-market reform and austerity measures in a bid to qualify for entry into a single currency.
The marchers, mostly Communists and labour union members, set off from the Bastille for a demonstration through Paris.
Communist Trade Unionists organised Saturday's march - a protest against the European single currency on the eve of the second round of French parliamentary elections.
The ruling centre-right coalition was given a severe rebuke by the voters in the first round of the poll last weekend - a result that reflected widespread disenchantment with the government's drive to meet the Maastricht criteria. The tough economic criteria for membership of the single currency has led the right to impose free-market reform and an austerity programme - which has accelerated job losses across the country.
SOUNDBITE: (French)
"The problem is there are no more rights for workers - what we have is deregulation, flexibility and no job security for the young."
SUPER CAPTION: Voxpop
Much of the outcry was directed at the document setting the qualifying criteria - the Maastricht Treaty.
SOUNDBITE: (French)
"Maastricht means deregulation, privatisation, and sackings."
SUPER CAPTION: Voxpop
If the conservatives lose, President Jacques Chirac, who has five years left in his term, will have to share power with a prime minister from the left, probably Socialist leader Lionel Jospin.
The left has campaigned on a platform of youth jobs programmes and a shorter working week with no pay cuts.
The voters make their choice on Sunday.
You can license this story through AP Archive: http://www.aparchive.com/metadata/youtube/6a5983de9076495ab1a8fd584eb70f54
Find out more about AP Archive: http://www.aparchive.com/HowWeWork
wn.com/France Paris Demonstration Against Single European Currency
French/Nat
On the eve of the French parliamentary elections, 4-thousand people have taken to the streets of Paris, to protest against the single European currency and its blueprint - the Maastricht Treaty.
The demonstration on Saturday, will be seen as a boost for the right who have pushed free-market reform and austerity measures in a bid to qualify for entry into a single currency.
The marchers, mostly Communists and labour union members, set off from the Bastille for a demonstration through Paris.
Communist Trade Unionists organised Saturday's march - a protest against the European single currency on the eve of the second round of French parliamentary elections.
The ruling centre-right coalition was given a severe rebuke by the voters in the first round of the poll last weekend - a result that reflected widespread disenchantment with the government's drive to meet the Maastricht criteria. The tough economic criteria for membership of the single currency has led the right to impose free-market reform and an austerity programme - which has accelerated job losses across the country.
SOUNDBITE: (French)
"The problem is there are no more rights for workers - what we have is deregulation, flexibility and no job security for the young."
SUPER CAPTION: Voxpop
Much of the outcry was directed at the document setting the qualifying criteria - the Maastricht Treaty.
SOUNDBITE: (French)
"Maastricht means deregulation, privatisation, and sackings."
SUPER CAPTION: Voxpop
If the conservatives lose, President Jacques Chirac, who has five years left in his term, will have to share power with a prime minister from the left, probably Socialist leader Lionel Jospin.
The left has campaigned on a platform of youth jobs programmes and a shorter working week with no pay cuts.
The voters make their choice on Sunday.
You can license this story through AP Archive: http://www.aparchive.com/metadata/youtube/6a5983de9076495ab1a8fd584eb70f54
Find out more about AP Archive: http://www.aparchive.com/HowWeWork
- published: 21 Jul 2015
- views: 6
Plenary Symposium- Angelo Santagostino
- Order: Reorder
- Duration: 21:19
- Updated: 16 Apr 2014
- views: 111
Plenary Symposium: The Public Debt and Monetary Stability
Angelo Santagastino, Yildirim Beyazit University---Turkey: "Einaudi, EU Competencies, Fiscal Policy a...
Plenary Symposium: The Public Debt and Monetary Stability
Angelo Santagastino, Yildirim Beyazit University---Turkey: "Einaudi, EU Competencies, Fiscal Policy and the Missing Maastricht Criteria"
Presented at the 77th International Atlantic Economic Conference in Madrid, Spain on April 5th, 2014
For more information on conference and publication opportunities please visit our website at www.iaes.org or email us at iaes@iaes.org
wn.com/Plenary Symposium Angelo Santagostino
Plenary Symposium: The Public Debt and Monetary Stability
Angelo Santagastino, Yildirim Beyazit University---Turkey: "Einaudi, EU Competencies, Fiscal Policy and the Missing Maastricht Criteria"
Presented at the 77th International Atlantic Economic Conference in Madrid, Spain on April 5th, 2014
For more information on conference and publication opportunities please visit our website at www.iaes.org or email us at iaes@iaes.org
- published: 16 Apr 2014
- views: 111
euronews interview - PM confident Bulgaria will beat energy dependency
- Order: Reorder
- Duration: 7:53
- Updated: 26 Sep 2012
- views: 4373
http://www.euronews.com/ Bulgaria's delayed entry into Schengen, the country's energy dependency on Russia and its efforts to counter the economic crisis - Prim...
http://www.euronews.com/ Bulgaria's delayed entry into Schengen, the country's energy dependency on Russia and its efforts to counter the economic crisis - Prime minister Boyko Borrisov has been speaking to euronews in an exclusive interview in the capital Sofia.
Born in 1959, Borrisov set up a successful private security business before turning to politics.
He was mayor of Sofia before becoming prime minister of the centre-right government.
Hans Von Der Brelie, Euronews:
"Prime Minister, the watchdog of free competition, the European Commission, has started investigations into Gazprom. Is the Russian gas supplier complying or not to fair competition in Bulgaria?"
Boyko Borrisov:
"Bulgaria was one of the EU countries most affected by the gas crisis. Back then, I was mayor of Sofia. The temperature was between 15 and 12 degrees below zero. We spent 10 to 15 days without gas and no one helped us.
"We are assisting the European Commission with its investigation into Gazprom. Bulgargas and Bulgartransgas handed over all the relevant documents to the Commission a few months ago.
"Meanwhile we learned our lesson. That's why we have now built a gas pipeline interconnection with Romania. The interconnection with Greece is at a very advanced stage and will be completed in a month or two.
"Construction work on an interconnector with Turkey and a link to Serbia is about to start.
"However, the greatest source of energy diversification for Bulgaria is the oil and gas deposits in the Black Sea.
"I am confident that Bulgaria will successfully diversify its energy supplies within three to four years."
HVDB, Euronews:
"I will rephrase my question: are you still backing the European pipeline project Nabucco or is Nabucco dead? Are you backing the Russian project South Stream?"
Boyko Borissov:
"I hadn't expected this question, but as it happens, over there, on my desk, there should be a map. This map is an answer to your question.
This is Bulgaria, and here you can see how we will ensure diversification of our energy sources. Here lie the prospective gas supplies. This area will supply Bulgaria with gas. And there you have the Russian "South Stream" pipeline project.
"That is the Turkish Tanap pipeline and the Nabucco project, and the Asian gas coming from the Shah Deniz gas field will follow this route. My finger is pointing at what we are building at the moment.
"Why we are doing this? It is very important that the Turkish Tanap-pipeline reaches Bulgaria and that Nabucoo-West and the South East Europe Pipeline move closer to Europe.
"The other route, the Trans Adriatic Pipeline, is a link to Italy, that is why we are doing our best so that both Nabucco West and the SEEP move ahead.
"Regarding the Nabucco project, Bulgaria has done all it can: the parliament approved its construction. We have signed all the documents that are required and we can start construction work tomorrow if necessary. I am looking forward to the launch of the Nabucco project."
HVDB, Euronews:
"Given that we are talking about geography, Bulgaria is very much exposed to Greece and its economic problems: What are the consequences of these Greek problems on the Bulgarian economy?"
Boyko Borrisov:
"Greece is a good neighbour and friend.
However, the EU was very harsh with Bulgaria and Romania, but was very tolerant towards Greece. And right now, we are all suffering from this tolerance. The most important thing is to meet the Maastricht criteria, they have to be respected.
"What has Bulgaria done, so far, in the past three years? We have carried out a pension reform. We have increased the retirement age and frozen pensions and salaries.
"Our budget deficit currently stands at 1.2 percent, and foreign debt is at 14 percent. Inflation is at zero percent.
"The only other EU countries whose economic performance is anywhere near ours are Denmark and Finland."
HVDB, Euronews:
"So are you ready for the European single currency, the euro? Your finance minister just said that Bulgaria will postpone euro membership. Can you confirm this?"
Boyko Borrisov:
"While Bulgaria complies with the Maastricht criteria and, along with Germany, adopts the deficit reduction procedures, other countries are not complying with these criteria. Why is that?
"What justifies such populism and nationalism against those who are on the right path? They should concentrate on sorting out their own financial problems instead.
Find us on:
Youtube http://bit.ly/zr3upY
Facebook http://www.facebook.com/euronews.fans
Twitter http://twitter.com/euronews
wn.com/Euronews Interview Pm Confident Bulgaria Will Beat Energy Dependency
http://www.euronews.com/ Bulgaria's delayed entry into Schengen, the country's energy dependency on Russia and its efforts to counter the economic crisis - Prime minister Boyko Borrisov has been speaking to euronews in an exclusive interview in the capital Sofia.
Born in 1959, Borrisov set up a successful private security business before turning to politics.
He was mayor of Sofia before becoming prime minister of the centre-right government.
Hans Von Der Brelie, Euronews:
"Prime Minister, the watchdog of free competition, the European Commission, has started investigations into Gazprom. Is the Russian gas supplier complying or not to fair competition in Bulgaria?"
Boyko Borrisov:
"Bulgaria was one of the EU countries most affected by the gas crisis. Back then, I was mayor of Sofia. The temperature was between 15 and 12 degrees below zero. We spent 10 to 15 days without gas and no one helped us.
"We are assisting the European Commission with its investigation into Gazprom. Bulgargas and Bulgartransgas handed over all the relevant documents to the Commission a few months ago.
"Meanwhile we learned our lesson. That's why we have now built a gas pipeline interconnection with Romania. The interconnection with Greece is at a very advanced stage and will be completed in a month or two.
"Construction work on an interconnector with Turkey and a link to Serbia is about to start.
"However, the greatest source of energy diversification for Bulgaria is the oil and gas deposits in the Black Sea.
"I am confident that Bulgaria will successfully diversify its energy supplies within three to four years."
HVDB, Euronews:
"I will rephrase my question: are you still backing the European pipeline project Nabucco or is Nabucco dead? Are you backing the Russian project South Stream?"
Boyko Borissov:
"I hadn't expected this question, but as it happens, over there, on my desk, there should be a map. This map is an answer to your question.
This is Bulgaria, and here you can see how we will ensure diversification of our energy sources. Here lie the prospective gas supplies. This area will supply Bulgaria with gas. And there you have the Russian "South Stream" pipeline project.
"That is the Turkish Tanap pipeline and the Nabucco project, and the Asian gas coming from the Shah Deniz gas field will follow this route. My finger is pointing at what we are building at the moment.
"Why we are doing this? It is very important that the Turkish Tanap-pipeline reaches Bulgaria and that Nabucoo-West and the South East Europe Pipeline move closer to Europe.
"The other route, the Trans Adriatic Pipeline, is a link to Italy, that is why we are doing our best so that both Nabucco West and the SEEP move ahead.
"Regarding the Nabucco project, Bulgaria has done all it can: the parliament approved its construction. We have signed all the documents that are required and we can start construction work tomorrow if necessary. I am looking forward to the launch of the Nabucco project."
HVDB, Euronews:
"Given that we are talking about geography, Bulgaria is very much exposed to Greece and its economic problems: What are the consequences of these Greek problems on the Bulgarian economy?"
Boyko Borrisov:
"Greece is a good neighbour and friend.
However, the EU was very harsh with Bulgaria and Romania, but was very tolerant towards Greece. And right now, we are all suffering from this tolerance. The most important thing is to meet the Maastricht criteria, they have to be respected.
"What has Bulgaria done, so far, in the past three years? We have carried out a pension reform. We have increased the retirement age and frozen pensions and salaries.
"Our budget deficit currently stands at 1.2 percent, and foreign debt is at 14 percent. Inflation is at zero percent.
"The only other EU countries whose economic performance is anywhere near ours are Denmark and Finland."
HVDB, Euronews:
"So are you ready for the European single currency, the euro? Your finance minister just said that Bulgaria will postpone euro membership. Can you confirm this?"
Boyko Borrisov:
"While Bulgaria complies with the Maastricht criteria and, along with Germany, adopts the deficit reduction procedures, other countries are not complying with these criteria. Why is that?
"What justifies such populism and nationalism against those who are on the right path? They should concentrate on sorting out their own financial problems instead.
Find us on:
Youtube http://bit.ly/zr3upY
Facebook http://www.facebook.com/euronews.fans
Twitter http://twitter.com/euronews
- published: 26 Sep 2012
- views: 4373
Made in Germany | Estonia: Joining the Euro-Zone in 2011? | Deutsche Welle
- Order: Reorder
- Duration: 5:01
- Updated: 24 Feb 2010
- views: 2594
Estonia is the only candidate for adopting the euro currency in 2011. The euro offers the Baltic country its only chance of overcoming the devaluation of the kr...
Estonia is the only candidate for adopting the euro currency in 2011. The euro offers the Baltic country its only chance of overcoming the devaluation of the krone and stimulating growth.The governments rigorous measures have reduced the budget deficit to fulfill the Maastricht criteria for joining the EUs common currency. But there are also critics of the euro in Estonia. Report by Karl Harenbrock.
wn.com/Made In Germany | Estonia Joining The Euro Zone In 2011 | Deutsche Welle
Estonia is the only candidate for adopting the euro currency in 2011. The euro offers the Baltic country its only chance of overcoming the devaluation of the krone and stimulating growth.The governments rigorous measures have reduced the budget deficit to fulfill the Maastricht criteria for joining the EUs common currency. But there are also critics of the euro in Estonia. Report by Karl Harenbrock.
- published: 24 Feb 2010
- views: 2594
The European Financial Crisis
- Order: Reorder
- Duration: 6:15
- Updated: 29 May 2015
- views: 128
The European debt crisis (often also referred to as the Eurozone crisis or the European sovereign debt crisis) is a multi-year debt crisis that has taken place ...
The European debt crisis (often also referred to as the Eurozone crisis or the European sovereign debt crisis) is a multi-year debt crisis that has taken place in several eurozone member states since the end of 2009. These states were unable to repay or refinance their government debt or to bail-out over-indebted banks under their national supervision without the assistance of third parties like the EFSF, the ECB, or the IMF.
The European debt crisis erupted in the wake of the Great Recession around late 2009, and was characterized by an environment of overly high government structural deficits and accelerating debt levels. The states getting adversely hit by the crisis, faced a strong rise of interest rate spreads for government bonds, as a result of investor concerns about their future debt sustainability, to the extent that four eurozone states needed to be rescued by sovereign bailout programs, delivered jointly by the International Monetary Fund and European Commission - with additional support at the technical level by the European Central Bank. Together these three international organisations representing the bailout creditors, became nicknamed "the Troika".
In 1992, members of the European Union signed the Maastricht Treaty, under which they pledged to limit their deficit spending and debt levels. However, in the early 2000s, some EU member states were failing to stay within the confines of the Maastricht criteria and turned to securitising future government revenues to reduce their debts and/or deficits, sidestepping best practice and ignoring international standards. This allowed the sovereigns to mask their deficit and debt levels through a combination of techniques, including inconsistent accounting, off-balance-sheet transactions, and the use of complex currency and credit derivatives structures. From late 2009 on, after Greece's new elected government stopped masking its true indebtness and budget deficit, fears of sovereign defaults in certain European states developed in the public. This led to a wave of downgrading the government debts of these states.
The detailed causes for running unsustainable budget deficits and debt levels varied by crisis country. In several countries, private debts arising from a property bubble were transferred to sovereign debt as a result of banking system bailouts and government responses to slowing economies post-bubble. In Greece, high public sector wage and pension commitments were connected to the debt increase. The structure of the eurozone as a currency union (i.e., one currency) without fiscal union (e.g., different tax and public pension rules) contributed to the crisis and harmed the ability of European leaders to respond. European banks own a significant amount of sovereign debt, such that concerns regarding the solvency of banking systems or sovereigns are negatively reinforcing. Concerns intensified in early 2010 and thereafter, leading European nations to implement a series of financial support measures such as the European Financial Stability Facility (EFSF) and European Stability Mechanism (ESM).
When the relatively fragile banking sector, as a negative repercussion of the Great Recession had suffered big capital losses, most states in Europe had to bailout several of their worst hit banks with some supporting recapitalization loans, because of the strong linkage between their survival and the financial stability of the economy. As of January 2009, a group of 10 central and eastern European banks had already asked for a bailout. At the time, the European Commission released a forecast of a 1.8% decline in EU economic output for 2009, making the outlook for the banks even worse. The many public funded bank recapitalizations, were one of the main reasons behind the sharply deteriorated debt-to-GDP ratios experienced by several European governments in the wake of the Great Recession, but can not solely be blamed for having caused eruption of the subsequently experienced sovereign debt-crisis - which only erupted in a limited number of European states. The main root causes for the four sovereign debt crisis erupting in Europe, were reportedly a mix of: Weak actual and potential growth; competitive weakness; liquidation of banks and sovereigns; large pre-existing debt-to-GDP ratios; and considerable liability stocks (government, private, and non-private sector).
More information: https://en.wikipedia.org/wiki/European_debt_crisis
wn.com/The European Financial Crisis
The European debt crisis (often also referred to as the Eurozone crisis or the European sovereign debt crisis) is a multi-year debt crisis that has taken place in several eurozone member states since the end of 2009. These states were unable to repay or refinance their government debt or to bail-out over-indebted banks under their national supervision without the assistance of third parties like the EFSF, the ECB, or the IMF.
The European debt crisis erupted in the wake of the Great Recession around late 2009, and was characterized by an environment of overly high government structural deficits and accelerating debt levels. The states getting adversely hit by the crisis, faced a strong rise of interest rate spreads for government bonds, as a result of investor concerns about their future debt sustainability, to the extent that four eurozone states needed to be rescued by sovereign bailout programs, delivered jointly by the International Monetary Fund and European Commission - with additional support at the technical level by the European Central Bank. Together these three international organisations representing the bailout creditors, became nicknamed "the Troika".
In 1992, members of the European Union signed the Maastricht Treaty, under which they pledged to limit their deficit spending and debt levels. However, in the early 2000s, some EU member states were failing to stay within the confines of the Maastricht criteria and turned to securitising future government revenues to reduce their debts and/or deficits, sidestepping best practice and ignoring international standards. This allowed the sovereigns to mask their deficit and debt levels through a combination of techniques, including inconsistent accounting, off-balance-sheet transactions, and the use of complex currency and credit derivatives structures. From late 2009 on, after Greece's new elected government stopped masking its true indebtness and budget deficit, fears of sovereign defaults in certain European states developed in the public. This led to a wave of downgrading the government debts of these states.
The detailed causes for running unsustainable budget deficits and debt levels varied by crisis country. In several countries, private debts arising from a property bubble were transferred to sovereign debt as a result of banking system bailouts and government responses to slowing economies post-bubble. In Greece, high public sector wage and pension commitments were connected to the debt increase. The structure of the eurozone as a currency union (i.e., one currency) without fiscal union (e.g., different tax and public pension rules) contributed to the crisis and harmed the ability of European leaders to respond. European banks own a significant amount of sovereign debt, such that concerns regarding the solvency of banking systems or sovereigns are negatively reinforcing. Concerns intensified in early 2010 and thereafter, leading European nations to implement a series of financial support measures such as the European Financial Stability Facility (EFSF) and European Stability Mechanism (ESM).
