I would think that the companies, especially those in research and trials in Britain, want us to remain in the EU, pooling our resources with the UK being amongst the leaders in the EU. Whatever deal, or no deal, happens, things will be worse than they are now in the Pharma industry.
The EU: In, out, shake it all about.... (15 Viewers)
- Thread starter jimmyhillsfanclub
- Start date
I would think that the companies, especially those in research and trials in Britain, want us to remain in the EU, pooling our resources with the UK being amongst the leaders in the EU. Whatever deal, or no deal, happens, things will be worse than they are now in the Pharma industry.
Astute
Well-Known Member
Answer the question. You are saying that loans given out by the EIB are nothing to do with the EU. Then when I showed you that you are wrong you started with your stupid name calling. That is why I am not prepared to drop it until you admit that you are wrong.
So once again.
The EIB is the bank of the EU. Does the EU use the EIB as a vehicle to give out loans?
And no. You have not answered several times other than when denying the fact.
Astute
Well-Known Member
It is a good idea in principle.
Was it a good or bad thing that the UK didn't join the Euro?
Remaining in the EU would be a disaster for Britain – just like the euro
https://www.economicshelp.org/blog/771/euro/should-uk-join-the-euro/
Britain and the euro: what if we'd joined?
Now consider that our economy is stronger than all those in the EU other than Germany. What chance have the rest got if it wouldn't have worked for us?
The idea of sharing a currency is nice. But the reality is much different. You lose the right to your own financial future. You have to go with the flow. The EU and Euro are supposed to make jobs. But it has only made jobs for Germany. The rest have double figure unemployment rates.
And none of the so called experts who wanted us in the Euro now want us in. And they are the same people who want us to remain in the EU.
And that is what I have said previously. All these so called experts have been wrong several times before. Yet we are supposed to believe their predictions yet again. But if we had followed what they have said in the past we would have gone into recession. And when we have done as they said we have gone into recession.
Astute
Well-Known Member
Already been reading about it. And there is others. Looks like France and Germany are joining together to take up the top jobs that are coming up in the next few years.
And it looks like Selmayr wants Barnier to take over from Juncker.
Astute
Well-Known Member
And whilst on the helping out with information here is one back for you Mart.
So no rules were broken?
EU watchdog finds Juncker broke rules to promote political ally
Juncker aide promotion 'damaged EU trust'
EU watchdog slams Juncker cronyism | DW | 04.09.2018
Commission slammed over Selmayr promotion
https://en.mogaznews.com/World-News...ke-EU-rules-by-appointing-Martin-Selmayr.html
Jean-Claude Juncker broke EU rules by appointing Martin Selmayr - NewsFeed
So no rules were broken?
EU watchdog finds Juncker broke rules to promote political ally
Juncker aide promotion 'damaged EU trust'
EU watchdog slams Juncker cronyism | DW | 04.09.2018
Commission slammed over Selmayr promotion
https://en.mogaznews.com/World-News...ke-EU-rules-by-appointing-Martin-Selmayr.html
Jean-Claude Juncker broke EU rules by appointing Martin Selmayr - NewsFeed
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Astute
Well-Known Member
They are supposed to benefit those in the EU. After all we put the money in. But all it did was take jobs away from the UK.
Astute
Well-Known Member
Yet who is it that has changed the way it all works?
Which is what I have said all along. It didn't have to happen. But now the EU is going to lose our expertise. Yet some will make out that the loss only goes one way.
We will be OK as the world is a big place. It doesn't stop on the borders of the EU.
Astute
Well-Known Member
We are not in recession and are still doing relatively well even after Brexit. Most countries in the EU do not have double digit unemployment. The exceptions include Italy, Spain and Greece. These have histories of currency problems and have always had employment problems not to do with the EU or the Euro. The Eurozone is getting better in terms of lower unemployment. Ireland and Portugal were in the PIGS countries, but seem to have got through the worst. There is no scramble to leave the Euro.
The UK is different as it is more dependent on financial services and the City. I haven’t read your links, but accept that people think that Britain made the right decision not to join at the time.
No, it doesn’t stop at the borders of the EU, but the geography gives the proximity of Europe an advantage.
The project existed without the 80 million. Ford was reducing it’s UK presence.
You are making the assumption that without the 80 million, the 4 billion development in the area would not have happened, and that Ford weren’t thinking of closing Southampton before the 80 million. Both without proof and stretching it a bit. As Farage gleefully did at the time by equating job losses with an 80 million loan that was probably coincidental.
