Showing posts with label Federal election. Show all posts
Showing posts with label Federal election. Show all posts

Sunday, 22 December 2024

EU heats up: Olaf Scholz urgent travel to the Russian Federation

 

EU heats up: Olaf Scholz urgent travel to the Russian Federation

The announcement by Ukraine that it would halt vital supplies to the European Union prompted German Chancellor Olaf Scholz urgent trip to the Russian Federation.

Energy has been the key for the survival of the European Union and most importantly for the most important country of the European Union, the Federal Republic of Germany. Without energy, German manufacturing strength and support of its political system are in doubt. 

Germany faces a Federal Election in a few weeks time and the financial and industrial outcome is not brilliant. In the words of Alexander Gauland, co-founder of Alternative für Deutschland - the worse the situation becomes, the better for Alternative für Deutschland - and things are getting pretty bad. Ukraine is threatening the survival of the European Union. To make matters worse, an attack perpetrated today in Germany caused the death of several people and more than a 100 people were injured. It  does not play well in German politics when migration is one of the hottest topics.

As President Bill Clinton stated, 'it is the economy, stupid'. The German economy, its political stability, migration and geopolitical games are part of the same package.

The assertion that Alternative für Deutschland is the only political party that can save Germany did not go well with the usual culprits of the so called mainstream political parties that are used to win elections lying about those who challenge a disastrous status quo.

Angela Merkel started the debacle when she panicked and decided to get rid of nuclear power making Germany practically entirely dependent on foreign energy imports. The now former coalition headed by Olaf Scholz did the rest by associating itself with a warmongering movement that compromised vital energy supplies. No nuclear power, no oil, no gas. What could go wrong?

Olaf Scholz knows full well that energy shortages will be politically disastrous for so called mainstream political parties that do not protect fundamental German interests. Olaf Scholz knows in what could be the last days of his political career as German Chancellor that there are even greater risks that could lead to the disintegration of the European Union. There are conflicting interests within the European Union and this could well push countries to secede to follow their own paths. The promised Paradise looks increasingle like Hell on Earth.


Tuesday, 13 June 2023

With EU in recession, German coalition wants to deprive German industries of gas to send gas to Ukraine

Since Angela Merkel's disastrous decision to get rid of nuclear power in Germany, Germany became extremely dependent on fossil fuel imports. When the situation in Eastern Europe worsened, Germany had to start reopening coal mines. Major industrial players in Germany alerted the German coalition that they need to have secure energy supplies. Unfortunaly, the coalition led by Olaf Scholz is deaf and intends to send German gas to Ukraine. What is even more astonishing is that countries like Netherlands that have gas stocks were thought to be diverting their own supplies to Germany.

In the midst of recession, diverting gas supplies away from German industries makes a bad situation even worse. If German manufacturing falters, the possibility of job loses, export losses and industrial unrest rises. Although the next Federal Election is still a long way into the future, if the worst happens, the future of the ruling coalition will be in doubt. It was hard for SPD to negotiate a deal that could unite conservatives FDP and Greens. For the German economy, there has been a triple whammy: loss of nuclear energy, higher prices of oil and gas plus exports of gas to other countries.

Germany is the engine of the EU. Will the coalition survive until the next Federal Election. The longer the conflict in Eastern Europe goes on the worse the prospects for the German economy. The axe Berlin/Paris is also going through challenges. President Macron will not be around for another mandate. One word that describes what is happening in France is 'uncertainty'. Who will step in to challenge Rassemblement National? 

This is a tour de force, a game of political survival. As all the weapons sent to Ukraine are being systematically destroyed, the European Union risks being naked because what is being sent is not being replaced. Taxes going up in the midst of recession to pay for the war effort?