ANNOUNCEMENT

Worship with us @ Mountain of Fire Miracles Ministries, Budapest, Hungary Address: 1081 Bp II János Pál Pápa tér 2 (formerly Köztársaság tér) Direction: From Blaha, take tram 28, 28A, 37, 37A, 62...1 stop. From the traffic light cross to the other side... Or take Metro 4 & get off @ János Pál Pápa tér
Time of worship: Wednesdays @ 18:30 hr Sundays @ 10:30 hr
Tel: +36 203819155 or +36 202016005

God bless


Thursday, 21 January 2016

EUROPE NEWS

Europe on the verge of collapse: Soros

Europe on the verge of collapse: Soros
Soros
Billionaire financier George Soros has warned that the European Union is on the "verge of collapse" over the migrant crisis and is in "danger of kicking the ball further up the hill" in its management of the issue which has seen more than a million migrants and refugees arrive in the region in 2015.


Merkel led Europe's response to the migrant crisis, opening Germany to the refugees that had travelled from the Middle East, in particular Syria, to try and find a new home in Europe. The decision by the German leader marked a sea-change in her policy. In the interview, Soros said he welcomed Merkel's move.

"There is plenty to be nervous about," the financier said.

"As she (Merkel) correctly predicted, the EU is on the verge of collapse. The Greek crisis taught the European authorities the art of muddling through one crisis after another. This practice is popularly known as kicking the can down the road, although it would be more accurate to describe it as kicking a ball uphill so that it keeps rolling back down."

"Merkel correctly foresaw the potential of the migration crisis to destroy the European Union. What was a prediction has become the reality. The European Union badly needs fixing. This is a fact but it is not irreversible. And the people who can stop Merkel's dire prediction from coming true are actually the German people. "

"Now it's time for Germans to decide: Do they want to accept the responsibilities and the liabilities involved in being the dominant power in Europe?"


Soros' comments come as Finland's Finance Minister, Alex Stubb, told CNBC that Germany's open policy on migrants was, "humane, that was probably the right thing to do at the time but the key issue here is that one of the fundamental freedoms of the European Union is under threat and that is the free movement of people and the whole Schengen agreement."

"On top of that, we've had a Euro crisis which is about free movement of money so two of the core pillars of European integration are under threat right now," said Stubb, to CNBC in Davos.

In his interview Wednesday, Stubb denied the idea that the Schengen zone, which allows the free passage of EU citizens through almost all of its members, is a security threat to Europe.

"We shouldn't draw parallels between [the] refugee crisis and terrorism. The roots of terrorism are much, much deeper than that."

"What we need to watch out for is radicalization. What does this mean? It means we need to get these people to work, we need to give these people employment, we need to give them hope, we need to integrate them into our societies, they need to learn our languages," said the Finance Minister, to CNBC.


Stubb, known for his fiscally hardliner views, explained to CNBC why he wants to improve competitiveness in Finland.

"We basically need to do what Germany did in the late 1990s, early 2000s. We need to take some hard reforms; basically, I'm looking at a positive circle or a virtuous circle of the economy, that means number one, we become more competitive, number two, we get more exports, number three, we get more jobs, number four, we get more taxes, which I like as finance minister, and then number five, in order to finance our welfare state, we use those taxes."

Stubb also shared his thoughts on the UK referendum vote.

"I think it would be a great travesty both for the UK, economically, politically and otherwise, and a travesty for the European Union if there was a divorce," he said to CNBC.

Correction: The section is article has been corrected to show that the minister is not looking for a 15 percent cut in salaries.


No comments:

Post a Comment

COPYRIGHT

COVER STORY

MY SMALL VOICE COLUMN

MY SMALL VOICE COLUMN
Odd jobs stacked against EU immigrants

COLUMN: MY SMALLVOICE

COLUMN: MY SMALLVOICE
TV2's false report about Nigerians in Hungary

MY SMALL VOICE

MY SMALL VOICE
Remembering a true prophet, Bob Marley...click on photo to read

MY SMALL VOICE

MY SMALL VOICE
Subsidising fraud & lies & blood...click on photo to read

MY SMALL VOICE:

MY SMALL VOICE:
Libya: The return of colonialist bondage.

Editor's Mail

Love the article on Gaddafi
We must rise above tribalism & divide & rule of the colonialist who stole & looted our treasure & planted their puppets to lord it over us..they alone can decide on whosoever is performing & the one that is corrupt..but the most corrupt nations are the western countries that plunder the resources of other nations & make them poorer & aid the rulers to steal & keep such ill gotten wealth in their country..yemen,syria etc have killed more than gadhafi but its not A̷̷̴ good investment for the west(this is laughable)because oil is not in these countries..when obasanjo annihilated the odi people in rivers state, they looked away because its in their favour & interest..one day! Samosa Iyoha

Hello from
Johannesburg
I was amazed to find a website for Africans in Hungary.
Looks like you have quite a community there. Here in SA we have some three million Zimbabweans living in exile and not much sign of going home ... but in Hungary??? Hope to meet you on one of my trips to Europe; was in Steirmark Austria near the Hungarian border earlier this month. Every good wish for 2011. Geoff in Jo'burg

I'm impressed by
ANH work but...
Interesting interview...
I think from what have been said, the Nigerian embassy here seem to be more concern about its nationals than we are for ourselves. Our complete disregard for the laws of Hungary isn't going to help Nigeria's image or going to promote what the Embassy is trying to showcase. So if the journalists could zoom-in more focus on Nigerians living, working and studying here in Hungary than scrutinizing the embassy and its every move, i think it would be of tremendous help to the embassy serving its nationals better and create more awareness about where we live . Taking the issues of illicit drugs and forged documents as typical examples.. there are so many cases of Nigerians been involved. But i am yet to read of it in e.news. So i think if only you and your journalists could write more about it and follow up on the stories i think it will make our nationals more aware of what to expect. I wouldn't say i am not impressed with your work but you need to be more of a two way street rather than a one way street . Keep up the good work... Sylvia

My comment to the interview with his excellency Mr. Adedotun Adenrele Adepoju CDA a.i--

He is an intelligent man. He spoke well on the issues! Thanks to Mr Hakeem Babalola for the interview it contains some expedient information.. B.Ayo Adams click to read editor's mail
Watch live streaming video from saharareporters at livestream.com

Daily Calendar

Popular Posts

Our Blog List