When the relatively fragile banking sector, as a negative repercussion of the Great Recession had suffered big capital losses, most states in Europe had to bailout several of their worst hit banks with some supporting recapitalization loans, because of the strong linkage between their survival and the financial stability of the economy. As of January 2009, a group of 10 central and eastern European banks had already asked for a bailout. At the time, the European Commission released a forecast of a 1.8% decline in EU economic output for 2009, making the outlook for the banks even worse. The many public funded bank recapitalizations, were one of the main reasons behind the sharply deteriorated debt-to-GDP ratios experienced by several European governments in the wake of the Great Recession, but can not solely be blamed for having caused eruption of the subsequently experienced sovereign debt-crisis - which only erupted in a limited number of European states. The main root causes for the four sovereign debt crisis erupting in Europe, were reportedly a mix of: Weak actual and potential growth; competitive weakness; liquidation of banks and sovereigns; large pre-existing debt-to-GDP ratios; and considerable liability stocks (government, private, and non-private sector).
More information: https://en.wikipedia.org/wiki/European_debt_crisis
- published: 29 May 2015
- views: 128
Poland and the EU - Is the Euro on its Way? | Made in Germany
- Order: Reorder
- Duration: 5:37
- Updated: 29 Jun 2011
- views: 2486
For years, every Polish government included the introduction of the euro among its stated goals. But now that some eurozone economies have been put on life supp...
For years, every Polish government included the introduction of the euro among its stated goals. But now that some eurozone economies have been put on life support, the common currency has lost its shine in Poland. By holding on to the zloty, policymakers believe they can prevent the eurozone's woes from infecting their country.Currently Poland is doing perfectly well with the zloty. The Polish currency isn't pegged to the euro and can be appreciate or be devalued as needed. Warsaw has put introducing the euro on the back burner. Hardly any effort is being made to meet the Maastricht Criteria for eurozone membership. Report by Karl Harenbrock.
wn.com/Poland And The Eu Is The Euro On Its Way | Made In Germany
For years, every Polish government included the introduction of the euro among its stated goals. But now that some eurozone economies have been put on life support, the common currency has lost its shine in Poland. By holding on to the zloty, policymakers believe they can prevent the eurozone's woes from infecting their country.Currently Poland is doing perfectly well with the zloty. The Polish currency isn't pegged to the euro and can be appreciate or be devalued as needed. Warsaw has put introducing the euro on the back burner. Hardly any effort is being made to meet the Maastricht Criteria for eurozone membership. Report by Karl Harenbrock.
- published: 29 Jun 2011
- views: 2486
GERMANY: BONN: FINANCE MINISTER THEO WAIGEL PRESS CONFERENCE
- Order: Reorder
- Duration: 2:33
- Updated: 21 Jul 2015
- views: 25
German/Nat
German finance minister Theo Waigel denied reports on Thursday that Germany would have to sell gold reserves to cover a tax revenue shortfall of 1...
German/Nat
German finance minister Theo Waigel denied reports on Thursday that Germany would have to sell gold reserves to cover a tax revenue shortfall of 18 (b) billion marks (10.6 (b) billion dollars) in the country.
But Waigel said he is considering a budget freeze and other measures to help cover the shortfall in order to meet the criteria set for joining monetary union in 1999.
At a news conference in Bonn on Thursday, German Finance Minister Theo Waigel said Germany will do all that is necessary to ensure that it meets criteria set down for qualifying for the planned single European currency.
Earlier, Waigel's office announced that tax revenues for Germany's federal, state and local governments were short of earlier projections.
SOUNDBITE: (German)
"We have a shortfall in tax revenue of 18 (b) billion d marks of which 9.1(b) billion d marks comes out of the national level. This calls for financial, political decisions. A too high rise in public credits would damage the trust of the markets and lead to higher interest and currency exchange turbulence. This is what we want to avoid."
SUPER CAPTION: Theo Waigel, German Finance Minister
He stressed that Germany would not take any action which could harm Germany's financial security.
SOUNDBITE: (German)
I want to make it very clear that we are not thinking of selling any gold, hard currency or reserves but we are thinking that a big part of it should be reevaluated to improve the basic capital of the Bundesbank. And that by law we've put into place financial support."
SUPER CAPTION: Theo Waigel, German Finance Minister
Even before Thursday's announcement of the tax shortfall, the country's leading economic institutes had said Germany's budget deficit might surpass the 3 per cent limit, but Waigel was confident Germany would qualify.
SOUNDBITE: (German)
Looking at our overall economic deficit with regard to meeting the Maastricht criteria we will reach the three per cent."
SUPER CAPTION: Theo Waigel, German Finance Minister
The F-D-P (German Liberal Party) spokesman Guido Westerwelle said reducing unemployment would increase tax revenue and strengthen economic growth.
SOUNDBITE: (German)
"We must lower the tax burden that is holding back growth so that the economy can regain its lost strength. We must enable more people to find jobs. Those without jobs cannot pay taxes."
SUPER CAPTION: Guido Westerwelle, F-D-P spokesman
Waigel said privatisation measures were being considered, and that a budget freeze could not be ruled out.
Measures to reduce the shortfall will have to be taken to ensure that Germany meets the criteria for joining E-M-U, as set out in the Maastricht Treaty.
You can license this story through AP Archive: http://www.aparchive.com/metadata/youtube/1f67e13d35317b39f43ef5b433bf9875
Find out more about AP Archive: http://www.aparchive.com/HowWeWork
wn.com/Germany Bonn Finance Minister Theo Waigel Press Conference
German/Nat
German finance minister Theo Waigel denied reports on Thursday that Germany would have to sell gold reserves to cover a tax revenue shortfall of 18 (b) billion marks (10.6 (b) billion dollars) in the country.
But Waigel said he is considering a budget freeze and other measures to help cover the shortfall in order to meet the criteria set for joining monetary union in 1999.
At a news conference in Bonn on Thursday, German Finance Minister Theo Waigel said Germany will do all that is necessary to ensure that it meets criteria set down for qualifying for the planned single European currency.
Earlier, Waigel's office announced that tax revenues for Germany's federal, state and local governments were short of earlier projections.
SOUNDBITE: (German)
"We have a shortfall in tax revenue of 18 (b) billion d marks of which 9.1(b) billion d marks comes out of the national level. This calls for financial, political decisions. A too high rise in public credits would damage the trust of the markets and lead to higher interest and currency exchange turbulence. This is what we want to avoid."
SUPER CAPTION: Theo Waigel, German Finance Minister
He stressed that Germany would not take any action which could harm Germany's financial security.
SOUNDBITE: (German)
I want to make it very clear that we are not thinking of selling any gold, hard currency or reserves but we are thinking that a big part of it should be reevaluated to improve the basic capital of the Bundesbank. And that by law we've put into place financial support."
SUPER CAPTION: Theo Waigel, German Finance Minister
Even before Thursday's announcement of the tax shortfall, the country's leading economic institutes had said Germany's budget deficit might surpass the 3 per cent limit, but Waigel was confident Germany would qualify.
SOUNDBITE: (German)
Looking at our overall economic deficit with regard to meeting the Maastricht criteria we will reach the three per cent."
SUPER CAPTION: Theo Waigel, German Finance Minister
The F-D-P (German Liberal Party) spokesman Guido Westerwelle said reducing unemployment would increase tax revenue and strengthen economic growth.
SOUNDBITE: (German)
"We must lower the tax burden that is holding back growth so that the economy can regain its lost strength. We must enable more people to find jobs. Those without jobs cannot pay taxes."
SUPER CAPTION: Guido Westerwelle, F-D-P spokesman
Waigel said privatisation measures were being considered, and that a budget freeze could not be ruled out.
Measures to reduce the shortfall will have to be taken to ensure that Germany meets the criteria for joining E-M-U, as set out in the Maastricht Treaty.
You can license this story through AP Archive: http://www.aparchive.com/metadata/youtube/1f67e13d35317b39f43ef5b433bf9875
Find out more about AP Archive: http://www.aparchive.com/HowWeWork
- published: 21 Jul 2015
- views: 25
EBU Lithuania GOOD
- Order: Reorder
- Duration: 2:55
- Updated: 27 Feb 2013
- views: 331
DOPESHEET:
The Lithuanian government approved Euro introduction plan that calls for setting up strategic and coordination commissions and working groups.
At t...
DOPESHEET:
The Lithuanian government approved Euro introduction plan that calls for setting up strategic and coordination commissions and working groups.
At the strategic level, a commission for the introduction of the euro in Lithuania will be established, with the Prime Minister as its chairman. At the coordination level, a large working group will be headed by the finance minister.
At least six expert working groups will also be set up.
Lithuania aims to join the Euro zone in 2015.
In order to meet the Maastricht criteria for Euro adoption, Lithuania still has to make progress in fiscal discipline and inflation control, both tasks were promised to perform by the new centre-left government.
Budget deficit is still couple of tens above the required 3 per cent and average annual inflation rate was 3.1 percent in January, above the Maastricht limit of 2.8 percent. To qualify for euro entry in 2015, the country must meet the Maastricht price stability criterion at the end of this year.
Lithuania's bid to join the euro in 2007 was rejected because its inflation exceeded the Maastricht limit.
Long term interest rate and debt-to-GDP ratio meanwhile meets the requirements.
Recent opinion polls conducted by Vilmorus showed that 28 percent respondents agree to join the Euro zone in 2015. 52 percent are against.
A possible rise in price level is among the biggest fears in society.
Government pledged to avoid situations when prices are raised using the ambiguous situations related with changing rates from Litas to Euros and to educate society about benefit of adopting Euro.
From 2 February 2002, the Litas has been pegged to the Euro at a fixed exchange rate of LTL 3.4528 for EUR 1.
SHOTLIST:
Vs from the goverment meeting
Soundbite (Lithuanian), ALGIRDAS BUTKEVICIUS, Lithuanian Prime Minister:
Business and public organizations will be embraced into working groups. And of course communication is very important, providing education to the society why Lithuania needs Euro.
More of the government meeting
Soundbite (Lithuanian), RIMANTAS SADZIUS, Lithuanian Minister of Finances:
The main threat to business was to overestimate their capabilities when the credit became cheaper and in some countries business spent that easier money maybe not in the appropriat. The second bigest fear of society, that is obvious, the fear that prices will increase considerably. We should also negotiate with bussiness, it is planned to sign some kind of agreement between the state and bussiness asociations and big individual companies, to follow some kind of good behaviour rules.
Vs of people in the streets
Soundbite (Lithuanian), man:
Why we need it? We are poor men, and after euro adoption we will be even poorer.
Sounbite (Lithuanian), man:
Of course we need it. It will be more comfortable for the people, because the movement of people is now free, so why we have to do all those money exchanges?
Sounbite (Lithuanian), woman:
They will transfer less Euros than Litas. (Reporter notices that the prices will be lower as well). No. Prices will not be lower for sure. It's a fact.
More of walking people
wn.com/Ebu Lithuania Good
DOPESHEET:
The Lithuanian government approved Euro introduction plan that calls for setting up strategic and coordination commissions and working groups.
At the strategic level, a commission for the introduction of the euro in Lithuania will be established, with the Prime Minister as its chairman. At the coordination level, a large working group will be headed by the finance minister.
At least six expert working groups will also be set up.
Lithuania aims to join the Euro zone in 2015.
In order to meet the Maastricht criteria for Euro adoption, Lithuania still has to make progress in fiscal discipline and inflation control, both tasks were promised to perform by the new centre-left government.
Budget deficit is still couple of tens above the required 3 per cent and average annual inflation rate was 3.1 percent in January, above the Maastricht limit of 2.8 percent. To qualify for euro entry in 2015, the country must meet the Maastricht price stability criterion at the end of this year.
Lithuania's bid to join the euro in 2007 was rejected because its inflation exceeded the Maastricht limit.
Long term interest rate and debt-to-GDP ratio meanwhile meets the requirements.
Recent opinion polls conducted by Vilmorus showed that 28 percent respondents agree to join the Euro zone in 2015. 52 percent are against.
A possible rise in price level is among the biggest fears in society.
Government pledged to avoid situations when prices are raised using the ambiguous situations related with changing rates from Litas to Euros and to educate society about benefit of adopting Euro.
From 2 February 2002, the Litas has been pegged to the Euro at a fixed exchange rate of LTL 3.4528 for EUR 1.
SHOTLIST:
Vs from the goverment meeting
Soundbite (Lithuanian), ALGIRDAS BUTKEVICIUS, Lithuanian Prime Minister:
Business and public organizations will be embraced into working groups. And of course communication is very important, providing education to the society why Lithuania needs Euro.
More of the government meeting
Soundbite (Lithuanian), RIMANTAS SADZIUS, Lithuanian Minister of Finances:
The main threat to business was to overestimate their capabilities when the credit became cheaper and in some countries business spent that easier money maybe not in the appropriat. The second bigest fear of society, that is obvious, the fear that prices will increase considerably. We should also negotiate with bussiness, it is planned to sign some kind of agreement between the state and bussiness asociations and big individual companies, to follow some kind of good behaviour rules.
Vs of people in the streets
Soundbite (Lithuanian), man:
Why we need it? We are poor men, and after euro adoption we will be even poorer.
Sounbite (Lithuanian), man:
Of course we need it. It will be more comfortable for the people, because the movement of people is now free, so why we have to do all those money exchanges?
Sounbite (Lithuanian), woman:
They will transfer less Euros than Litas. (Reporter notices that the prices will be lower as well). No. Prices will not be lower for sure. It's a fact.
More of walking people
- published: 27 Feb 2013
- views: 331
GERMANY: GOVERNMENT ANNOUNCE MEASURES TO REVIVE ECONOMY
- Order: Reorder
- Duration: 2:34
- Updated: 21 Jul 2015
- views: 17
German/Nat
The German government has announced a series of measures - including tax cuts - to revive its sluggish economy.
The German Economics Minister ...
German/Nat
The German government has announced a series of measures - including tax cuts - to revive its sluggish economy.
The German Economics Minister describes the package - which also includes steps to reduce unemployment - as a "multi vitamin" for his country.
Germany still hopes to conform with the guidelines for European Monetary Union.
There's been growing concern about how many E-U countries will meet the criteria for a single currency in 1999.
It was a meeting of Germany's top economic policy makers-- among them Economics Minister Guenter Rexrodt, Employment Minister Norbert Bluem and Finance Minister Theo Waigel.
They had some serious issues to consider.
The slow growth experienced for the last two years is expected to continue in 1996.
And with an unemployment rate of about 10 percent, creating jobs is one of Germany's biggest challenges.
The ministers emerged with reassurances and a complex plan.
Economics Minister Guenter Rexrodt says Germany is not in a recession. And the government has pledged to cut the unemployment rate in half by 2000.
Toward that end, Rexrodt says social welfare costs born by employers will be reduced, and taxes on new and small businesses will be eased.
There'll also be cuts in the number of federal workers and accelerated privatization of state-owned companies.
In addition, the tax code will be vastly reformed and simplified by 2000.
SOUNDBITE: (German)
"The main problem we have to deal with is unemployment."
SUPER CAPTION: Norbert Bluem, Employment Minister
Waigel refers to the Maastricht criteria-- a treaty agreed to in Maastricht, Netherlands in 1991 on European economic and other integration.
SOUNDBITE: (German)
"During the next few weeks we will have to lead difficult talks on consolidation with the federal states and the communities, with the aim of establishing a national practice of stability in order to reduce deficits and fulfill Maastricht."
SUPER CAPTION: Theo Waigel, Finance Minister
Rexrodt says the government sees real growth in gross domestic product (G-D-P) of 1.5 percent for the full year. That would be down from 1.9 per cent G-D-P expansion last year and 2.9 percent in 1994.
SOUNDBITE: (German)
"Despite a pause in growth in the second half of 1995, and beginning 1996 much worse than we expected to; there can be no talk of recession. On the contrary; along with all other institutions we expect a substantial increase in growth during the coming year."
SUPER CAPTION: Guenter Rexrodt, Economics Minister
If the German government can not cope with the challenges the economy faces it could fall behind in its ability to meet the strict criteria for joining into joint European economic union by 1999.
And this raises more doubts about the timetable for a single European currency, known as the Euro.
You can license this story through AP Archive: http://www.aparchive.com/metadata/youtube/b569bdaf2274952b3da30ec5dc748170
Find out more about AP Archive: http://www.aparchive.com/HowWeWork
wn.com/Germany Government Announce Measures To Revive Economy
German/Nat
The German government has announced a series of measures - including tax cuts - to revive its sluggish economy.
The German Economics Minister describes the package - which also includes steps to reduce unemployment - as a "multi vitamin" for his country.
Germany still hopes to conform with the guidelines for European Monetary Union.
There's been growing concern about how many E-U countries will meet the criteria for a single currency in 1999.
It was a meeting of Germany's top economic policy makers-- among them Economics Minister Guenter Rexrodt, Employment Minister Norbert Bluem and Finance Minister Theo Waigel.
They had some serious issues to consider.
The slow growth experienced for the last two years is expected to continue in 1996.
And with an unemployment rate of about 10 percent, creating jobs is one of Germany's biggest challenges.
The ministers emerged with reassurances and a complex plan.
Economics Minister Guenter Rexrodt says Germany is not in a recession. And the government has pledged to cut the unemployment rate in half by 2000.
Toward that end, Rexrodt says social welfare costs born by employers will be reduced, and taxes on new and small businesses will be eased.
There'll also be cuts in the number of federal workers and accelerated privatization of state-owned companies.
In addition, the tax code will be vastly reformed and simplified by 2000.
SOUNDBITE: (German)
"The main problem we have to deal with is unemployment."
SUPER CAPTION: Norbert Bluem, Employment Minister
Waigel refers to the Maastricht criteria-- a treaty agreed to in Maastricht, Netherlands in 1991 on European economic and other integration.
SOUNDBITE: (German)
"During the next few weeks we will have to lead difficult talks on consolidation with the federal states and the communities, with the aim of establishing a national practice of stability in order to reduce deficits and fulfill Maastricht."
SUPER CAPTION: Theo Waigel, Finance Minister
Rexrodt says the government sees real growth in gross domestic product (G-D-P) of 1.5 percent for the full year. That would be down from 1.9 per cent G-D-P expansion last year and 2.9 percent in 1994.
SOUNDBITE: (German)
"Despite a pause in growth in the second half of 1995, and beginning 1996 much worse than we expected to; there can be no talk of recession. On the contrary; along with all other institutions we expect a substantial increase in growth during the coming year."
SUPER CAPTION: Guenter Rexrodt, Economics Minister
If the German government can not cope with the challenges the economy faces it could fall behind in its ability to meet the strict criteria for joining into joint European economic union by 1999.
And this raises more doubts about the timetable for a single European currency, known as the Euro.
You can license this story through AP Archive: http://www.aparchive.com/metadata/youtube/b569bdaf2274952b3da30ec5dc748170
Find out more about AP Archive: http://www.aparchive.com/HowWeWork
- published: 21 Jul 2015
- views: 17
PM on negotiations for accession to the EU, incident with Armenian journalist
- Order: Reorder
- Duration: 3:16
- Updated: 23 Jul 2015
- views: 1216
1. Wide of Turkish Prime Minister RecepTayyip Erdogan approaching microphones before his speech at the News Exchange Meeting (regular briefing with journalists)...
1. Wide of Turkish Prime Minister RecepTayyip Erdogan approaching microphones before his speech at the News Exchange Meeting (regular briefing with journalists)
2. Close-up of delegates
3. SOUDBITE (Turkish) RecepTayyip Erdogan, Turkish Prime Minister:
"Don't ask us for things that aren't part of the programme. You wanted us to do everything that was required by the Copenhagen political criteria and we did it. Now all of the Maastricht Criteria chapters are in the open and we're doing those too. Ask us for these things and if we do them, show us an honest and sincere approach."
4. Delegates listening to Erdogan
5. Erdogan listening to question from Armenian journalist, UPSOUND (English) "Why was the member of Turkish Ottoman parliament, Grekor Zorop, Armenian writer, why, arrested and killed on April 24, 1915 (goes on to mention other people)....because they were Armenian, only for that (reason). In the context of our discussion today and speeches of Mr Prime Minister, Mr Prime Minister speaks about the role of Turkey in the region and neighbour and I want to take this opportunity to call on the Turkish civil society, to my colleagues, to journalists, the Turkish government to recognise the Armenian ....(is interrupted)."
6. SOUDBITE (Turkish) RecepTayyip Erdogan, Turkish Prime Minister:
"I see again that it's not relying on the documents. I see again that you're talking according what is written in books by the diaspora. Look, I am clearly daring you, tell your president that if he can open your archives, let them be opened, we opened ours."
6. Armenian journalist and one of Erdogan's security personnel
7. Wide shot of meeting
8. Erdogan's security approaches Armenian journalist, Gegham Manukyan, and takes his bag, tilt down to bag
10. Various Gegham Manukyan speaking with other journalists UPSOUND (English): "Turkey must have the courage to recognise the Armenian genocide."
11. Cameras and Manukyan
STORYLINE:
Turkish Prime Minister RecepTayyip Erdogan attended a conference of media representatives in Istanbul on Friday, answering questions about Turkey's European Union membership bid.
During the briefing he was asked by an Armenian journalist why his country did not recognise the mass killings of up to 1.5 (m) million Armenians from 1915 to 1919 as genocide.
"Turkey must have the courage to recognise the Armenian genocide," Gegham Manukyan said as he was led away by a member of Erdogan's security team.
Manukyan had reportedly been preparing to unfurl a banner during the news briefing but was persuaded not to by colleagues.
Armenia accuses Turkey of massacring Armenians during World War I, when Armenia was under the Ottoman Empire.
Turkey says Armenians were killed in civil unrest during the collapse of the empire.
Turkey acknowledges that great numbers of Armenians were killed in fighting and mass expulsions, but does not accept the label of genocide.
You can license this story through AP Archive: http://www.aparchive.com/metadata/youtube/0906b5d9ae62568d52b10495b3a789c3
Find out more about AP Archive: http://www.aparchive.com/HowWeWork
wn.com/Pm On Negotiations For Accession To The Eu, Incident With Armenian Journalist
1. Wide of Turkish Prime Minister RecepTayyip Erdogan approaching microphones before his speech at the News Exchange Meeting (regular briefing with journalists)
2. Close-up of delegates
3. SOUDBITE (Turkish) RecepTayyip Erdogan, Turkish Prime Minister:
"Don't ask us for things that aren't part of the programme. You wanted us to do everything that was required by the Copenhagen political criteria and we did it. Now all of the Maastricht Criteria chapters are in the open and we're doing those too. Ask us for these things and if we do them, show us an honest and sincere approach."
4. Delegates listening to Erdogan
5. Erdogan listening to question from Armenian journalist, UPSOUND (English) "Why was the member of Turkish Ottoman parliament, Grekor Zorop, Armenian writer, why, arrested and killed on April 24, 1915 (goes on to mention other people)....because they were Armenian, only for that (reason). In the context of our discussion today and speeches of Mr Prime Minister, Mr Prime Minister speaks about the role of Turkey in the region and neighbour and I want to take this opportunity to call on the Turkish civil society, to my colleagues, to journalists, the Turkish government to recognise the Armenian ....(is interrupted)."
6. SOUDBITE (Turkish) RecepTayyip Erdogan, Turkish Prime Minister:
"I see again that it's not relying on the documents. I see again that you're talking according what is written in books by the diaspora. Look, I am clearly daring you, tell your president that if he can open your archives, let them be opened, we opened ours."
6. Armenian journalist and one of Erdogan's security personnel
7. Wide shot of meeting
8. Erdogan's security approaches Armenian journalist, Gegham Manukyan, and takes his bag, tilt down to bag
10. Various Gegham Manukyan speaking with other journalists UPSOUND (English): "Turkey must have the courage to recognise the Armenian genocide."
11. Cameras and Manukyan
STORYLINE:
Turkish Prime Minister RecepTayyip Erdogan attended a conference of media representatives in Istanbul on Friday, answering questions about Turkey's European Union membership bid.
During the briefing he was asked by an Armenian journalist why his country did not recognise the mass killings of up to 1.5 (m) million Armenians from 1915 to 1919 as genocide.
"Turkey must have the courage to recognise the Armenian genocide," Gegham Manukyan said as he was led away by a member of Erdogan's security team.
Manukyan had reportedly been preparing to unfurl a banner during the news briefing but was persuaded not to by colleagues.
Armenia accuses Turkey of massacring Armenians during World War I, when Armenia was under the Ottoman Empire.
Turkey says Armenians were killed in civil unrest during the collapse of the empire.
Turkey acknowledges that great numbers of Armenians were killed in fighting and mass expulsions, but does not accept the label of genocide.
You can license this story through AP Archive: http://www.aparchive.com/metadata/youtube/0906b5d9ae62568d52b10495b3a789c3
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- published: 23 Jul 2015
- views: 1216
The European Debt Crisis and the Threat to the U.S. Economy: Federal Reserve & Treasury (2012)
- Order: Reorder
- Duration: 45:46
- Updated: 24 Sep 2013
- views: 3115
The Eurozone crisis (often referred to as the Euro crisis) is an ongoing crisis that has been affecting the countries of the Eurozone since late 2009. It is a c...
The Eurozone crisis (often referred to as the Euro crisis) is an ongoing crisis that has been affecting the countries of the Eurozone since late 2009. It is a combined sovereign debt crisis, a banking crisis and a growth and competitiveness crisis.
The crisis made it difficult or impossible for some countries in the euro area to repay or re-finance their government debt without the assistance of third parties. Moreover, banks in the Eurozone are undercapitalized and have faced liquidity problems. Additionally, economic growth is slow in the whole of the Eurozone and is unequally distributed across the member states.
In 1992, members of the European Union signed the Maastricht Treaty, under which they pledged to limit their deficit spending and debt levels. However, in the early 2000s, a number of EU member states were failing to stay within the confines of the Maastricht criteria and turned to securitising future government revenues to reduce their debts and/or deficits. Sovereigns sold rights to receive future cash flows, allowing governments to raise funds without violating debt and deficit targets, but sidestepping best practice and ignoring internationally agreed standards.[9] This allowed the sovereigns to mask (or "Enronize") their deficit and debt levels through a combination of techniques, including inconsistent accounting, off-balance-sheet transactions as well as the use of complex currency and credit derivatives structures.[9]
From late 2009, fears of a sovereign debt crisis developed among investors as a result of the rising private and government debt levels around the world together with a wave of downgrading of government debt in some European states. Causes of the crisis varied by country. In several countries, private debts arising from a property bubble were transferred to sovereign debt as a result of banking system bailouts and government responses to slowing economies post-bubble. In Greece, high public sector wage and pension commitments were connected to the debt increase.[10] The structure of the Eurozone as a monetary union (i.e., one currency) without fiscal union (e.g., different tax and public pension rules) contributed to the crisis and harmed the ability of European leaders to respond.[11][12] European banks own a significant amount of sovereign debt, such that concerns regarding the solvency of banking systems or sovereigns are negatively reinforcing.[13]
Concerns intensified in early 2010 and thereafter,[14][15] leading European nations to implement a series of financial support measures such as the European Financial Stability Facility (EFSF) and European Stability Mechanism (ESM).
Aside from all the political measures and bailout programmes being implemented to combat the Eurozone crisis, the European Central Bank (ECB) has also done its part by lowering interest rates and providing cheap loans of more than one trillion Euro to maintain money flows between European banks. On 6 September 2012, the ECB also calmed financial markets by announcing free unlimited support for all eurozone countries involved in a sovereign state bailout/precautionary programme from EFSF/ESM, through some yield lowering Outright Monetary Transactions (OMT).[16]
The crisis did not only introduce adverse economic effects for the worst hit countries, but also had a major political impact on the ruling governments in 8 out of 17 eurozone countries, leading to power shifts in Greece, Ireland, Italy, Portugal, Spain, Slovenia, Slovakia, and the Netherlands.
The Eurozone crisis has also become increasingly a social crisis for the most affected countries, with Greece and Spain having the highest unemployment rates in the currency area. Spain's unemployment was 26.9 percent in May 2013, while Greece's rate in March was 26.8 percent.
http://en.wikipedia.org/wiki/European_debt_crisis
Image by Kotsolis at English Wikipedia [CC-BY-SA-3.0 (http://creativecommons.org/licenses/by-sa/3.0) or GFDL (http://www.gnu.org/copyleft/fdl.html)], via Wikimedia Commons
wn.com/The European Debt Crisis And The Threat To The U.S. Economy Federal Reserve Treasury (2012)
The Eurozone crisis (often referred to as the Euro crisis) is an ongoing crisis that has been affecting the countries of the Eurozone since late 2009. It is a combined sovereign debt crisis, a banking crisis and a growth and competitiveness crisis.
The crisis made it difficult or impossible for some countries in the euro area to repay or re-finance their government debt without the assistance of third parties. Moreover, banks in the Eurozone are undercapitalized and have faced liquidity problems. Additionally, economic growth is slow in the whole of the Eurozone and is unequally distributed across the member states.
In 1992, members of the European Union signed the Maastricht Treaty, under which they pledged to limit their deficit spending and debt levels. However, in the early 2000s, a number of EU member states were failing to stay within the confines of the Maastricht criteria and turned to securitising future government revenues to reduce their debts and/or deficits. Sovereigns sold rights to receive future cash flows, allowing governments to raise funds without violating debt and deficit targets, but sidestepping best practice and ignoring internationally agreed standards.[9] This allowed the sovereigns to mask (or "Enronize") their deficit and debt levels through a combination of techniques, including inconsistent accounting, off-balance-sheet transactions as well as the use of complex currency and credit derivatives structures.[9]
From late 2009, fears of a sovereign debt crisis developed among investors as a result of the rising private and government debt levels around the world together with a wave of downgrading of government debt in some European states. Causes of the crisis varied by country. In several countries, private debts arising from a property bubble were transferred to sovereign debt as a result of banking system bailouts and government responses to slowing economies post-bubble. In Greece, high public sector wage and pension commitments were connected to the debt increase.[10] The structure of the Eurozone as a monetary union (i.e., one currency) without fiscal union (e.g., different tax and public pension rules) contributed to the crisis and harmed the ability of European leaders to respond.[11][12] European banks own a significant amount of sovereign debt, such that concerns regarding the solvency of banking systems or sovereigns are negatively reinforcing.[13]
Concerns intensified in early 2010 and thereafter,[14][15] leading European nations to implement a series of financial support measures such as the European Financial Stability Facility (EFSF) and European Stability Mechanism (ESM).
Aside from all the political measures and bailout programmes being implemented to combat the Eurozone crisis, the European Central Bank (ECB) has also done its part by lowering interest rates and providing cheap loans of more than one trillion Euro to maintain money flows between European banks. On 6 September 2012, the ECB also calmed financial markets by announcing free unlimited support for all eurozone countries involved in a sovereign state bailout/precautionary programme from EFSF/ESM, through some yield lowering Outright Monetary Transactions (OMT).[16]
The crisis did not only introduce adverse economic effects for the worst hit countries, but also had a major political impact on the ruling governments in 8 out of 17 eurozone countries, leading to power shifts in Greece, Ireland, Italy, Portugal, Spain, Slovenia, Slovakia, and the Netherlands.
The Eurozone crisis has also become increasingly a social crisis for the most affected countries, with Greece and Spain having the highest unemployment rates in the currency area. Spain's unemployment was 26.9 percent in May 2013, while Greece's rate in March was 26.8 percent.
http://en.wikipedia.org/wiki/European_debt_crisis
Image by Kotsolis at English Wikipedia [CC-BY-SA-3.0 (http://creativecommons.org/licenses/by-sa/3.0) or GFDL (http://www.gnu.org/copyleft/fdl.html)], via Wikimedia Commons
- published: 24 Sep 2013
- views: 3115
Lithuania hopes to join Euro by 2015
- Order: Reorder
- Duration: 2:07
- Updated: 27 Aug 2013
- views: 136
Lithuania's chances of joining the Euro in 2015 will depend on whether it manages to comply with the Maastricht criterion on budget deficit.
Lithuania's chances of joining the Euro in 2015 will depend on whether it manages to comply with the Maastricht criterion on budget deficit.
wn.com/Lithuania Hopes To Join Euro By 2015
Lithuania's chances of joining the Euro in 2015 will depend on whether it manages to comply with the Maastricht criterion on budget deficit.
- published: 27 Aug 2013
- views: 136
What is The Harmonized Index of Consumer Prices?
- Order: Reorder
- Duration: 1:39
- Updated: 19 Dec 2014
- views: 99
The HICPs give comparable measures of inflation in the eurozone, the EU, the European Economic Area and for other countries including accession and candidate co...
The HICPs give comparable measures of inflation in the eurozone, the EU, the European Economic Area and for other countries including accession and candidate countries. They are calculated according to a harmonized approach and a single set of definitions. They provide the official measure of consumer price inflation in the euro-zone for the purposes of monetary policy in the euro area and assessing inflation convergence as required under the Maastricht criteria.
The Harmonized Index of Consumer Prices (HICP) is produced by each European Union member state to help measure inflation and to guide the European Central Bank in formulating monetary policy. The HICP is also used as the basis of the European Index of Consumer Prices, which is weighted toward household expenditures.
By Barry Norman, Investors Trading Academy.
wn.com/What Is The Harmonized Index Of Consumer Prices
The HICPs give comparable measures of inflation in the eurozone, the EU, the European Economic Area and for other countries including accession and candidate countries. They are calculated according to a harmonized approach and a single set of definitions. They provide the official measure of consumer price inflation in the euro-zone for the purposes of monetary policy in the euro area and assessing inflation convergence as required under the Maastricht criteria.
The Harmonized Index of Consumer Prices (HICP) is produced by each European Union member state to help measure inflation and to guide the European Central Bank in formulating monetary policy. The HICP is also used as the basis of the European Index of Consumer Prices, which is weighted toward household expenditures.
By Barry Norman, Investors Trading Academy.
- published: 19 Dec 2014
- views: 99
Cecilia Nahon: Argentina vs the Vultures
- Order: Reorder
- Duration: 23:54
- Updated: 03 Mar 2015
- views: 3416
During the 1990s, Argentina had been the poster child for Neoliberal policies—they adopted virtually the whole of the so-called “Washington Consensus” agenda lo...
During the 1990s, Argentina had been the poster child for Neoliberal policies—they adopted virtually the whole of the so-called “Washington Consensus” agenda lock-stock-and-barrel. They even adopted a currency board. And unlike Euroland (which also adopted something like a currency board as each member adopted a foreign currency—the euro), Argentina would have consistently met the tight Maastricht criteria on budget deficits and debts over that period. The main purpose of the austere budgets and currency board constraints was to kill high inflation. It worked. But, over that period unemployment grew and GDP growth was moderate. And because the peg was sold to the Argentinean public as “inviolable” it created great incentives to accumulate a lot of foreign debt, particularly dollar denominated. By the late 1990s, however, growth slowed making it harder for Argentina to secure the dollars required to service its growing debt burden (it peaked at 180% of GDP) and the peg was ultimately abandoned.
One of the first policy initiatives taken by then President Duhalde was a massive job creation program that guaranteed employment for poor heads of households. Within four months, the Plan Jefes y Jefas de Hogar (Head of Households Plan) had created jobs for 2 million participants which was around 13 per cent of the labour force.
But the country still had to deal with the legacy of its defaulted foreign debit, and this was the main challenge faced by the Kirchner Administration. His government did reach agreement with 92.5% of its creditors for a restructured deal (interestingly enough, using the GDP-linked growth bonds, which was part of Greece’s recent proposal to the European Union). The problem that has plagued the conclusion of this debt restructuring is a small group of funds, led by NML Limited, has rejected the settlement and secured judgment in the NY courts demanding full payment at par. The court has supported this action, which means the vast majority of the so-called ‘exchange’ bond holders, who took settlements in 2005 and 2010 after Argentina defaulted on its public debt obligations, cannot be paid until NML, who has a small amount of so-called ‘hold out’ Argentine government debt, is paid in full. What can the Argentine government do in this situation, given it has been fully servicing the exchange liabilities but claims it cannot meet the original liabilities held by NML? These are many of the issues touched on below by Ambassador Cecilia Nahon, Argentina’s Ambassador to Washington, DC.
wn.com/Cecilia Nahon Argentina Vs The Vultures
During the 1990s, Argentina had been the poster child for Neoliberal policies—they adopted virtually the whole of the so-called “Washington Consensus” agenda lock-stock-and-barrel. They even adopted a currency board. And unlike Euroland (which also adopted something like a currency board as each member adopted a foreign currency—the euro), Argentina would have consistently met the tight Maastricht criteria on budget deficits and debts over that period. The main purpose of the austere budgets and currency board constraints was to kill high inflation. It worked. But, over that period unemployment grew and GDP growth was moderate. And because the peg was sold to the Argentinean public as “inviolable” it created great incentives to accumulate a lot of foreign debt, particularly dollar denominated. By the late 1990s, however, growth slowed making it harder for Argentina to secure the dollars required to service its growing debt burden (it peaked at 180% of GDP) and the peg was ultimately abandoned.
One of the first policy initiatives taken by then President Duhalde was a massive job creation program that guaranteed employment for poor heads of households. Within four months, the Plan Jefes y Jefas de Hogar (Head of Households Plan) had created jobs for 2 million participants which was around 13 per cent of the labour force.
But the country still had to deal with the legacy of its defaulted foreign debit, and this was the main challenge faced by the Kirchner Administration. His government did reach agreement with 92.5% of its creditors for a restructured deal (interestingly enough, using the GDP-linked growth bonds, which was part of Greece’s recent proposal to the European Union). The problem that has plagued the conclusion of this debt restructuring is a small group of funds, led by NML Limited, has rejected the settlement and secured judgment in the NY courts demanding full payment at par. The court has supported this action, which means the vast majority of the so-called ‘exchange’ bond holders, who took settlements in 2005 and 2010 after Argentina defaulted on its public debt obligations, cannot be paid until NML, who has a small amount of so-called ‘hold out’ Argentine government debt, is paid in full. What can the Argentine government do in this situation, given it has been fully servicing the exchange liabilities but claims it cannot meet the original liabilities held by NML? These are many of the issues touched on below by Ambassador Cecilia Nahon, Argentina’s Ambassador to Washington, DC.
- published: 03 Mar 2015
- views: 3416
Nikki tells EU say you're wrong and dismantle this project
- Order: Reorder
- Duration: 1:25
- Updated: 16 Nov 2011
- views: 190
Mr President I notice the word competent is missing from the title of this debate.
For competence and financial probity are strangers to this project.
... ...
Mr President I notice the word competent is missing from the title of this debate.
For competence and financial probity are strangers to this project.
...
The very foundations of the euro were dug up when the commission allowed member states to ignore the convergence criteria of Maastricht.
For we all know that this is a political project not an economic one and political expediency will always prevail over sound economic rules.
What do you care about the ordinary person on the street, the EU has shown its utter contempt and arrogance on the detrimental effect your deluded economic policies have on their lives.
Maastricht had only four criteria that you negligently brushed aside and now your proposing a `six-pack` This exercise will fail and expose the soft underbelly of Europe
What confidence do you all project - Absolutely none,
Your answers to economic problems are more political solutions, more political and financial integration and more blatant disregard of democratic values.
Stop now my constituents say; it takes a wise person to accept they are wrong
Just for once, just once say you're wrong and dismantle this project.
wn.com/Nikki Tells Eu Say You're Wrong And Dismantle This Project
Mr President I notice the word competent is missing from the title of this debate.
For competence and financial probity are strangers to this project.