Yes, really. Did you not read past the headline again? 8,8% growth in 2012. only tailed off at the end of the year. 8,8% is hardly a disaster and any loan would have been discussed in advance of 2012, probably during the boom in 2011.
Long way to go.
This is the reassessment which I mentioned.
If you read the article, she did not overrule the appointment. She slammed it and she criticised the 27 other commissioners who didn’t object to it. She is quite right in her criticism, but she doesn’t have enough to declare it void. I guess because the other commissioners are claiming there was no conflict of interest. If the law was broken then the appointment would have been void.
Astute
Well-Known Member
How is that?
There is such a thing as the internet these days. They don't travel to see each other all the time.
Astute
Well-Known Member
But would it have happened without the 80m put in by the EU?
Turkey can't raise money cheaply. But they did from the EU.
We shall see. But, the laboratories say they are losing out on their drug testing business from the EU.
Astute
Well-Known Member
It was a 2.2% rise in 2012.
Astute
Well-Known Member
But as you said it is what they want to happen. So what is there for it not to happen?
At the time Turkey was seen as the place to invest.. 2011 saw 9% growth. The 10 year average was 7%. They went wobbly when the Gezi park demonstrations started and it looked like they were getting sucked into the Syria conflict, and the Kurdish situation started getting dangerous. Yes, they got it cheaper from the EIB, but that doesn’t mean they wouldn’t have got it somewhere else. It would have been in the making in 2011 or just after, when everything was looking rosy.
Astute
Well-Known Member
Back to no law being broken? There was no law to be broke. Just rules and regulations. And they were broke.
So how can it be what you said when it was only released yesterday?
Read it again. It is the EU watchdog that has found it to have broke the rules and regulations.
Political considerations. Merkel is more interested in who is going to take over the ECB. People like yourself, but in a position to influence people, may not want too many Germans as it would appear that EU is weighted towards Germany. Which is why Juncker suited the position. It may be preferable to have someone from a small country as a compromise. It is usual to have an ex leader as head of the commission. The CSU guy has never been a PM.
I quoted the socialists in your article from a few days ago who said they were hoping for a result from the reassessment at the beginning of September.
Yes, the ombudsman. But it still stands because there is no law that has been broken. They are going to improve the situation for the future to avoid the appearance of a conflict of interest. The ombudsman said she had no doubts to his commitment and ability.
Yes, the Turkish paper quoted the 8,8% which was actually 2010.
Grendel
Well-Known Member
skybluetony176
Well-Known Member
Ford in Turkey isn’t half owned by anyone. It’s in a joint venture with Turkish company Koc Holdings. Not nearly the same thing.
Astute
Well-Known Member
But they couldn't get it cheaply. So the EU helped them in taking jobs from the UK. And the EIB is supposed to be there for the benefit of EU members.
Astute
Well-Known Member
Sounds like a bunch of w@nkers to me :woot:
So what is a joint venture where it is split 50/50? Who owns it? Nobody? Or the two of them that have a 50/50 split?
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Astute
Well-Known Member
But he didn't say that :smuggrin:
skybluetony176
Well-Known Member
So I worded it a little wrong. I should have said the European Commission IN Wales not FOR Wales. Sue me.
Fact is there is an office for the European Commission in Wales, a complaint about 2 stadiums (not just the Liberty Stadium) in Wales and the funding from local crouncils was made to that office and they were dealt with by David Hughes, head of the European office in Wales. Incidentally Swansea negotiated a new deal for the stadium last year and the council had to do it following a report that concluded that the deal wasn’t a good deal for the taxpayer.
I still never said half the things you said I said (as your link confirms) but actually if I did I’d still have been closer to the reality of what happened regarding the European Commission IN Wales than you.
I apologise for using the word FOR instead of the word IN. I got it wrong. Hands up.
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skybluetony176
Well-Known Member
Had a little snigger myself when I saw that.
Can’t say I know the exact arrangement but as discussed earlier Ford are also talking about getting into a joint venture in the EU with a European car manufacturer. VW are being mooted but unlike Bazzas assumption that doesn’t mean that VW will have shares in Ford or vice versa for that matter. I would think that it just means cost sharing. Rover did the same with Honda for decades.
SkyblueBazza
Well-Known Member
Like Astute said.
So who pays the loan back? If said Koc Holdings pull out - who pays it back? Or would it be defaulted?
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Astute
Well-Known Member
They call it a shared venture. They have an equal share. That means 50/50. So they both own 50%. It is different to cost sharing. Motor manufacturers do it all the time.
Astute
Well-Known Member
Koc holdings don't pull out. They just take their hands off :shifty: :smuggrin: