europe

Catalonia : An end to the crisis ?

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Source:francetvinfo.fr

The president of Catalonia has been giving a press conference earlier today, in which he declared that he agrees with the conduct of the 21st of December’s election as it was decided by Madrid last Friday. He added that he would respect the result of this election. Indeed this press conference echoes the declaration of Independence that Carles Puigdemont pronounced on the 27th of October, which was immediately followed by Mariano Rajoy’s application of the article 155 of the constitution. The Catalan government was dismissed, as well as the Catalan Police who surrendered to the national authority. In the meanwhile Spanish Vice-Prime Minister, Soraya Sáenz de Santamaría and her staff were put in charge of ensuring the high-administrational functions in Catalonia temporarily. This decision is to remain active until the election that Puigdemont mentioned today. The acceptation of this election and its result by the Independentists political leader shows signs of improvement and a rather appeased ending to these events. Still, this might not be the end. The polls published by the main Spanish newspapers show that the election’s results might get really tight, on both sides. Each would mark a score of 45 percent. According to these polls what seems today like an opportunity could actually be a dead end.

Nils Panisson IEJ 1D

Macron: Hectic visit in Guiana

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This Thursday, French President Emmanuel Macron arrived in French Guiana, to announce measures against insecurity and illegal immigration. A perilous mission, 6 months after the social movement that had agitated this French territory. As such, the arrival of the French president took place in a hostile climate. Indeed, many opponents fought against the police. These clashes were especially due to a declaration of the French leader who said “I am not the Father Christmas” to Guiana’s population who is angry about the promises of the former French government who had to help them with the emergency plan. Indeed, former French president Francois Hollande promised 2.1 billion to Guiana to help them, but for the moment, they only received 1 billion.                                                  

Guianese protesters expect from Emmanuel Macron to respect his words, reminding that, during his political campaign, he said: “I will respect Guiana agreements, and I will go even further”. The collective Pou Laguiyann ​​Dekole, who sent Monday a letter to the president to encourage him to consider the territory as “a top priority,” also asked to be received by him.

All the territory is still waiting for more financial aid from the French government.

 

Florent Druon, IEJ 1D

Posted workers : Macron’s victory

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The French president succeeded in founding a compromise with the EU member states on the reform of posted workers. The lenghty negociations took place on Monday 23rd October at the European Council.

A “posted worker” is an employee who’s been sent by his employer to work in another EU Member State on a temporary basis. While they’re working abroad, they’re still affiliated to the social system in force in their country of origin. But, the French victory goes with some concessions, as the date of entry into force of the text, as well as in the transport sector. 

Reforming the Posting of Workers Directive is essential to enable the European Union to return to the path of economic and social convergence from above, for the benefit of all Europeans,” said Nathalie Loiseau, the minister in charge of EU affairs.

In France, one of the main host countries for posted workers, this revision of the European rules has become a formula of Europe’s capacity to protect citizens. Whereas it was one of the promises made by E. Macron during his campaign, some people aren’t in agreement with this compromise. 

Macron praises Juncker’s ‘social Europe’ and posted worker revision.

 

 

“Social Europe is not a map of sectors! I do not accept the concession made on transport”, said Green MEP Karima Delli.

Marine PLANTEC, IEJ 1D

Europe : Catalonia on its way to independence

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catalogne_independance

Catalonia finally managed to start Monday a procedure that would lead to its independence from Spain

 

The desire of independence in Catalonia is not new. This Spain region with its proper culture, language, flag, national anthem, parliament and government always tried to separate itself from the country, but in a democratic way. And yesterday for the very first time, Catalonia parliament took this resolution.

A long road to victory

Among the 135 deputies, 72 adopted the decision of a process of independence, which is a slight majority. However, it seems to finally put Catalonians on the way to have their own country. The will for independence has gradually strengthened since the beginning of the economic crisis, and it should now become reality by 2017. The Independent Republic of Catalonia is coming !

Spain’s quick reaction

The government president Mariano Rajoy summoned a plea against this resolution on television. “I will request an immediate suspension of this initiative and all of its effects.” An extraordinary ministers council has been scheduled for tomorrow to discuss this subject. Catalonia represents 7.5 million people (16% of the population) and 20% of Spanish GDP, so it is understandable that Spain is afraid of losing it while the country undergoes a tough crisis.

 

Benoit Peloso, IEJ 3F

ECB has announced results concerning 130 European banks

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ECB
« Not too tough, not too lenient », is the response to the European central Bank’s stress tests on the 123 biggest European banks.

The stress tests are used to test solidarity of a bank’s balance in case of economic crises. These tests should anticipate the worst case.

Some banks have failed the tests, whereas others have been reassured. The sector is on the mend. All four UK banks passed the tests. In London, Lloyds Banking Group, have avoided narrowly the stress tests. In France, only one bank out of thirteen has failed the tests.

In Milan, two Italian banks were suspended. Greece, Cyprus and Portugal are worried.

Twenty five banks out of hundred thirty tested by the ECB, will have to submit a recovery plan.

If the bank cannot recover, taxpayers or the State, will have to contribute to save the bank concerned by the recovery plan.

 

By BELHAMSALI Saïd, IEJ 3E