...
The very foundations of the euro were dug up when the commission allowed member states to ignore the convergence criteria of Maastricht.
For we all know that this is a political project not an economic one and political expediency will always prevail over sound economic rules.
What do you care about the ordinary person on the street, the EU has shown its utter contempt and arrogance on the detrimental effect your deluded economic policies have on their lives.
Maastricht had only four criteria that you negligently brushed aside and now your proposing a `six-pack` This exercise will fail and expose the soft underbelly of Europe
What confidence do you all project - Absolutely none,
Your answers to economic problems are more political solutions, more political and financial integration and more blatant disregard of democratic values.
Stop now my constituents say; it takes a wise person to accept they are wrong
Just for once, just once say you're wrong and dismantle this project.
- published: 16 Nov 2011
- views: 190
GERMANY: GOVERNMENT TRY TO DIFFUSE DISPUTE WITH CENTRAL BANK
- Order: Reorder
- Duration: 3:08
- Updated: 21 Jul 2015
- views: 5
English/Nat
The German government is trying to diffuse a dispute between the Finance ministry and the powerful German central bank.
A plan by the German...
English/Nat
The German government is trying to diffuse a dispute between the Finance ministry and the powerful German central bank.
A plan by the German Finance Minister to revalue the nation's gold reserves as part of its efforts to qualify for the planned European single currency has been sharply criticised by the central bank.
But on Friday, members of the centre-right government insisted that the central bank was opposed only to the timing of the revaluation.
Financial experts blame the ongoing dispute in part for Friday's fall of the German stock market.
Frankfurt, Germany's financial centre, on Friday felt the reverberations of the highly public dispute between Finance Minister Theo Waigel and the head of the central bank, Hans Tietmeyer.
Waigel's suggestion to revalue the nation's gold reserves so the country could qualify for a planned European single currency was bluntly rejected by the powerful central bank on Thursday.
The dispute has raised questions about the validity of the euro, scheduled to debut in 1999 as Europe's leading currency.
Waigel has come under intense criticism from his political opponents for his handling of the affair.
But he has rejected calls to resign and insists the plan will go ahead.
Members of the centre-right coalition government on Friday attempted to diffuse the rift by pointing out that the central bank was not opposed to the general idea, but only to the timing of the revaluation.
Even so, Germany's stock market industrial index, the DAX, fell some 85 points on Friday losing about 2.4 per cent of its value.
SOUNDBITE: (English)
"Well, the market is very much lower, by 85 points in the DAX, and most of it is because of the struggle between the Bundesbank and the government, between Mr. Waigel and Mr. Tietmeyer about the revaluation of the gold reserves, which of course is seen as a rather artificial means of meeting the Maastricht criteria for the EMU (European Monetary Union). And the EMU is what people are concerned in. For the second part, maybe 30 per cent of what happened today, you can quote the second part of the French elections which will take place on Sunday, and the outcome of which is rather taken already, it will be the same as last week, but what will the new government do about their European policy? Will it again mean a weakening of the criteria for the European currency which is planned?"
SUPER CAPTION: Guenter Borgold, BHF Bank stock exchange director
Traders of the German currency said Friday they expected greater ramifications by the beginning of next week.
SOUNDBITE: (English)
"Well, there's nothing decided yet, therefore the market reacted very calm, people believe that this fight is not yet over and we have seen today reactions both ways. But in general, the mark got a little bit ground against the other currencies, the dollar is more or less unchanged, the other currencies are calm. The problem is that we had a holiday yesterday, and a lot of market participants are not yet in. So we'll have to see on Monday what's going on, and I think the real market reaction we'll only see on Monday, not today."
SUPER CAPTION: Detlef Stork, Official Foreign Exchange Broker
Tietmeyer had argued against Waigel's plan because he said it would threaten the independence of the central bank and harm the planned euro currency.
The Maastricht Treaty demands that those E-U member nations who want to join the first wave of monetary union have a 1997 budget deficit of no more than three percent of gross domestic product (G-D-P) and a debt of no more than 60 per cent of G-D-P.
You can license this story through AP Archive: http://www.aparchive.com/metadata/youtube/3587853b6f541cf62d8dbda4e90c07f7
Find out more about AP Archive: http://www.aparchive.com/HowWeWork
wn.com/Germany Government Try To Diffuse Dispute With Central Bank
English/Nat
The German government is trying to diffuse a dispute between the Finance ministry and the powerful German central bank.
A plan by the German Finance Minister to revalue the nation's gold reserves as part of its efforts to qualify for the planned European single currency has been sharply criticised by the central bank.
But on Friday, members of the centre-right government insisted that the central bank was opposed only to the timing of the revaluation.
Financial experts blame the ongoing dispute in part for Friday's fall of the German stock market.
Frankfurt, Germany's financial centre, on Friday felt the reverberations of the highly public dispute between Finance Minister Theo Waigel and the head of the central bank, Hans Tietmeyer.
Waigel's suggestion to revalue the nation's gold reserves so the country could qualify for a planned European single currency was bluntly rejected by the powerful central bank on Thursday.
The dispute has raised questions about the validity of the euro, scheduled to debut in 1999 as Europe's leading currency.
Waigel has come under intense criticism from his political opponents for his handling of the affair.
But he has rejected calls to resign and insists the plan will go ahead.
Members of the centre-right coalition government on Friday attempted to diffuse the rift by pointing out that the central bank was not opposed to the general idea, but only to the timing of the revaluation.
Even so, Germany's stock market industrial index, the DAX, fell some 85 points on Friday losing about 2.4 per cent of its value.
SOUNDBITE: (English)
"Well, the market is very much lower, by 85 points in the DAX, and most of it is because of the struggle between the Bundesbank and the government, between Mr. Waigel and Mr. Tietmeyer about the revaluation of the gold reserves, which of course is seen as a rather artificial means of meeting the Maastricht criteria for the EMU (European Monetary Union). And the EMU is what people are concerned in. For the second part, maybe 30 per cent of what happened today, you can quote the second part of the French elections which will take place on Sunday, and the outcome of which is rather taken already, it will be the same as last week, but what will the new government do about their European policy? Will it again mean a weakening of the criteria for the European currency which is planned?"
SUPER CAPTION: Guenter Borgold, BHF Bank stock exchange director
Traders of the German currency said Friday they expected greater ramifications by the beginning of next week.
SOUNDBITE: (English)
"Well, there's nothing decided yet, therefore the market reacted very calm, people believe that this fight is not yet over and we have seen today reactions both ways. But in general, the mark got a little bit ground against the other currencies, the dollar is more or less unchanged, the other currencies are calm. The problem is that we had a holiday yesterday, and a lot of market participants are not yet in. So we'll have to see on Monday what's going on, and I think the real market reaction we'll only see on Monday, not today."
SUPER CAPTION: Detlef Stork, Official Foreign Exchange Broker
Tietmeyer had argued against Waigel's plan because he said it would threaten the independence of the central bank and harm the planned euro currency.
The Maastricht Treaty demands that those E-U member nations who want to join the first wave of monetary union have a 1997 budget deficit of no more than three percent of gross domestic product (G-D-P) and a debt of no more than 60 per cent of G-D-P.
You can license this story through AP Archive: http://www.aparchive.com/metadata/youtube/3587853b6f541cf62d8dbda4e90c07f7
Find out more about AP Archive: http://www.aparchive.com/HowWeWork
- published: 21 Jul 2015
- views: 5
The Global Financial Crisis: Eurozone Debt, European Central Bank, Global Economy (2011)
- Order: Reorder
- Duration: 36:04
- Updated: 25 Feb 2015
- views: 1065
The European debt crisis (often also referred to as the Eurozone crisis or the European sovereign debt crisis) is an ongoing multi-year long debt crisis taking ...
The European debt crisis (often also referred to as the Eurozone crisis or the European sovereign debt crisis) is an ongoing multi-year long debt crisis taking place in a handful of eurozone member states since end of 2009. These states were unable to repay or refinance their government debt or to bail-out over-indebted banks under their national supervision without the assistance of third parties like the EFSF, the ECB, or the IMF.
The European debt crisis erupted in the wake of the Great Recession around late 2009, and was characterized by an environment of overly high government structural deficits and accelerating debt levels. The states getting adversely hit by the crisis, faced a strong rise of interest rate spreads for government bonds, as a result of investor concerns about their future debt sustainability, to the extent that four eurozone states needed to be rescued by sovereign bailout programs, delivered jointly by the International Monetary Fund and European Commission - with additional support at the technical level by the European Central Bank. Together these three international organisations representing the bailout creditors, became nicknamed "the Troika".
In 1992, members of the European Union signed the Maastricht Treaty, under which they pledged to limit their deficit spending and debt levels. However, in the early 2000s, some EU member states were failing to stay within the confines of the Maastricht criteria and turned to securitising future government revenues to reduce their debts and/or deficits, sidestepping best practice and ignoring international standards.[3] This allowed the sovereigns to mask their deficit and debt levels through a combination of techniques, including inconsistent accounting, off-balance-sheet transactions, and the use of complex currency and credit derivatives structures.[3] From late 2009 on, after Greece's new elected government stopped masking its true indebtness and budget deficit, fears of sovereign defaults in certain European states developed in the public. This led to a wave of downgrading the government debts of these states.
The detailed causes for running unsustainable budget deficits and debt levels varied by crisis country. In several countries, private debts arising from a property bubble were transferred to sovereign debt as a result of banking system bailouts and government responses to slowing economies post-bubble. In Greece, high public sector wage and pension commitments were connected to the debt increase.[4] The structure of the eurozone as a currency union (i.e., one currency) without fiscal union (e.g., different tax and public pension rules) contributed to the crisis and harmed the ability of European leaders to respond.[5][6] European banks own a significant amount of sovereign debt, such that concerns regarding the solvency of banking systems or sovereigns are negatively reinforcing.[7] Concerns intensified in early 2010 and thereafter,[8][9] leading European nations to implement a series of financial support measures such as the European Financial Stability Facility (EFSF) and European Stability Mechanism (ESM).
When the relatively fragile banking sector, as a negative repercussion of the Great Recession had suffered big capital losses, most states in Europe had to bailout several of their worst hit banks with some supporting recapitalization loans, because of the strong linkage between their survival and the financial stability of the economy. As of January 2009, a group of 10 central and eastern European banks had already asked for a bailout.[10] At the time, the European Commission released a forecast of a 1.8% decline in EU economic output for 2009, making the outlook for the banks even worse.[10][11] The many public funded bank recapitalizations, were one of the main reasons behind the sharply deteriorated debt-to-GDP ratios experienced by several European governments in the wake of the Great Recession, but can not solely be blamed for having caused eruption of the subsequently experienced sovereign debt-crisis - which only erupted in a limited number of European states. The main root causes for the four sovereign debt crisis erupting in Europe, were reportedly a mix of: Weak actual and potential growth; competitive weakness; liquidation of banks and sovereigns; large pre-existing debt-to-GDP ratios; and considerable liability stocks (government, private, and non-private sector).
http://en.wikipedia.org/wiki/European_debt_crisis
wn.com/The Global Financial Crisis Eurozone Debt, European Central Bank, Global Economy (2011)
The European debt crisis (often also referred to as the Eurozone crisis or the European sovereign debt crisis) is an ongoing multi-year long debt crisis taking place in a handful of eurozone member states since end of 2009. These states were unable to repay or refinance their government debt or to bail-out over-indebted banks under their national supervision without the assistance of third parties like the EFSF, the ECB, or the IMF.
The European debt crisis erupted in the wake of the Great Recession around late 2009, and was characterized by an environment of overly high government structural deficits and accelerating debt levels. The states getting adversely hit by the crisis, faced a strong rise of interest rate spreads for government bonds, as a result of investor concerns about their future debt sustainability, to the extent that four eurozone states needed to be rescued by sovereign bailout programs, delivered jointly by the International Monetary Fund and European Commission - with additional support at the technical level by the European Central Bank. Together these three international organisations representing the bailout creditors, became nicknamed "the Troika".
In 1992, members of the European Union signed the Maastricht Treaty, under which they pledged to limit their deficit spending and debt levels. However, in the early 2000s, some EU member states were failing to stay within the confines of the Maastricht criteria and turned to securitising future government revenues to reduce their debts and/or deficits, sidestepping best practice and ignoring international standards.[3] This allowed the sovereigns to mask their deficit and debt levels through a combination of techniques, including inconsistent accounting, off-balance-sheet transactions, and the use of complex currency and credit derivatives structures.[3] From late 2009 on, after Greece's new elected government stopped masking its true indebtness and budget deficit, fears of sovereign defaults in certain European states developed in the public. This led to a wave of downgrading the government debts of these states.
The detailed causes for running unsustainable budget deficits and debt levels varied by crisis country. In several countries, private debts arising from a property bubble were transferred to sovereign debt as a result of banking system bailouts and government responses to slowing economies post-bubble. In Greece, high public sector wage and pension commitments were connected to the debt increase.[4] The structure of the eurozone as a currency union (i.e., one currency) without fiscal union (e.g., different tax and public pension rules) contributed to the crisis and harmed the ability of European leaders to respond.[5][6] European banks own a significant amount of sovereign debt, such that concerns regarding the solvency of banking systems or sovereigns are negatively reinforcing.[7] Concerns intensified in early 2010 and thereafter,[8][9] leading European nations to implement a series of financial support measures such as the European Financial Stability Facility (EFSF) and European Stability Mechanism (ESM).
When the relatively fragile banking sector, as a negative repercussion of the Great Recession had suffered big capital losses, most states in Europe had to bailout several of their worst hit banks with some supporting recapitalization loans, because of the strong linkage between their survival and the financial stability of the economy. As of January 2009, a group of 10 central and eastern European banks had already asked for a bailout.[10] At the time, the European Commission released a forecast of a 1.8% decline in EU economic output for 2009, making the outlook for the banks even worse.[10][11] The many public funded bank recapitalizations, were one of the main reasons behind the sharply deteriorated debt-to-GDP ratios experienced by several European governments in the wake of the Great Recession, but can not solely be blamed for having caused eruption of the subsequently experienced sovereign debt-crisis - which only erupted in a limited number of European states. The main root causes for the four sovereign debt crisis erupting in Europe, were reportedly a mix of: Weak actual and potential growth; competitive weakness; liquidation of banks and sovereigns; large pre-existing debt-to-GDP ratios; and considerable liability stocks (government, private, and non-private sector).
http://en.wikipedia.org/wiki/European_debt_crisis
- published: 25 Feb 2015
- views: 1065
EBU Lithuania Euro banknotes
- Order: Reorder
- Duration: 2:41
- Updated: 13 Nov 2014
- views: 497
DOPESHEET
Lithuania has welcomed the third and the final shipment of Euro banknotes flown from Germany and will start to use Euro on the 1 of January.
The Cen...
DOPESHEET
Lithuania has welcomed the third and the final shipment of Euro banknotes flown from Germany and will start to use Euro on the 1 of January.
The Central Bank has confirmed that the entire amount of Euro banknotes for Lithuania - some 132 million banknotes weighing 114 tons - has been safely delivered to the vaults of the Bank of Lithuania.
This is the largest shipment of cash that was ever sent to Lithuania.
Just as two previous shipments the third one was delivered during rush hours without any announcement in order to maintain absolute security.
Helicopter and snipers on the roofs have accompanied the cargo all the way round to the vault of Lithuanian Central Bank.
Lithuania will use Euro from the 1 of January in 2015. European Commission and European Union council have already recognized that Lithuania meets Maastricht criteria and gave the official green light for Euro adoption.
Lithuania’s previous bid to join the euro area in 2007 was rejected, because inflation was by whisker too high.
According to the treaty, Lithuania borrows first banknotes from German Central bank until a special certified banknote printing house will be opened. Euro coins were minted in Lithuania.
SHOTLIST
(Material belongs to Lithuanian Central Bank!)
Lufthansa plane lands
Shots of Police waiting
Shots of cargo unloading
Soundbite (Lithuanian), VIKTORAS GRABAUSKAS, Chief of Lithuanian Police antiterrorist operation’s group Aras:
There was an additional helicopter with a special group which was ready to act in case of any incident.
Shot from a mooving convoy
A convoy from the air
Shots of snipers on the roof
Soundbite (Lithuanian), SAULIUS SKVERNELIS, Lithuanian Minister of Interior Affairs:
The operation was historical. It was not only an important moment to our economy, but a huge challenge to our police which was successfully accomplished.
Shot of a helicopter
Shots of unloading cargo from a vehicle
Soundbite (Lithuanian), VITAS VASILIAUSKAS, Chief of Lithuanian Central Bank:
Euro banknotes have reached the vaults of Lithuanian Bank. We started to deliver them to commercial banks from the 1 of November, we will start to deliver them for business from the 1 of December. And definitely they will reach every citizen from the 1 of January.
Shots of delivered 200 Euro banknotes
wn.com/Ebu Lithuania Euro Banknotes
DOPESHEET
Lithuania has welcomed the third and the final shipment of Euro banknotes flown from Germany and will start to use Euro on the 1 of January.
The Central Bank has confirmed that the entire amount of Euro banknotes for Lithuania - some 132 million banknotes weighing 114 tons - has been safely delivered to the vaults of the Bank of Lithuania.
This is the largest shipment of cash that was ever sent to Lithuania.
Just as two previous shipments the third one was delivered during rush hours without any announcement in order to maintain absolute security.
Helicopter and snipers on the roofs have accompanied the cargo all the way round to the vault of Lithuanian Central Bank.
Lithuania will use Euro from the 1 of January in 2015. European Commission and European Union council have already recognized that Lithuania meets Maastricht criteria and gave the official green light for Euro adoption.
Lithuania’s previous bid to join the euro area in 2007 was rejected, because inflation was by whisker too high.
According to the treaty, Lithuania borrows first banknotes from German Central bank until a special certified banknote printing house will be opened. Euro coins were minted in Lithuania.
SHOTLIST
(Material belongs to Lithuanian Central Bank!)
Lufthansa plane lands
Shots of Police waiting
Shots of cargo unloading
Soundbite (Lithuanian), VIKTORAS GRABAUSKAS, Chief of Lithuanian Police antiterrorist operation’s group Aras:
There was an additional helicopter with a special group which was ready to act in case of any incident.
Shot from a mooving convoy
A convoy from the air
Shots of snipers on the roof
Soundbite (Lithuanian), SAULIUS SKVERNELIS, Lithuanian Minister of Interior Affairs:
The operation was historical. It was not only an important moment to our economy, but a huge challenge to our police which was successfully accomplished.
Shot of a helicopter
Shots of unloading cargo from a vehicle
Soundbite (Lithuanian), VITAS VASILIAUSKAS, Chief of Lithuanian Central Bank:
Euro banknotes have reached the vaults of Lithuanian Bank. We started to deliver them to commercial banks from the 1 of November, we will start to deliver them for business from the 1 of December. And definitely they will reach every citizen from the 1 of January.
Shots of delivered 200 Euro banknotes
- published: 13 Nov 2014
- views: 497
Hungary Budapest view from the Bus
- Order: Reorder
- Duration: 0:36
- Updated: 06 Oct 2014
- views: 275
Hungary is a landlocked country in Central Europe. It is situated in the Carpathian Basin and is bordered by Slovakia to the north, Ukraine and Romania to the e...
Hungary is a landlocked country in Central Europe. It is situated in the Carpathian Basin and is bordered by Slovakia to the north, Ukraine and Romania to the east, Serbia and Croatia to the south, Slovenia to the southwest and Austria to the west. The country's capital and largest city is Budapest. Hungary is a member of the European Union, NATO, the OECD, the Visegrád Group, and the Schengen Area. The official language is Hungarian, which is the most widely spoken non-Indo-European language in Europe.
Following centuries of successive habitation by Celts, Romans, Huns, Slavs, Gepids, and Avars, the foundation of Hungary was laid in the late 9th century by the Hungarian grand prince Árpád in the Honfoglalás ("homeland-conquest"). His great-grandson Stephen I ascended to the throne in 1000 CE, converting the country to a Christian kingdom. By the 12th century, Hungary became a middle power within the Western world.[10] Following the Battle of Mohács in 1526, Medieval Hungary collapsed and succumbed to 150 years of partial Ottoman occupation (1541–1699). Hungary eventually came under Habsburg rule, and later formed a significant part of the Austro–Hungarian Empire (1867–1918).
Hungary's current borders were first established by the Treaty of Trianon (1920) after World War I, when the country lost 71% of its territory, 58% of its population, and 32% of ethnic Hungarians. Following the interwar period, Hungary joined the Axis Powers in World War II, suffering significant damage and casualties. Hungary came under the influence of the Soviet Union, which contributed to the establishment of a four-decade long communist dictatorship (1947–1989). The country gained widespread international attention regarding the Revolution of 1956 and the seminal opening of its previously-restricted border with Austria in 1989, which accelerated the collapse of the Eastern Bloc.
On 23 October 1989, Hungary again became a democratic parliamentary republic, and is generally considered to be a developing country. Hungary is a popular tourist destination attracting 10.675 million tourists a year (2013). It is home to the largest thermal water cave system and the second largest thermal lake in the world (Lake Hévíz), the largest lake in Central Europe (Lake Balaton), and the largest natural grasslands in Europe (the Hortobágy National Park).
The economy of Hungary is a medium-sized, Upper-middle-income, structurally, politically and institutionally open economy, which is part of the European Union's (EU) single market. The economy of Hungary experienced market liberalization in the early 1990s as part of the transition from a socialist economy to a market economy, similarly to most countries in the former Eastern Bloc. Hungary is a member of the Organisation for Economic Co-operation and Development (OECD) since 1995, a member of the World Trade Organization (WTO) since 1996, and a member of the European Union since 2004. Hungary hosts the first foreign office of the China Investment Promotion Agency (CIPA).
The private sector accounts for more than 80% of the Hungarian gross domestic product (GDP). Foreign ownership of and investment in Hungarian firms are widespread, with cumulative foreign direct investment worth more than $70 billion. Hungary's main industries are mining, metallurgy, construction materials, processed foods, textiles, chemicals (especially pharmaceuticals), and motor vehicles. Hungary's main agricultural products are wheat, corn, sunflower seed, potatoes, sugar beets; pigs, cattle, poultry, and dairy products.
The currency of Hungary is called "forint" (sign: Ft; code: HUF) which was introduced in 1946. Hungary, as a member state of the European Union may seek to adopt the common European currency, the Euro. To achieve this, Hungary would need to fulfill the Maastricht criteria.
In foreign investments, Hungary has seen a shift from lower-value textile and food industry to investment in luxury vehicle production, renewable energy systems, high-end tourism, and information technology. http://www.worlddiplomacy.org states that "Prime Minister Viktor Orban's Fidesz party won another majority in 2014 and this should continue to provide further stability to Hungary, although some of his policies are seen as controversial to some. The economy should increase by over 1% as Hungary along with the rest of the European Union economies continue to recover."
wn.com/Hungary Budapest View From The Bus
Hungary is a landlocked country in Central Europe. It is situated in the Carpathian Basin and is bordered by Slovakia to the north, Ukraine and Romania to the east, Serbia and Croatia to the south, Slovenia to the southwest and Austria to the west. The country's capital and largest city is Budapest. Hungary is a member of the European Union, NATO, the OECD, the Visegrád Group, and the Schengen Area. The official language is Hungarian, which is the most widely spoken non-Indo-European language in Europe.
Following centuries of successive habitation by Celts, Romans, Huns, Slavs, Gepids, and Avars, the foundation of Hungary was laid in the late 9th century by the Hungarian grand prince Árpád in the Honfoglalás ("homeland-conquest"). His great-grandson Stephen I ascended to the throne in 1000 CE, converting the country to a Christian kingdom. By the 12th century, Hungary became a middle power within the Western world.[10] Following the Battle of Mohács in 1526, Medieval Hungary collapsed and succumbed to 150 years of partial Ottoman occupation (1541–1699). Hungary eventually came under Habsburg rule, and later formed a significant part of the Austro–Hungarian Empire (1867–1918).
Hungary's current borders were first established by the Treaty of Trianon (1920) after World War I, when the country lost 71% of its territory, 58% of its population, and 32% of ethnic Hungarians. Following the interwar period, Hungary joined the Axis Powers in World War II, suffering significant damage and casualties. Hungary came under the influence of the Soviet Union, which contributed to the establishment of a four-decade long communist dictatorship (1947–1989). The country gained widespread international attention regarding the Revolution of 1956 and the seminal opening of its previously-restricted border with Austria in 1989, which accelerated the collapse of the Eastern Bloc.
On 23 October 1989, Hungary again became a democratic parliamentary republic, and is generally considered to be a developing country. Hungary is a popular tourist destination attracting 10.675 million tourists a year (2013). It is home to the largest thermal water cave system and the second largest thermal lake in the world (Lake Hévíz), the largest lake in Central Europe (Lake Balaton), and the largest natural grasslands in Europe (the Hortobágy National Park).
The economy of Hungary is a medium-sized, Upper-middle-income, structurally, politically and institutionally open economy, which is part of the European Union's (EU) single market. The economy of Hungary experienced market liberalization in the early 1990s as part of the transition from a socialist economy to a market economy, similarly to most countries in the former Eastern Bloc. Hungary is a member of the Organisation for Economic Co-operation and Development (OECD) since 1995, a member of the World Trade Organization (WTO) since 1996, and a member of the European Union since 2004. Hungary hosts the first foreign office of the China Investment Promotion Agency (CIPA).
The private sector accounts for more than 80% of the Hungarian gross domestic product (GDP). Foreign ownership of and investment in Hungarian firms are widespread, with cumulative foreign direct investment worth more than $70 billion. Hungary's main industries are mining, metallurgy, construction materials, processed foods, textiles, chemicals (especially pharmaceuticals), and motor vehicles. Hungary's main agricultural products are wheat, corn, sunflower seed, potatoes, sugar beets; pigs, cattle, poultry, and dairy products.
The currency of Hungary is called "forint" (sign: Ft; code: HUF) which was introduced in 1946. Hungary, as a member state of the European Union may seek to adopt the common European currency, the Euro. To achieve this, Hungary would need to fulfill the Maastricht criteria.
In foreign investments, Hungary has seen a shift from lower-value textile and food industry to investment in luxury vehicle production, renewable energy systems, high-end tourism, and information technology. http://www.worlddiplomacy.org states that "Prime Minister Viktor Orban's Fidesz party won another majority in 2014 and this should continue to provide further stability to Hungary, although some of his policies are seen as controversial to some. The economy should increase by over 1% as Hungary along with the rest of the European Union economies continue to recover."
- published: 06 Oct 2014
- views: 275
-
Nicolai Wammen - The Copenhagen Criteria and Europe's way ahead
Gegužės 28 d. Danijos Karalystės Europos reikalų ministras Nicolai Wammen skaitė paskaitą „Kopenhagos kriterijai ir Europos ateitis" (The Copenhagen Criteria and Europe's way ahead). -
Future enlargement of the European Union
The future enlargement of the European Union is theoretically open to any European country which is democratic, operates a free market and is willing and able to implement all previous European Union law. Past enlargement has brought membership from six to twenty-eight members since the foundation of the European Union (EU) as the European Coal and Steel Community by the Inner Six in 1952. The accession criteria are included in the Copenhagen criteria, agreed in 1993, and the Treaty of Maastricht (Article 49). Whether a country is European or not is subject to political assessment by the EU institutions. There are six recognised candidates for membership: Albania (applied 2009), Iceland (applied 2009), Macedonia (applied 2004), Montenegro (applied 2008), Serbia (applied 2009), Turkey (appl... -
Laboratory and project based learning in the compulsory cour
Biological Chemistry is a 2nd semester course. A practical/theoretical project concerning antimicrobial resistance in retail meats was introduced. The students work in groups each responsible for a subtopic. All groups collect meat samples based on criteria defined in the class. The samples are subjected to the same set of experiments. Results are shared between groups; meaning that the groups do not present their own results, but results related to their topic on behalf of the entire class. The concept supported CDIO learning and a better understanding between theoretical and practical aspects was obtained. Moreover, the engagement in laboratory work improved. -
010. Adapting Rankers Online (part II) - Maarten de Rijke
At the heart of many effective approaches to the core information retrieval problem---identifying relevant content---lies the following three-fold strategy: obtaining content-based matches, inferring additional ranking criteria and constraints, and combining all of the above so as to arrive at a single ranking of retrieval units. As retrieval systems become more complex, learning to rank approaches are being developed to automatically tune the parameters for integrating multiple ways of ranking documents. Using online learning to rank approaches, retrieval systems can learn directly from interactions with users, while they are running. Such systems can continuously adapt to user preferences throughout their lifetime, leading to better search performance in settings where expensive manual ... -
Access MBA Live with Reims Management School
Raymond Ouellet, MBA Program Director at the Reims Management School answers candidate questions about their full-time MBA program LIVE from Reims, France. See questions below. 00:20 A few words about Raymond Ouellet, MBA Program Director at the Reims Management School 01:13 Could you tell us a little bit about RMS as an institution -- accreditation, ranking, reputation? 03:08 What kind of evolution are you expecting for the MBA in RMS in the coming years? 03:54 What advantages does the fusion between RMS and Rouen Business School offer to the students? 06:00 What are the advantages of a one-year program over the traditional two-year MBA? 08:00 How do you think that RMS trains future business leaders? 09:45 How student are expected to contribute to the MBA program? 12:15 What is the diver... -
The Reinvention of Urban Nature - ENVIRONMENT RESEARCH GROUP SEMINAR
The Reinvention of Urban Nature: Wildlife Preservation and Ecological Planning in West and Post-Unification Berlin Event hosted by the Environment Research Group. Probably there has been no other city in which issues of urban wildlife preservation have figured more prominently on the public policy agenda than in West-Berlin. During the 1970s and 80s, an emerging coalition of ecologists, activists and planners began to criticize the dominant pattern of urban development for its alleged detrimental effects on flora, fauna and habitats. By integrating criteria and practices of nature preservation into city planning they hoped to direct urban development into a more favorable form. Although the far-reaching wishes of its advocates were rarely fulfilled, since the late 1970s, ecological probl... -
Access MBA Live with ENPC MBA Paris
Marketing Director Francois Blanchet and alumnus Mamati Tembe from ENPC MBA Paris answer candidate questions about their full time program LIVE from Paris, France. See questions below. 00:30 Presenting the speakers 01:10 What makes the ENPC MBA Paris unique as an MBA program? 03:30 Could you please give us some more details on your Full-time MBA program, class size and demographics? 07:30 Mamati, is that true? 08:50 You were ranked number 2 in Europe and globally for the ENPC MBA, can you tell us more about that? 12:05 You are located in the heart of Paris so Mamati, why would you say someone should study in a city like Paris? 14:10 What are the benefits of an MBA with a specialization? 15:45 Mamati, you graduated in the Technology & Entrepreneurship specialization so can you tel... -
MBA spotlight - Audio Roundtable Discussion with IMD IE Business School
In the Audio Roundtable Discussion part of Access MBA's Spotlight Ms. Lisa Piguet from IMD and Camila Uribe from IE Business School elaborate on the benefits of their MBA programmes to potential participants. The session was held on November 4, 2013 and gathered questions from candidates from all over the globe. 00:00 Introduction. Please briefly present your MBA programmes. 00:55 IE Business School MBA programmes presentation 03:50 IMD Business School MBA programmes presentation 07:45 European programmes have been dramatically climbing in the MBA rankings for the past 10 years. Is the value of European MBAs now fully recognised outside Europe? 11:40 In what way are European programmes global: Student body, faculty, partnerships? 13:20 How do the small class size and the senior level... -
Does Transdisciplinarity Contribute to Sustainability? by Merritt Polk
Plenary talk from the First Global Conference on Research Integration and Implementation: "Does Transdisciplinarity Contribute to Sustainability? Testing and Evaluating a Framework for Transdisciplinary Knowledge Production for Sustainable Social Change." It is commonly assumed that transdisciplinary research is more able to contribute to societal problem solving than traditional forms of research. This assumption is based on the analytical belief that collaboration between and among social actors, disciplinary knowledge and practical expertise is necessary for contributing to sustainability. Such collaboration is seen to capture the diversity of values, knowledge, and practical know-how that is needed to produce socially robust, legitimate and accountable forms of knowledge for sustainabi... -
EU's Economic Governance and Bulgaria
A public discussion organised by euinside as part of a project, financed by the European Parliament, on the reform of the economic governance of the EU and the challenges it poses for Bulgaria. The discussion is in response to a debate euinside held in Brussels with MEPs from the four largest political groups in the European Parliament in the peak of the negotitiations on the Six Pack. In the discussion in Sofia took part representratives of the Bulgarian National Assembly, Bulgarian representatives of the European Parliament, economists and political scientists. The debate in Brussels can also be found in our YouTube channel. -
Introduction of Inaugural Members of the Academy of Faculty Master Educators
On June 5, 2012, the 16 inaugural members of the Geisel School of Medicine at Dartmouth's Academy of Faculty Master Educators were introduced by their current and former students at Dean Wiley "Chip" Souba's annual State of the Medical School address. Members of this distinguished group were nominated by their fellow faculty because of their demonstrated commitment to excellence in teaching and medical education. The inaugural members of the Academy of Faculty Master Educators: James Bell, MD, Associate Professor of Medicine Duane Compton, PhD, Senior Associate Dean of Research, Professor of Biochemistry Leslie Fall, MD, Professor of Pediatrics Virginia Lyons, PhD, Associate Professor of Anatomy Harold Manning, MD, Professor of Medicine, Physiology & Neurobiology, and Anesthesiology Eu... -
Mod-01 Lec-09 Lecture-09International Economics
International Economics by Dr. Somesh K. Mathur, Department of Humanities and Social Sciences, IIT Kanpur. For more details on NPTEL visit http://nptel.iitm.ac.in -
Research Facts for University Student Projects
This is a video session for students at University of Jaffna, Sri Lanka done by Dileepa Jayathilaka (Technical Architect -- 99X Technology, Sri Lanka). This covers essential facts to conduct a research project and how to go beyond. Subscribe and visit: research.99xtechnology.com -
PLAN B - Varoufakis shocking revelations
Full recording with English subtitles. Click on (cc) to activate them. Legendas em português também disponíveis. As revelações de Yanis Varoufakis sobre o 'Plano B' do governo do Syriza. Um confisco e conversão forçada que jamais aconteceu, por motivos explicados na gravação. Shocking revelations were made by the recently dismissed Yanis Varoufakis, who served as Greece`s Minister of Finance. A leaked audio exposed all gory details of this 'surreptitious' plot - that is HIS own words! Having struggled to get their money system back from the Troika, he devised a 'plan B' known only to a handful of people in order to get up and running with a parallel system. Is he getting away with this? Unfortunately what Yannis represents is well-known in South America, and the madness leaked to Eur... -
PBL groups 1 and 2 feeding back
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Slice of LIME Seminar: NGARA ... DEEP LISTENING ... SEEING 'TWO WAYS'
Slice of LIME Seminar - Recording For more information and to become a member: http://limenetwork.net.au/content/why-become-lime-member ~NGARA ... DEEP LISTENING ... SEEING 'TWO WAYS' What can Indigenous knowledge, mindfulness and observational skills training bring to medical practice?~ This third Slice of LIME Seminar took place on Friday, 12 September 2014 at Flinders University South Australia, facilitated by Prof Dennis McDermott from the Poche Centre for Indigenous Health and Well-Being, Flinders University, South Australia, as part of the A.K.A. (Aboriginal Knowledge in the Academy) Seminar Series. This third seminar was presented by the Leaders in Indigenous Medical Education (LIME) Network, the Poche Centre for Indigenous Health and Well-Being, Adelaide, the Office for Learnin... -
CPH Study Session Webinar - Health Policy and Management
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Is the Euro Crisis Over?
William K. Black, Paolo Manasse, and John Weeks discuss the Euro and the danger of global recession
Nicolai Wammen - The Copenhagen Criteria and Europe's way ahead
- Order: Reorder
- Duration: 28:45
- Updated: 04 Jun 2013
- views: 141
Gegužės 28 d. Danijos Karalystės Europos reikalų ministras Nicolai Wammen skaitė paskaitą „Kopenhagos kriterijai ir Europos ateitis" (The Copenhagen Criteria an...
Gegužės 28 d. Danijos Karalystės Europos reikalų ministras Nicolai Wammen skaitė paskaitą „Kopenhagos kriterijai ir Europos ateitis" (The Copenhagen Criteria and Europe's way ahead).
wn.com/Nicolai Wammen The Copenhagen Criteria And Europe's Way Ahead
Gegužės 28 d. Danijos Karalystės Europos reikalų ministras Nicolai Wammen skaitė paskaitą „Kopenhagos kriterijai ir Europos ateitis" (The Copenhagen Criteria and Europe's way ahead).
- published: 04 Jun 2013
- views: 141
Future enlargement of the European Union
- Order: Reorder
- Duration: 90:50
- Updated: 03 Oct 2014
- views: 650
The future enlargement of the European Union is theoretically open to any European country which is democratic, operates a free market and is willing and able t...
The future enlargement of the European Union is theoretically open to any European country which is democratic, operates a free market and is willing and able to implement all previous European Union law. Past enlargement has brought membership from six to twenty-eight members since the foundation of the European Union (EU) as the European Coal and Steel Community by the Inner Six in 1952. The accession criteria are included in the Copenhagen criteria, agreed in 1993, and the Treaty of Maastricht (Article 49). Whether a country is European or not is subject to political assessment by the EU institutions.
There are six recognised candidates for membership: Albania (applied 2009), Iceland (applied 2009), Macedonia (applied 2004), Montenegro (applied 2008), Serbia (applied 2009), Turkey (applied 1987). All candidate countries except Albania and Macedonia have started membership negotiations. Kosovo*, whose independence is not recognised by five EU member states, and Bosnia and Herzegovina are recognised as potential candidates for membership by the EU. Bosnia has signed a Stabilisation and Association Agreement (SAA) with the EU which is undergoing ratification, which generally precede the lodging of membership applications, while Kosovo has completed negotiations on their SAA.
This video is targeted to blind users.
Attribution:
Article text available under CC-BY-SA
Creative Commons image source in video
wn.com/Future Enlargement Of The European Union
The future enlargement of the European Union is theoretically open to any European country which is democratic, operates a free market and is willing and able to implement all previous European Union law. Past enlargement has brought membership from six to twenty-eight members since the foundation of the European Union (EU) as the European Coal and Steel Community by the Inner Six in 1952. The accession criteria are included in the Copenhagen criteria, agreed in 1993, and the Treaty of Maastricht (Article 49). Whether a country is European or not is subject to political assessment by the EU institutions.
There are six recognised candidates for membership: Albania (applied 2009), Iceland (applied 2009), Macedonia (applied 2004), Montenegro (applied 2008), Serbia (applied 2009), Turkey (applied 1987). All candidate countries except Albania and Macedonia have started membership negotiations. Kosovo*, whose independence is not recognised by five EU member states, and Bosnia and Herzegovina are recognised as potential candidates for membership by the EU. Bosnia has signed a Stabilisation and Association Agreement (SAA) with the EU which is undergoing ratification, which generally precede the lodging of membership applications, while Kosovo has completed negotiations on their SAA.
This video is targeted to blind users.
Attribution:
Article text available under CC-BY-SA
Creative Commons image source in video
- published: 03 Oct 2014
- views: 650
Laboratory and project based learning in the compulsory cour
- Order: Reorder
- Duration: 24:18
- Updated: 25 Jun 2011
- views: 81
Biological Chemistry is a 2nd semester course. A practical/theoretical project concerning antimicrobial resistance in retail meats was introduced. The students ...
Biological Chemistry is a 2nd semester course. A practical/theoretical project concerning antimicrobial resistance in retail meats was introduced. The students work in groups each responsible for a subtopic. All groups collect meat samples based on criteria defined in the class. The samples are subjected to the same set of experiments. Results are shared between groups; meaning that the groups do not present their own results, but results related to their topic on behalf of the entire class. The concept supported CDIO learning and a better understanding between theoretical and practical aspects was obtained. Moreover, the engagement in laboratory work improved.
wn.com/Laboratory And Project Based Learning In The Compulsory Cour
Biological Chemistry is a 2nd semester course. A practical/theoretical project concerning antimicrobial resistance in retail meats was introduced. The students work in groups each responsible for a subtopic. All groups collect meat samples based on criteria defined in the class. The samples are subjected to the same set of experiments. Results are shared between groups; meaning that the groups do not present their own results, but results related to their topic on behalf of the entire class. The concept supported CDIO learning and a better understanding between theoretical and practical aspects was obtained. Moreover, the engagement in laboratory work improved.
- published: 25 Jun 2011
- views: 81
010. Adapting Rankers Online (part II) - Maarten de Rijke
- Order: Reorder
- Duration: 32:04
- Updated: 26 Nov 2014
- views: 46
At the heart of many effective approaches to the core information retrieval problem---identifying relevant content---lies the following three-fold strategy: obt...
At the heart of many effective approaches to the core information retrieval problem---identifying relevant content---lies the following three-fold strategy: obtaining content-based matches, inferring additional ranking criteria and constraints, and combining all of the above so as to arrive at a single ranking of retrieval units.
As retrieval systems become more complex, learning to rank approaches are being developed to automatically tune the parameters for integrating multiple ways of ranking documents. Using online learning to rank approaches, retrieval systems can learn directly from interactions with users, while they are running. Such systems can continuously adapt to user preferences throughout their lifetime, leading to better search performance in settings where expensive manual tuning is infeasible.
In the talk Maarten de Rijke focused on two issues related to online learning to rank: fist,the professor discussed the issue of balancing exploitation (that is, using what has been learned so far) and exploration (i.e., trying our alternatives so as to learn effectively). Second, presented a new method for comparing retrieval functions using implicit feedback. The method is based on a probabilistic model of such comparisons. The analytical and experimental results showed that the method is more accurate, and more robust to noise than existing methods.
The talk was based on joint work with Katja Hofmann and Shimon Whiteson.
wn.com/010. Adapting Rankers Online (Part Ii) Maarten De Rijke
At the heart of many effective approaches to the core information retrieval problem---identifying relevant content---lies the following three-fold strategy: obtaining content-based matches, inferring additional ranking criteria and constraints, and combining all of the above so as to arrive at a single ranking of retrieval units.
As retrieval systems become more complex, learning to rank approaches are being developed to automatically tune the parameters for integrating multiple ways of ranking documents. Using online learning to rank approaches, retrieval systems can learn directly from interactions with users, while they are running. Such systems can continuously adapt to user preferences throughout their lifetime, leading to better search performance in settings where expensive manual tuning is infeasible.
In the talk Maarten de Rijke focused on two issues related to online learning to rank: fist,the professor discussed the issue of balancing exploitation (that is, using what has been learned so far) and exploration (i.e., trying our alternatives so as to learn effectively). Second, presented a new method for comparing retrieval functions using implicit feedback. The method is based on a probabilistic model of such comparisons. The analytical and experimental results showed that the method is more accurate, and more robust to noise than existing methods.
The talk was based on joint work with Katja Hofmann and Shimon Whiteson.
- published: 26 Nov 2014
- views: 46
Access MBA Live with Reims Management School
- Order: Reorder
- Duration: 57:36
- Updated: 10 Jun 2013
- views: 515
Raymond Ouellet, MBA Program Director at the Reims Management School answers candidate questions about their full-time MBA program LIVE from Reims, France. See ...
Raymond Ouellet, MBA Program Director at the Reims Management School answers candidate questions about their full-time MBA program LIVE from Reims, France. See questions below.
00:20 A few words about Raymond Ouellet, MBA Program Director at the Reims Management School
01:13 Could you tell us a little bit about RMS as an institution -- accreditation, ranking, reputation?
03:08 What kind of evolution are you expecting for the MBA in RMS in the coming years?
03:54 What advantages does the fusion between RMS and Rouen Business School offer to the students?
06:00 What are the advantages of a one-year program over the traditional two-year MBA?
08:00 How do you think that RMS trains future business leaders?
09:45 How student are expected to contribute to the MBA program?
12:15 What is the diversity of the student body and the professors at RMS?
14:10 What is the percentage of international students at RMS?
14:50 What international experience does RMS provide to its students?
15:40 What should candidates look at when selecting the right MBA for them?
18:10 Why would a student choose a specialised program over the general MBA program?
19:44 What is the benefits of specializations during the MBA program in RMS?
22:14 Would a Pilipino student be easily admitted to a program in France?
24:10 How does the school support the students' future career after the MBA program?
25:38 What are your criteria for admission, timings for applications, etc.?
29:40 How can I increase my chances of getting admitted to RMS?
31:35 Is it easy to find a job in Europe after an MBA in RMS?
35:35 Will choosing the Reims MBA increase my chances of getting a higher salary and job position?
37:20 How would you measure the return on investment of the RMS program and is it only monetary or does it have other dimensions as well?
41:18 Is the work experience you require limited to 3-5 years or can candidates with 10+ years of experience also apply?
43:31 Is it easy to learn French while studying in RMS and how does the school support language learning?
45:08 Does the tuition fee cover study abroad trips?
46:34 What are criteria for your scholarships?
48:06 What are the timings admission and application?
51:33 What is the typical career path of an MBA graduate from for RMS?
53:34 What is your favourite thing about RMS?
55:35 Can you do the RMS MBA program if you are employed and you can't take a year off work?
wn.com/Access Mba Live With Reims Management School
Raymond Ouellet, MBA Program Director at the Reims Management School answers candidate questions about their full-time MBA program LIVE from Reims, France. See questions below.
00:20 A few words about Raymond Ouellet, MBA Program Director at the Reims Management School
01:13 Could you tell us a little bit about RMS as an institution -- accreditation, ranking, reputation?
03:08 What kind of evolution are you expecting for the MBA in RMS in the coming years?
03:54 What advantages does the fusion between RMS and Rouen Business School offer to the students?
06:00 What are the advantages of a one-year program over the traditional two-year MBA?
08:00 How do you think that RMS trains future business leaders?
09:45 How student are expected to contribute to the MBA program?
12:15 What is the diversity of the student body and the professors at RMS?
14:10 What is the percentage of international students at RMS?
14:50 What international experience does RMS provide to its students?
15:40 What should candidates look at when selecting the right MBA for them?
18:10 Why would a student choose a specialised program over the general MBA program?
19:44 What is the benefits of specializations during the MBA program in RMS?
22:14 Would a Pilipino student be easily admitted to a program in France?
24:10 How does the school support the students' future career after the MBA program?
25:38 What are your criteria for admission, timings for applications, etc.?
29:40 How can I increase my chances of getting admitted to RMS?
31:35 Is it easy to find a job in Europe after an MBA in RMS?
35:35 Will choosing the Reims MBA increase my chances of getting a higher salary and job position?
37:20 How would you measure the return on investment of the RMS program and is it only monetary or does it have other dimensions as well?
41:18 Is the work experience you require limited to 3-5 years or can candidates with 10+ years of experience also apply?
43:31 Is it easy to learn French while studying in RMS and how does the school support language learning?
45:08 Does the tuition fee cover study abroad trips?
46:34 What are criteria for your scholarships?
48:06 What are the timings admission and application?
51:33 What is the typical career path of an MBA graduate from for RMS?
53:34 What is your favourite thing about RMS?
55:35 Can you do the RMS MBA program if you are employed and you can't take a year off work?
- published: 10 Jun 2013
- views: 515
The Reinvention of Urban Nature - ENVIRONMENT RESEARCH GROUP SEMINAR
- Order: Reorder
- Duration: 48:30
- Updated: 07 Mar 2014
- views: 138
The Reinvention of Urban Nature: Wildlife Preservation and Ecological Planning in West and Post-Unification Berlin
Event hosted by the Environment Research Gro...
The Reinvention of Urban Nature: Wildlife Preservation and Ecological Planning in West and Post-Unification Berlin
Event hosted by the Environment Research Group.
Probably there has been no other city in which issues of urban wildlife preservation have figured more prominently on the public policy agenda than in West-Berlin. During the 1970s and 80s, an emerging coalition of ecologists, activists and planners began to criticize the dominant pattern of urban development for its alleged detrimental effects on flora, fauna and habitats. By integrating criteria and practices of nature preservation into city planning they hoped to direct urban development into a more favorable form. Although the far-reaching wishes of its advocates were rarely fulfilled, since the late 1970s, ecological problem framings were institutionalized in many planning decisions and regulatory practices of Berlin city planning.
The presentation seeks to shed light on the scientific and political dynamics through which a new form of nature came into being and was institutionalized as an object of public concern. Drawing upon a constructivist notion of scientific knowledge and space, it traces the various ways in which ecological planning discourse was both connected to and constitutive of new urban spatialities. As it will be argued, the rise of ecological planning was not just the reaction on pre-existing environmental problems, but a complex process of place-making in which both a new type of "nature" and a new concept of the "urban" have been produced. As it will be argued, the conflicts that surrounded the project of urban nature protection in Berlin reveal tensions and dilemmas that will be characteristic for any form of conservationism in an age of increasing ecological novelty.
wn.com/The Reinvention Of Urban Nature Environment Research Group Seminar
The Reinvention of Urban Nature: Wildlife Preservation and Ecological Planning in West and Post-Unification Berlin
Event hosted by the Environment Research Group.
Probably there has been no other city in which issues of urban wildlife preservation have figured more prominently on the public policy agenda than in West-Berlin. During the 1970s and 80s, an emerging coalition of ecologists, activists and planners began to criticize the dominant pattern of urban development for its alleged detrimental effects on flora, fauna and habitats. By integrating criteria and practices of nature preservation into city planning they hoped to direct urban development into a more favorable form. Although the far-reaching wishes of its advocates were rarely fulfilled, since the late 1970s, ecological problem framings were institutionalized in many planning decisions and regulatory practices of Berlin city planning.
The presentation seeks to shed light on the scientific and political dynamics through which a new form of nature came into being and was institutionalized as an object of public concern. Drawing upon a constructivist notion of scientific knowledge and space, it traces the various ways in which ecological planning discourse was both connected to and constitutive of new urban spatialities. As it will be argued, the rise of ecological planning was not just the reaction on pre-existing environmental problems, but a complex process of place-making in which both a new type of "nature" and a new concept of the "urban" have been produced. As it will be argued, the conflicts that surrounded the project of urban nature protection in Berlin reveal tensions and dilemmas that will be characteristic for any form of conservationism in an age of increasing ecological novelty.
- published: 07 Mar 2014
- views: 138
Access MBA Live with ENPC MBA Paris
- Order: Reorder
- Duration: 49:26
- Updated: 15 Mar 2013
- views: 459
Marketing Director Francois Blanchet and alumnus Mamati Tembe from ENPC MBA Paris answer candidate questions about their full time program LIVE from Paris, Fran...
Marketing Director Francois Blanchet and alumnus Mamati Tembe from ENPC MBA Paris answer candidate questions about their full time program LIVE from Paris, France. See questions below.
00:30 Presenting the speakers
01:10 What makes the ENPC MBA Paris unique as an MBA program?
03:30 Could you please give us some more details on your Full-time MBA program, class
size and demographics?
07:30 Mamati, is that true?
08:50 You were ranked number 2 in Europe and globally for the ENPC MBA, can you tell us more about that?
12:05 You are located in the heart of Paris so Mamati, why would you say someone should study in a city like Paris?
14:10 What are the benefits of an MBA with a specialization?
15:45 Mamati, you graduated in the Technology & Entrepreneurship specialization so can you tell us how has that helped you?
17:10 What is the deadline for admission for the Technology & Entrepreneurship program?
19:05 Mamati, can you tell us a bit more about the help you have received as career services while you were studying?
20:55 Francois, anything to add to that?
23:20 Do you accept other admissions tests other than the GMAT, such as the GRE for example?
24:35 What are the criteria that are most important when choosing an MBA?
26:55 Anything to add to that Francois?
28:55 What kind of return on investment can candidates expect from the MBA?
30:50 Mamati, what is your view on the return on investment?
32:25 How did the MBA contribute to your career advancement and personal development?
34:35 Francois do you have anything to add to that?
36:30 How are MBA participants expected to contribute to the program?
38:45 What are the skills that make a profile strong for your MBA?
40:45 Mamati, how active are the members of your class in networking with your peers and alumni?
42:50 Do you offer scholarships and the ENPC MBA Paris?
45:10 Mamati, anything to add to that?
46:45 What kind of letters of recommendations do you require when someone applies to your MBA program?
wn.com/Access Mba Live With Enpc Mba Paris
Marketing Director Francois Blanchet and alumnus Mamati Tembe from ENPC MBA Paris answer candidate questions about their full time program LIVE from Paris, France. See questions below.
00:30 Presenting the speakers
01:10 What makes the ENPC MBA Paris unique as an MBA program?
03:30 Could you please give us some more details on your Full-time MBA program, class
size and demographics?
07:30 Mamati, is that true?
08:50 You were ranked number 2 in Europe and globally for the ENPC MBA, can you tell us more about that?
12:05 You are located in the heart of Paris so Mamati, why would you say someone should study in a city like Paris?
14:10 What are the benefits of an MBA with a specialization?
15:45 Mamati, you graduated in the Technology & Entrepreneurship specialization so can you tell us how has that helped you?
17:10 What is the deadline for admission for the Technology & Entrepreneurship program?
19:05 Mamati, can you tell us a bit more about the help you have received as career services while you were studying?
20:55 Francois, anything to add to that?
23:20 Do you accept other admissions tests other than the GMAT, such as the GRE for example?
24:35 What are the criteria that are most important when choosing an MBA?
26:55 Anything to add to that Francois?
28:55 What kind of return on investment can candidates expect from the MBA?
30:50 Mamati, what is your view on the return on investment?
32:25 How did the MBA contribute to your career advancement and personal development?
34:35 Francois do you have anything to add to that?
36:30 How are MBA participants expected to contribute to the program?
38:45 What are the skills that make a profile strong for your MBA?
40:45 Mamati, how active are the members of your class in networking with your peers and alumni?
42:50 Do you offer scholarships and the ENPC MBA Paris?
45:10 Mamati, anything to add to that?
46:45 What kind of letters of recommendations do you require when someone applies to your MBA program?
- published: 15 Mar 2013
- views: 459
MBA spotlight - Audio Roundtable Discussion with IMD IE Business School
- Order: Reorder
- Duration: 51:34
- Updated: 05 Nov 2013
- views: 309
In the Audio Roundtable Discussion part of Access MBA's Spotlight Ms. Lisa Piguet from IMD and Camila Uribe from IE Business School elaborate on the benefits of...
In the Audio Roundtable Discussion part of Access MBA's Spotlight Ms. Lisa Piguet from IMD and Camila Uribe from IE Business School elaborate on the benefits of their MBA programmes to potential participants. The session was held on November 4, 2013 and gathered questions from candidates from all over the globe.
00:00 Introduction. Please briefly present your MBA programmes.
00:55 IE Business School MBA programmes presentation
03:50 IMD Business School MBA programmes presentation
07:45 European programmes have been dramatically climbing in the MBA rankings for the past 10 years. Is the value of European MBAs now fully recognised outside Europe?
11:40 In what way are European programmes global: Student body, faculty, partnerships?
13:20 How do the small class size and the senior level of the student body in European MBAs benefit programme participants?
17:25 A recent GMAC survey shows that MBA graduates earn more in Europe than in the US. (The average annual salary of MBA alumni in Europe equals 105,120 USD.) Do you have an explanation for this fact?
20:35 Ninety percent of the MBA graduates of top business schools find a job placement within three months after graduation. How do European MBAs achieve such a high job placement rate?
24:40 How important is networking for MBA graduates? What specific networking opportunities do top European business schools offer?
29:25 The traditional US MBA launched 105 years ago has a two-year duration. European MBAs offer shorter programmes of between ten and sixteen months on average. How does the shorter duration influence the programme content? Does it have any impact on the MBA experience?
34:20 International mobility in Europe is easy thanks to smaller distances. Moreover, an increasing number of part-time programmes have been launched by European business schools in the past few years. What is employers' perception of part-time programmes versus full-time MBAs?
40:40 What is the importance of the cultural specifics and the location for a European MBA? What other criteria are crucial when choosing a European MBA?
48:07 What kind of candidate profiles are you looking for?
wn.com/Mba Spotlight Audio Roundtable Discussion With Imd Ie Business School
In the Audio Roundtable Discussion part of Access MBA's Spotlight Ms. Lisa Piguet from IMD and Camila Uribe from IE Business School elaborate on the benefits of their MBA programmes to potential participants. The session was held on November 4, 2013 and gathered questions from candidates from all over the globe.
00:00 Introduction. Please briefly present your MBA programmes.
00:55 IE Business School MBA programmes presentation
03:50 IMD Business School MBA programmes presentation
07:45 European programmes have been dramatically climbing in the MBA rankings for the past 10 years. Is the value of European MBAs now fully recognised outside Europe?
11:40 In what way are European programmes global: Student body, faculty, partnerships?
13:20 How do the small class size and the senior level of the student body in European MBAs benefit programme participants?
17:25 A recent GMAC survey shows that MBA graduates earn more in Europe than in the US. (The average annual salary of MBA alumni in Europe equals 105,120 USD.) Do you have an explanation for this fact?
20:35 Ninety percent of the MBA graduates of top business schools find a job placement within three months after graduation. How do European MBAs achieve such a high job placement rate?
24:40 How important is networking for MBA graduates? What specific networking opportunities do top European business schools offer?
29:25 The traditional US MBA launched 105 years ago has a two-year duration. European MBAs offer shorter programmes of between ten and sixteen months on average. How does the shorter duration influence the programme content? Does it have any impact on the MBA experience?
34:20 International mobility in Europe is easy thanks to smaller distances. Moreover, an increasing number of part-time programmes have been launched by European business schools in the past few years. What is employers' perception of part-time programmes versus full-time MBAs?
40:40 What is the importance of the cultural specifics and the location for a European MBA? What other criteria are crucial when choosing a European MBA?
48:07 What kind of candidate profiles are you looking for?
- published: 05 Nov 2013
- views: 309
Does Transdisciplinarity Contribute to Sustainability? by Merritt Polk
- Order: Reorder
- Duration: 26:38
- Updated: 03 Oct 2014
- views: 190
Plenary talk from the First Global Conference on Research Integration and Implementation: "Does Transdisciplinarity Contribute to Sustainability? Testing and Ev...
Plenary talk from the First Global Conference on Research Integration and Implementation: "Does Transdisciplinarity Contribute to Sustainability? Testing and Evaluating a Framework for Transdisciplinary Knowledge Production for Sustainable Social Change." It is commonly assumed that transdisciplinary research is more able to contribute to societal problem solving than traditional forms of research. This assumption is based on the analytical belief that collaboration between and among social actors, disciplinary knowledge and practical expertise is necessary for contributing to sustainability. Such collaboration is seen to capture the diversity of values, knowledge, and practical know-how that is needed to produce socially robust, legitimate and accountable forms of knowledge for sustainability. However, while analytically compelling, such assumptions do not necessarily hold up in the harsh reality of current socio-environmental challenges. In order to live up to the ambition to contribute to sustainability, transdisciplinary research requires a framework that can both manage the research process and ensure that the desired results are achieved.
This presentation describes how transdisciplinary research contributes to sustainability through a case study of five projects in Gothenburg, Sweden. Contributions to sustainability are assessed from a selection of criteria which appraise both the process and the outcomes. The conclusions show that the transdisciplinary framework successfully addressed many crucial issues for ensuring in-depth collaboration by a variety of diverse stakeholders from both research and practice. It successfully promoted a high level of stakeholder participation and situated learning across diverse sectors and disciplines in a variety of different substantive areas. However, while socially robust knowledge was indeed produced; institutional and organizational norms and decision-making processes effectively excluded such hybrid forms of learning and knowledge production from everyday practice. Overall, the framework fell short in its lack of mechanisms for capturing the results of the transdisciplinary processes and re-integrating them back the wider realms of everyday practice where social change occurs.
Speaker biography: Merritt Polk is an Associate Professor in Human Ecology at the School of Global Studies, University of Gothenburg. She is also a co-director at Mistra-Urban Futures, a transdisciplinary Center for sustainable urban development. At the Center, Merritt heads the development of a transdisciplinary methodology for the co-production of knowledge and capacity building between and among different disciplines, and private, semi-private and public organizations. She is responsible for developing and evaluating guidelines and strategies for ensuring that the knowledge produced at the Center is usable for the targeted stakeholder groups. Some of her current research projects include: transdisciplinary learning, links between transdisciplinary and sustainability, and evaluating transdisciplinarity by combining practical relevance and scientific excellence.
Introduced by Deborah O'Connell.
The First Global Conference on Research Integration and Implementation was held in Canberra in Australia, online and at three co-conferences (Lueneburg in Germany, The Hague in the Netherlands and Montevideo in Uruguay), 8-11 September 2013.
wn.com/Does Transdisciplinarity Contribute To Sustainability By Merritt Polk
Plenary talk from the First Global Conference on Research Integration and Implementation: "Does Transdisciplinarity Contribute to Sustainability? Testing and Evaluating a Framework for Transdisciplinary Knowledge Production for Sustainable Social Change." It is commonly assumed that transdisciplinary research is more able to contribute to societal problem solving than traditional forms of research. This assumption is based on the analytical belief that collaboration between and among social actors, disciplinary knowledge and practical expertise is necessary for contributing to sustainability. Such collaboration is seen to capture the diversity of values, knowledge, and practical know-how that is needed to produce socially robust, legitimate and accountable forms of knowledge for sustainability. However, while analytically compelling, such assumptions do not necessarily hold up in the harsh reality of current socio-environmental challenges. In order to live up to the ambition to contribute to sustainability, transdisciplinary research requires a framework that can both manage the research process and ensure that the desired results are achieved.
This presentation describes how transdisciplinary research contributes to sustainability through a case study of five projects in Gothenburg, Sweden. Contributions to sustainability are assessed from a selection of criteria which appraise both the process and the outcomes. The conclusions show that the transdisciplinary framework successfully addressed many crucial issues for ensuring in-depth collaboration by a variety of diverse stakeholders from both research and practice. It successfully promoted a high level of stakeholder participation and situated learning across diverse sectors and disciplines in a variety of different substantive areas. However, while socially robust knowledge was indeed produced; institutional and organizational norms and decision-making processes effectively excluded such hybrid forms of learning and knowledge production from everyday practice. Overall, the framework fell short in its lack of mechanisms for capturing the results of the transdisciplinary processes and re-integrating them back the wider realms of everyday practice where social change occurs.
Speaker biography: Merritt Polk is an Associate Professor in Human Ecology at the School of Global Studies, University of Gothenburg. She is also a co-director at Mistra-Urban Futures, a transdisciplinary Center for sustainable urban development. At the Center, Merritt heads the development of a transdisciplinary methodology for the co-production of knowledge and capacity building between and among different disciplines, and private, semi-private and public organizations. She is responsible for developing and evaluating guidelines and strategies for ensuring that the knowledge produced at the Center is usable for the targeted stakeholder groups. Some of her current research projects include: transdisciplinary learning, links between transdisciplinary and sustainability, and evaluating transdisciplinarity by combining practical relevance and scientific excellence.
Introduced by Deborah O'Connell.
The First Global Conference on Research Integration and Implementation was held in Canberra in Australia, online and at three co-conferences (Lueneburg in Germany, The Hague in the Netherlands and Montevideo in Uruguay), 8-11 September 2013.
- published: 03 Oct 2014
- views: 190
EU's Economic Governance and Bulgaria
- Order: Reorder
- Duration: 100:15
- Updated: 03 Aug 2011
- views: 1081
A public discussion organised by euinside as part of a project, financed by the European Parliament, on the reform of the economic governance of the EU and the ...
A public discussion organised by euinside as part of a project, financed by the European Parliament, on the reform of the economic governance of the EU and the challenges it poses for Bulgaria. The discussion is in response to a debate euinside held in Brussels with MEPs from the four largest political groups in the European Parliament in the peak of the negotitiations on the Six Pack. In the discussion in Sofia took part representratives of the Bulgarian National Assembly, Bulgarian representatives of the European Parliament, economists and political scientists. The debate in Brussels can also be found in our YouTube channel.
wn.com/Eu's Economic Governance And Bulgaria
A public discussion organised by euinside as part of a project, financed by the European Parliament, on the reform of the economic governance of the EU and the challenges it poses for Bulgaria. The discussion is in response to a debate euinside held in Brussels with MEPs from the four largest political groups in the European Parliament in the peak of the negotitiations on the Six Pack. In the discussion in Sofia took part representratives of the Bulgarian National Assembly, Bulgarian representatives of the European Parliament, economists and political scientists. The debate in Brussels can also be found in our YouTube channel.
- published: 03 Aug 2011
- views: 1081
Introduction of Inaugural Members of the Academy of Faculty Master Educators
- Order: Reorder
- Duration: 38:36
- Updated: 10 Jul 2012
- views: 505
On June 5, 2012, the 16 inaugural members of the Geisel School of Medicine at Dartmouth's Academy of Faculty Master Educators were introduced by their current a...
On June 5, 2012, the 16 inaugural members of the Geisel School of Medicine at Dartmouth's Academy of Faculty Master Educators were introduced by their current and former students at Dean Wiley "Chip" Souba's annual State of the Medical School address. Members of this distinguished group were nominated by their fellow faculty because of their demonstrated commitment to excellence in teaching and medical education.
The inaugural members of the Academy of Faculty Master Educators:
James Bell, MD, Associate Professor of Medicine
Duane Compton, PhD, Senior Associate Dean of Research, Professor of Biochemistry
Leslie Fall, MD, Professor of Pediatrics
Virginia Lyons, PhD, Associate Professor of Anatomy
Harold Manning, MD, Professor of Medicine, Physiology & Neurobiology, and Anesthesiology
Eugene Nattie, MD, Professor of Physiology & Neurobiology
David Nierenberg, MD, Professor of Medicine and Pharmacology & Toxicology
Joseph O'Donnell, MD, Professor of Medicine and Psychiatry
Worth Parker, MD, Associate Professor of Medicine and of Pediatrics
Elmer Pfefferkorn, PhD, Professor of Microbiology & Immunology
Roshini Pinto-Powell, MD, Associate Professor of Medicine
Catherine Pipas, MD, MPH, Associate Professor of Community & Family Medicine
Richard Rothstein, MD, Professor of Medicine and Surgery (also interim Chair of Medicine)
Ronald Taylor, PhD, Professor of Microbiology & Immunology
H. Gilbert Welch, MD, MPH, Professor of Medicine, The Dartmouth Institute, and Community & Family Medicine
Lee Witters, MD, Professor of Medicine and Biochemistry
wn.com/Introduction Of Inaugural Members Of The Academy Of Faculty Master Educators
On June 5, 2012, the 16 inaugural members of the Geisel School of Medicine at Dartmouth's Academy of Faculty Master Educators were introduced by their current and former students at Dean Wiley "Chip" Souba's annual State of the Medical School address. Members of this distinguished group were nominated by their fellow faculty because of their demonstrated commitment to excellence in teaching and medical education.
The inaugural members of the Academy of Faculty Master Educators:
James Bell, MD, Associate Professor of Medicine
Duane Compton, PhD, Senior Associate Dean of Research, Professor of Biochemistry
Leslie Fall, MD, Professor of Pediatrics
Virginia Lyons, PhD, Associate Professor of Anatomy
Harold Manning, MD, Professor of Medicine, Physiology & Neurobiology, and Anesthesiology
Eugene Nattie, MD, Professor of Physiology & Neurobiology
David Nierenberg, MD, Professor of Medicine and Pharmacology & Toxicology
Joseph O'Donnell, MD, Professor of Medicine and Psychiatry
Worth Parker, MD, Associate Professor of Medicine and of Pediatrics
Elmer Pfefferkorn, PhD, Professor of Microbiology & Immunology
Roshini Pinto-Powell, MD, Associate Professor of Medicine
Catherine Pipas, MD, MPH, Associate Professor of Community & Family Medicine
Richard Rothstein, MD, Professor of Medicine and Surgery (also interim Chair of Medicine)
Ronald Taylor, PhD, Professor of Microbiology & Immunology
H. Gilbert Welch, MD, MPH, Professor of Medicine, The Dartmouth Institute, and Community & Family Medicine
Lee Witters, MD, Professor of Medicine and Biochemistry
- published: 10 Jul 2012
- views: 505
Mod-01 Lec-09 Lecture-09International Economics
- Order: Reorder
- Duration: 55:45
- Updated: 22 May 2013
- views: 451
International Economics by Dr. Somesh K. Mathur, Department of Humanities and Social Sciences, IIT Kanpur. For more details on NPTEL visit http://nptel.iitm.ac....
International Economics by Dr. Somesh K. Mathur, Department of Humanities and Social Sciences, IIT Kanpur. For more details on NPTEL visit http://nptel.iitm.ac.in
wn.com/Mod 01 Lec 09 Lecture 09International Economics
International Economics by Dr. Somesh K. Mathur, Department of Humanities and Social Sciences, IIT Kanpur. For more details on NPTEL visit http://nptel.iitm.ac.in
- published: 22 May 2013
- views: 451
Research Facts for University Student Projects
- Order: Reorder
- Duration: 36:25
- Updated: 23 Apr 2012
- views: 400
This is a video session for students at University of Jaffna, Sri Lanka done by Dileepa Jayathilaka (Technical Architect -- 99X Technology, Sri Lanka). This cov...
This is a video session for students at University of Jaffna, Sri Lanka done by Dileepa Jayathilaka (Technical Architect -- 99X Technology, Sri Lanka). This covers essential facts to conduct a research project and how to go beyond.
Subscribe and visit: research.99xtechnology.com
wn.com/Research Facts For University Student Projects
This is a video session for students at University of Jaffna, Sri Lanka done by Dileepa Jayathilaka (Technical Architect -- 99X Technology, Sri Lanka). This covers essential facts to conduct a research project and how to go beyond.
Subscribe and visit: research.99xtechnology.com
- published: 23 Apr 2012
- views: 400
PLAN B - Varoufakis shocking revelations
- Order: Reorder
- Duration: 23:36
- Updated: 27 Jul 2015
- views: 2542
Full recording with English subtitles.
Click on (cc) to activate them.
Legendas em português também disponíveis. As revelações de Yanis Varoufakis sobre o 'Pl...
Full recording with English subtitles.
Click on (cc) to activate them.
Legendas em português também disponíveis. As revelações de Yanis Varoufakis sobre o 'Plano B' do governo do Syriza. Um confisco e conversão forçada que jamais aconteceu, por motivos explicados na gravação.
Shocking revelations were made by the recently dismissed Yanis Varoufakis, who served as Greece`s Minister of Finance. A leaked audio exposed all gory details of this 'surreptitious' plot - that is HIS own words!
Having struggled to get their money system back from the Troika, he devised a 'plan B' known only to a handful of people in order to get up and running with a parallel system. Is he getting away with this?
Unfortunately what Yannis represents is well-known in South America, and the madness leaked to Europe, being Yannis a British educated economist (!) with his doctrines having broad appeal between radical academics and journalists.
As you can hear, they where completely overwhelmed by the technical details of a money/banking/payment system, and that is maybe what prevented them from accomplishing 'plan b', seizing their citizens accounts and converting it to a worthless Drachma, which reminds us of Brazil in the 90s and Argentina in 2001.
wn.com/Plan B Varoufakis Shocking Revelations
Full recording with English subtitles.
Click on (cc) to activate them.
Legendas em português também disponíveis. As revelações de Yanis Varoufakis sobre o 'Plano B' do governo do Syriza. Um confisco e conversão forçada que jamais aconteceu, por motivos explicados na gravação.
Shocking revelations were made by the recently dismissed Yanis Varoufakis, who served as Greece`s Minister of Finance. A leaked audio exposed all gory details of this 'surreptitious' plot - that is HIS own words!
Having struggled to get their money system back from the Troika, he devised a 'plan B' known only to a handful of people in order to get up and running with a parallel system. Is he getting away with this?
Unfortunately what Yannis represents is well-known in South America, and the madness leaked to Europe, being Yannis a British educated economist (!) with his doctrines having broad appeal between radical academics and journalists.
As you can hear, they where completely overwhelmed by the technical details of a money/banking/payment system, and that is maybe what prevented them from accomplishing 'plan b', seizing their citizens accounts and converting it to a worthless Drachma, which reminds us of Brazil in the 90s and Argentina in 2001.
- published: 27 Jul 2015
- views: 2542
PBL groups 1 and 2 feeding back
- Order: Reorder
- Duration: 30:15
- Updated: 22 Mar 2012
- views: 231
- published: 22 Mar 2012
- views: 231
Slice of LIME Seminar: NGARA ... DEEP LISTENING ... SEEING 'TWO WAYS'
- Order: Reorder
- Duration: 174:47
- Updated: 06 Oct 2014
- views: 415
Slice of LIME Seminar - Recording
For more information and to become a member:
http://limenetwork.net.au/content/why-become-lime-member
~NGARA ... DEEP LISTEN...
Slice of LIME Seminar - Recording
For more information and to become a member:
http://limenetwork.net.au/content/why-become-lime-member
~NGARA ... DEEP LISTENING ... SEEING 'TWO WAYS'
What can Indigenous knowledge, mindfulness and observational skills training bring to medical practice?~
This third Slice of LIME Seminar took place on Friday, 12 September 2014 at Flinders University South Australia, facilitated by Prof Dennis McDermott from the Poche Centre for Indigenous Health and Well-Being, Flinders University, South Australia, as part of the A.K.A. (Aboriginal Knowledge in the Academy) Seminar Series.
This third seminar was presented by the Leaders in Indigenous Medical Education (LIME) Network, the Poche Centre for Indigenous Health and Well-Being, Adelaide, the Office for Learning and Teaching and the Australian Learning and Teaching Fellows.
This video recording shows the presentations, along with PowerPoint slides.
Presenters for this third seminar in the Slice of LIME series were:
Uncle Lewis Yerloburka O'Brien, Kaurna Elder (Flinders University Elder-on-campus)
Aunty Miriam -Rose Ungunmerr-Baumann (AO), Artist, Author, Community Leader and Teacher
Professor LC Chan, Co-Director of the Medical Ethics and Humanities Unit, LKS Faculty of Medicine; Co-director, Centre for the Humanities and Medicine, The University of Hong Kong (Keynote Presenter, LIME Connection V)
Dr Heather Gaunt, Curator of Academic Programs (Research) at the Ian Potter Museum of Art, The University of Melbourne
Rapporteur – Prof Lambert Schuwirth, Professor of Medical Education, Flinders University and Deputy-Editor ‘Medical Education’
Facilitated by Prof Dennis McDermott, Director, Poche Centre for Indigenous Health and Well-Being, Adelaide and National Senior Teaching Fellow, Office of Learning and Teaching (Keynote Presenter LIME Connection V).
Unlike previous Slice of LIME Seminars there was not a discussion forum for online participants. To engage with the presenters, send through your questions and comments to David Sjoberg via E: david.sjoberg@flinders.edu.au.
For further information, please contact Warwick Padgham, Project Officer - LIME Network via E: lime-network@unimelb.edu.au
wn.com/Slice Of Lime Seminar Ngara ... Deep Listening ... Seeing 'Two Ways'
Slice of LIME Seminar - Recording
For more information and to become a member:
http://limenetwork.net.au/content/why-become-lime-member
~NGARA ... DEEP LISTENING ... SEEING 'TWO WAYS'
What can Indigenous knowledge, mindfulness and observational skills training bring to medical practice?~
This third Slice of LIME Seminar took place on Friday, 12 September 2014 at Flinders University South Australia, facilitated by Prof Dennis McDermott from the Poche Centre for Indigenous Health and Well-Being, Flinders University, South Australia, as part of the A.K.A. (Aboriginal Knowledge in the Academy) Seminar Series.
This third seminar was presented by the Leaders in Indigenous Medical Education (LIME) Network, the Poche Centre for Indigenous Health and Well-Being, Adelaide, the Office for Learning and Teaching and the Australian Learning and Teaching Fellows.
This video recording shows the presentations, along with PowerPoint slides.
Presenters for this third seminar in the Slice of LIME series were:
Uncle Lewis Yerloburka O'Brien, Kaurna Elder (Flinders University Elder-on-campus)
Aunty Miriam -Rose Ungunmerr-Baumann (AO), Artist, Author, Community Leader and Teacher
Professor LC Chan, Co-Director of the Medical Ethics and Humanities Unit, LKS Faculty of Medicine; Co-director, Centre for the Humanities and Medicine, The University of Hong Kong (Keynote Presenter, LIME Connection V)
Dr Heather Gaunt, Curator of Academic Programs (Research) at the Ian Potter Museum of Art, The University of Melbourne
Rapporteur – Prof Lambert Schuwirth, Professor of Medical Education, Flinders University and Deputy-Editor ‘Medical Education’
Facilitated by Prof Dennis McDermott, Director, Poche Centre for Indigenous Health and Well-Being, Adelaide and National Senior Teaching Fellow, Office of Learning and Teaching (Keynote Presenter LIME Connection V).
Unlike previous Slice of LIME Seminars there was not a discussion forum for online participants. To engage with the presenters, send through your questions and comments to David Sjoberg via E: david.sjoberg@flinders.edu.au.
For further information, please contact Warwick Padgham, Project Officer - LIME Network via E: lime-network@unimelb.edu.au
- published: 06 Oct 2014
- views: 415
CPH Study Session Webinar - Health Policy and Management
- Order: Reorder
- Duration: 115:38
- Updated: 28 Jan 2016
- views: 98
- published: 28 Jan 2016
- views: 98
Glazen Huis - prof. dr. Marcel Levi
- Order: Reorder
- Duration: 29:57
- Updated: 17 Feb 2013
- views: 531
Biedt vooruitgang in de geneeskunde het eeuwige leven? prof. dr. Marcel Levi, hoogleraar Inwendige geneeskunde, bestuursvoorzitter AMC en decaan Faculteit der G...
Biedt vooruitgang in de geneeskunde het eeuwige leven? prof. dr. Marcel Levi, hoogleraar Inwendige geneeskunde, bestuursvoorzitter AMC en decaan Faculteit der Geneeskunde
wn.com/Glazen Huis Prof. Dr. Marcel Levi
Is the Euro Crisis Over?
- Order: Reorder
- Duration: 31:30
- Updated: 02 Jan 2012
- views: 10811
William K. Black, Paolo Manasse, and John Weeks discuss the Euro and the danger of global recession
- published: 02 Jan 2012
- views: 10811
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0:17
EU Maastricht criteria - a definition
Economic conditions that a country must meet before it can adopt the euro, for example man...
published: 12 Oct 2010
EU Maastricht criteria - a definition
EU Maastricht criteria - a definition
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- published: 12 Oct 2010
- views: 873
7:59
Maastricht Treaty
The Maastricht Treaty (formally, the Treaty on European Union or TEU) undertaken to integr...
published: 10 Oct 2014
Maastricht Treaty
Maastricht Treaty
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- published: 10 Oct 2014
- views: 1478
1:06
Ekonomikas ABC: Māstrihtas kritēriji - deficīts, parāds
Infografika
published: 06 Jun 2012
Ekonomikas ABC: Māstrihtas kritēriji - deficīts, parāds
Ekonomikas ABC: Māstrihtas kritēriji - deficīts, parāds
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- published: 06 Jun 2012
- views: 325
2:50
GERMANY: ECONOMY THREATENS THE SINGLE EUROPEAN CURRENCY
German/Nat
Fears a single European currency will miss its target date are growing amid ...
published: 21 Jul 2015
GERMANY: ECONOMY THREATENS THE SINGLE EUROPEAN CURRENCY
GERMANY: ECONOMY THREATENS THE SINGLE EUROPEAN CURRENCY
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- published: 21 Jul 2015
- views: 56
1:01
FRANCE: PARIS: DEMONSTRATION AGAINST SINGLE EUROPEAN CURRENCY
French/Nat
On the eve of the French parliamentary elections, 4-thousand people have ta...
published: 21 Jul 2015
FRANCE: PARIS: DEMONSTRATION AGAINST SINGLE EUROPEAN CURRENCY
FRANCE: PARIS: DEMONSTRATION AGAINST SINGLE EUROPEAN CURRENCY
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21:19
Plenary Symposium- Angelo Santagostino
Plenary Symposium: The Public Debt and Monetary Stability
Angelo Santagastino, Yildirim B...
published: 16 Apr 2014
Plenary Symposium- Angelo Santagostino
Plenary Symposium- Angelo Santagostino
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- published: 16 Apr 2014
- views: 111
7:53
euronews interview - PM confident Bulgaria will beat energy dependency
http://www.euronews.com/ Bulgaria's delayed entry into Schengen, the country's energy depe...
published: 26 Sep 2012
euronews interview - PM confident Bulgaria will beat energy dependency
euronews interview - PM confident Bulgaria will beat energy dependency
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- published: 26 Sep 2012
- views: 4373
5:01
Made in Germany | Estonia: Joining the Euro-Zone in 2011? | Deutsche Welle
Estonia is the only candidate for adopting the euro currency in 2011. The euro offers the ...
published: 24 Feb 2010
Made in Germany | Estonia: Joining the Euro-Zone in 2011? | Deutsche Welle
Made in Germany | Estonia: Joining the Euro-Zone in 2011? | Deutsche Welle
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- published: 24 Feb 2010
- views: 2594
6:15
The European Financial Crisis
The European debt crisis (often also referred to as the Eurozone crisis or the European so...
published: 29 May 2015
The European Financial Crisis
The European Financial Crisis
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- published: 29 May 2015
- views: 128
5:37
Poland and the EU - Is the Euro on its Way? | Made in Germany
For years, every Polish government included the introduction of the euro among its stated ...
published: 29 Jun 2011
Poland and the EU - Is the Euro on its Way? | Made in Germany
Poland and the EU - Is the Euro on its Way? | Made in Germany
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- published: 29 Jun 2011
- views: 2486
2:33
GERMANY: BONN: FINANCE MINISTER THEO WAIGEL PRESS CONFERENCE
German/Nat
German finance minister Theo Waigel denied reports on Thursday that Germany ...
published: 21 Jul 2015
GERMANY: BONN: FINANCE MINISTER THEO WAIGEL PRESS CONFERENCE
GERMANY: BONN: FINANCE MINISTER THEO WAIGEL PRESS CONFERENCE
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- published: 21 Jul 2015
- views: 25
2:55
EBU Lithuania GOOD
DOPESHEET:
The Lithuanian government approved Euro introduction plan that calls for setti...
published: 27 Feb 2013
EBU Lithuania GOOD
EBU Lithuania GOOD
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- published: 27 Feb 2013
- views: 331
2:34
GERMANY: GOVERNMENT ANNOUNCE MEASURES TO REVIVE ECONOMY
German/Nat
The German government has announced a series of measures - including tax cut...
published: 21 Jul 2015
GERMANY: GOVERNMENT ANNOUNCE MEASURES TO REVIVE ECONOMY
GERMANY: GOVERNMENT ANNOUNCE MEASURES TO REVIVE ECONOMY
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- published: 21 Jul 2015
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3:16
PM on negotiations for accession to the EU, incident with Armenian journalist
1. Wide of Turkish Prime Minister RecepTayyip Erdogan approaching microphones before his s...
published: 23 Jul 2015
PM on negotiations for accession to the EU, incident with Armenian journalist
PM on negotiations for accession to the EU, incident with Armenian journalist
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- published: 23 Jul 2015
- views: 1216
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28:45
Nicolai Wammen - The Copenhagen Criteria and Europe's way ahead
Gegužės 28 d. Danijos Karalystės Europos reikalų ministras Nicolai Wammen skaitė paskaitą ...
published: 04 Jun 2013
Nicolai Wammen - The Copenhagen Criteria and Europe's way ahead
Nicolai Wammen - The Copenhagen Criteria and Europe's way ahead
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- published: 04 Jun 2013
- views: 141
90:50
Future enlargement of the European Union
The future enlargement of the European Union is theoretically open to any European country...
published: 03 Oct 2014
Future enlargement of the European Union
Future enlargement of the European Union
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- published: 03 Oct 2014
- views: 650
24:18
Laboratory and project based learning in the compulsory cour
Biological Chemistry is a 2nd semester course. A practical/theoretical project concerning ...
published: 25 Jun 2011
Laboratory and project based learning in the compulsory cour
Laboratory and project based learning in the compulsory cour
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- published: 25 Jun 2011
- views: 81
32:04
010. Adapting Rankers Online (part II) - Maarten de Rijke
At the heart of many effective approaches to the core information retrieval problem---iden...
published: 26 Nov 2014
010. Adapting Rankers Online (part II) - Maarten de Rijke
010. Adapting Rankers Online (part II) - Maarten de Rijke
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- published: 26 Nov 2014
- views: 46
57:36
Access MBA Live with Reims Management School
Raymond Ouellet, MBA Program Director at the Reims Management School answers candidate que...
published: 10 Jun 2013
Access MBA Live with Reims Management School
Access MBA Live with Reims Management School
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- published: 10 Jun 2013
- views: 515
48:30
The Reinvention of Urban Nature - ENVIRONMENT RESEARCH GROUP SEMINAR
The Reinvention of Urban Nature: Wildlife Preservation and Ecological Planning in West and...
published: 07 Mar 2014
The Reinvention of Urban Nature - ENVIRONMENT RESEARCH GROUP SEMINAR
The Reinvention of Urban Nature - ENVIRONMENT RESEARCH GROUP SEMINAR
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- published: 07 Mar 2014
- views: 138
49:26
Access MBA Live with ENPC MBA Paris
Marketing Director Francois Blanchet and alumnus Mamati Tembe from ENPC MBA Paris answer c...
published: 15 Mar 2013
Access MBA Live with ENPC MBA Paris
Access MBA Live with ENPC MBA Paris
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- published: 15 Mar 2013
- views: 459
51:34
MBA spotlight - Audio Roundtable Discussion with IMD IE Business School
In the Audio Roundtable Discussion part of Access MBA's Spotlight Ms. Lisa Piguet from IMD...
published: 05 Nov 2013
MBA spotlight - Audio Roundtable Discussion with IMD IE Business School
MBA spotlight - Audio Roundtable Discussion with IMD IE Business School
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- published: 05 Nov 2013
- views: 309
26:38
Does Transdisciplinarity Contribute to Sustainability? by Merritt Polk
Plenary talk from the First Global Conference on Research Integration and Implementation: ...
published: 03 Oct 2014
Does Transdisciplinarity Contribute to Sustainability? by Merritt Polk
Does Transdisciplinarity Contribute to Sustainability? by Merritt Polk
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100:15
EU's Economic Governance and Bulgaria
A public discussion organised by euinside as part of a project, financed by the European P...
published: 03 Aug 2011
EU's Economic Governance and Bulgaria
EU's Economic Governance and Bulgaria
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- published: 03 Aug 2011
- views: 1081
38:36
Introduction of Inaugural Members of the Academy of Faculty Master Educators
On June 5, 2012, the 16 inaugural members of the Geisel School of Medicine at Dartmouth's ...
published: 10 Jul 2012
Introduction of Inaugural Members of the Academy of Faculty Master Educators
Introduction of Inaugural Members of the Academy of Faculty Master Educators
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- published: 10 Jul 2012
- views: 505
55:45
Mod-01 Lec-09 Lecture-09International Economics
International Economics by Dr. Somesh K. Mathur, Department of Humanities and Social Scien...
published: 22 May 2013
Mod-01 Lec-09 Lecture-09International Economics
Mod-01 Lec-09 Lecture-09International Economics
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- published: 22 May 2013
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36:25
Research Facts for University Student Projects
This is a video session for students at University of Jaffna, Sri Lanka done by Dileepa Ja...
published: 23 Apr 2012
Research Facts for University Student Projects
Research Facts for University Student Projects
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- published: 23 Apr 2012
- views: 400
23:36
PLAN B - Varoufakis shocking revelations
Full recording with English subtitles.
Click on (cc) to activate them.
Legendas em portu...
published: 27 Jul 2015
PLAN B - Varoufakis shocking revelations
PLAN B - Varoufakis shocking revelations
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- published: 27 Jul 2015
- views: 2542
Nicolai Wammen - The Copenhagen Criteria and Europ...
Future enlargement of the European Union...
Laboratory and project based learning in the compu...
010. Adapting Rankers Online (part II) - Maarten d...
Access MBA Live with Reims Management School...
The Reinvention of Urban Nature - ENVIRONMENT RESE...
Access MBA Live with ENPC MBA Paris...
MBA spotlight - Audio Roundtable Discussion with ...
Does Transdisciplinarity Contribute to Sustainabil...
EU's Economic Governance and Bulgaria...
Introduction of Inaugural Members of the Academy o...
Mod-01 Lec-09 Lecture-09International Economics...
Research Facts for University Student Projects...
PLAN B - Varoufakis shocking revelations...
PBL groups 1 and 2 feeding back...
Slice of LIME Seminar: NGARA ... DEEP LISTENING .....
CPH Study Session Webinar - Health Policy and Mana...
Glazen Huis - prof. dr. Marcel Levi...
Is the Euro Crisis Over?...
photo: Creative Commons / Gage Skidmore
Ted Cruz Is A ‘Miserable Son Of A Bitch’
Edit Breitbart 28 Apr 2016
Former Speaker John Boehner does not hold back when asked for his opinion of Sen. Ted Cruz ... ....
photo: AP / Nick Ut
Prince Never Knew Middle Of Humanity, Only Extremity Of Both Ends
Edit WorldNews.com 28 Apr 2016
Article by WN.com Correspondent Dallas Darling In “Timon of Athens,” William Shakespeare wrote of the generous philanthropist turned tragic protagonist. “The middle of humanity thou never knew’st, but the extremity of both ends.” It follows the same can be said of the extremely multitalented Prince, also elevated by a configured society wildly swinging between affluence and despair ... He is a correspondent for www.worldnews.com ... ....
photo: US DoD
North Korea Musudan Missile Test Crashes Into Sea, Explodes
Edit WorldNews.com 28 Apr 2016
North Korea test-fired an intermediate-range ballistic missile Thursday, South Korea’s defense ministry said, but the missile crashed seconds after its launch, Al Jazeera reported.South Korea defense ministry officials claimed the missile, which was fired at 6.40 a.m. local time, was a Musudan missile, Reuters reported ... military bases in Asia and the Pacific, Al Jazeera reported. It exploded seconds after launch....
photo: AP / Stephen B. Morton
Trump On Charles Koch: I Don't Need Him. I Have My Own Money. Won't Be A 'Puppet'
Edit WorldNews.com 27 Apr 2016
GOP frontrunner Donald Trump began his busy day Wednesday with a Breitbart News Daily on SiriusXM radio interview where he responded to conservative billionaire Charles Koch’s recent statements about him, Breitbart reported.“I don’t say anything to him,” Trump said responding to Koch. “I’ve always liked the Kochs. They’re members of my club in Palm Beach.”“What he says bears no relationship on what I do or say. I don’t need his money....
photo: AP / Tony Dejak
Cleveland Buys RNC Riot Insurance As Hedge Against Violence, Lawsuits
Edit WorldNews.com 28 Apr 2016
Anticipating large-scale rioting at July’s Republican National Convention, the city of Cleveland has purchased insurance to protect itself from the damages and violence, the Huffington Post reports.Cleveland is already making plans not just for the violence and chaos, the report says, but for the rounds of anticipated lawsuits that are sure to follow ... ....
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Earlier detection of COPD feasible >> (Universiteit Maastricht)
Edit Public Technologies 28 Apr 2016
Universiteit Maastricht) Press release 28 April 2016 ... Dirven will receive his doctoral degree from the department of Family Medicine at the Faculty of Health, Medicine and Life Sciences of Maastricht University ... Press releases issued by Maastricht University can be found at www.maastrichtuniversity.nl/pers ... Universiteit Maastricht issued this content on 28 April 2016 and is solely responsible for the information contained herein ... (noodl....
Quality of life in nursing homes and home settings equally high >> (Universiteit Maastricht)
Edit Public Technologies 28 Apr 2016
Universiteit Maastricht) Press release 26 April 2016 ... This and more was the result of doctoral research by Hanneke Beerens conducted at Maastricht University, with which she hopes to earn her doctoral degree on 29 April ... Press releases issued by Maastricht University can be found at www.maastrichtuniversity.nl/pers ... Universiteit Maastricht issued this ......
Stephan Steps Up To Full Ironman Challenge (Costain Group plc)
Edit Public Technologies 28 Apr 2016
Last year's Costain 150 Challenge began Stephan 'SVB' van Brummelen on a remarkable journey that's set to culminate in the Maastricht Ironman in July this year ... Now Stephan has now decided to attempt a full Ironman in Maastricht in his home country of the Netherlands ... through Maastricht finishing in the Markt market square in the centre of the city....
Wouter Botzen appointed professor at IVM (VU - Vrije Universiteit Amsterdam)
Edit Public Technologies 28 Apr 2016
CV. Botzen studied International Economic Studies at Maastricht University and graduated cum laude in 2010 from the Faculty of Economics and Business Administration of the VU with his thesis 'Economics of Insurance against Climate Change.' He has been assistant professor and associate professor at the Department of Environmental Economics of the Institute for Environmental Studies of the VU, where he currently serves as Deputy Head....
Festivals & events, April 29, 2016
Edit Stars and Stripes 28 Apr 2016
Spring is here, which means an ever-growing selection of festivals and events to enjoy. Here is a sampling of what's on the docket for April 29. Please verify details with tourist authorities or event organizers before setting out, particularly in light of recent terrorist activity in large European cities. . Austria. VIENNA ... ZELL AM ZILLER ... KREMS. Donaufestival, through May 1 and May 5-7 ... ST ... MAASTRICHT ... MAASTRICHT ... MAASTRICHT ... MAASTRICHT....
Sylvia Hoeks Boards Blade Runner Sequel
Edit Coming Soon 27 Apr 2016
Sylvia Hoeks has joined the cast of Blade Runner 2 in a leading role. Alcon Entertainment announced today that Dutch actress Sylvia Hoeks has been tapped for a leading role alongside Ryan Gosling, Harrison Ford, Robin Wright, Ana de Armas and Dave Bautista in the upcoming sequel to Ridley Scott’s 1982 Blade Runner ... Sylvia Hoeks attended the prestigious Maastricht Theatre Academy in Holland ... The film will be released by Warner Bros ... ....
Sylvia Hoeks Joins "Blade Runner" Sequel in Leading Role (Alcon Entertainment LLC)
Edit Public Technologies 27 Apr 2016
(Source. Alcon Entertainment LLC). Published on. April 26, 2016 ... Denis Villeneuve (Sicario, Prisoners) is directing. Principal photography is scheduled to begin July 2016. The film will be released by Warner Bros. in North America and Sony Pictures Releasing International will distribute in all media for all overseas territories ... Hoeks attended the prestigious Maastricht Theatre Academy in Holland ... States Johnson and Kosove ... Original Document....
Harnessing the power of technology to improve lives (The University of Sheffield)
Edit Public Technologies 27 Apr 2016
(Source. The University of Sheffield). Hundreds of world leading scientists and health care professionals who are helping to improve lives through revolutionary technology are set to gather in Sheffield for an international event ... Mark Hawley, CATCH Director, said. 'We are delighted to be hosting the conference next year ... Previous venues for the conference include Vilamoura in Portugal, Maastricht in the Netherlands and Florence in Italy....
The Mystery of the ECOWAS Democratic Glass Ceiling 2
Edit Modern Ghana 26 Apr 2016
Like the 1992 Maastricht Treaty of the EU that was introduce to re-energised the 1957 Treaty of Rome, the revised treaty signed in Cotonou, Benin Republic July 1993, had the heads of state and governments of now the 15 member states, reaffirming their commitment to the project ... A very close study of the details of the 1992 Maastricht Treaty (EUT ......
Eric Hageman joins the Chime Group as Chief Financial Officer from 15th August 2016 (Chime Communications plc)
Edit Public Technologies 26 Apr 2016
(Source. Chime Communications plc). We are pleased to announce that Eric Hageman has been appointed to a new role of Chief Financial Officer of the Chime Group. He will join Christopher Satterthwaite, CEO and Mark Smith, COO, in the Chime senior management team ... Eric holds an MBA from the London Business School and an MSc in Business Economics from Maastricht University ... Original Document ... (noodl. 33255162) ....
‘Blade Runner 2’ Casts Dutch Actress Sylvia Hoeks in Leading Role
Edit The Wrap 26 Apr 2016
Dutch actress Sylvia Hoeks has landed a coveted leading role alongside Ryan Gosling, Harrison Ford, Robin Wright, Ana de Armas and Dave Bautista in the “Blade Runner” sequel that Alcon and Warner Bros. will begin shooting in July, it was announced Tuesday. Denis Villeneuve is directing the sequel, which is set several decades after the original ... 6, 2017 ... Hoeks attended the prestigious Maastricht Theatre Academy in Holland ... ....
Soviets in Shropshire, termite wars, and Jeremy Corbyn’s real EU views
Edit New Statesman 26 Apr 2016
The weather forecaster and climate change denier on life as the Labour leader’s controversial older brother. " data-adaptive-image-768-img="" data-adaptive-image-1024-img="" data-adaptive-image-max-img="">. Piers Corbyn is an hour late ... Photo ... Photo ... ... Photo ... “And I agree very much with what [Labour MP] Graham Stringer said in a recent interview – he said he’d been with Jeremy through every lobby, against Maastricht, against this and that....
Neoliberalism Is Destroying Almost Everybody's Lives—How Many People Even Know What It Is?
Edit Alternet 25 Apr 2016
Crisis after crisis is being caused by a failed ideology. But it cannot be stopped without a coherent alternative. It’s as if the people of the Soviet Union had never heard of communism. The ideology that dominates our lives has, for most of us, no name ... +++ ... Through the IMF, the World Bank, the Maastricht treaty and the World Trade Organisation, neoliberal policies were imposed—often without democratic consent—on much of the world ... +++....
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