It is another example of possible responses to hardball tactics from the other side of the negotiating table.
The key thing is that as the 4th largest market in Europe for the Pharma industry...you really think the ANY of the pharma companies will want anything other than a smooth transition?
There are already shortages of some products from time to time for many various reasons in various countries. Mechanisms are already in place to cover them off so the people whose lives (acute life threatening illness as in) depend upon them WILL get them. So the media reports were another fine example of pure sensationalism to sell themselves.
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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.Here’s a question for you. Who’s the president of the EIB?
It is a good idea in principle.Some say that. Others see it as a necessity to facilitate trade between EU countries. My daughter was 2 when it came in. If you told her we have a new idea, we will replace the Euro with 21 different completing currencies with fluctuating exchange rates and high bank charges for transferring between different countries, she would look at you gone out. What a stupid idea. The same as if the north of England had a „B“ GBP to make them more competitive against a strong „A“ GBP in London. A retrograde step. Better to improve the Euro through a transfer system and closer fiscal unity with a Euro finance ministry.
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.Just for Astute....
The new wannabe Spitzenkandidat of the European People’s Party ( largest group in the EU ) is said to be Manfred Weber, CSU deputy leader. He is announcing his candidature this morning. His aim, to succeed Juncker. A German. And, not to be outdone, a German wants to take over at ECB. Even Merkel is not happy about 2 Germans going for top jobs. She wants the candidate for the ECB job to continue a low inflation and low interest policy. She fears that if Weber gets Juncker’s job, there’s no way a German will get the ECB job.
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.The money was loaned in 2012. Turkey was doing well and Erdogan wasn’t a virtual dictator. The project is a joint venture with Ford, a world name as a company. What do you know about the terms for lending money to projects in neighbouring countries to the EU?
Yet who is it that has changed the way it all works?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.
Really?The money was loaned in 2012. Turkey was doing well and Erdogan wasn’t a virtual dictator. The project is a joint venture with Ford, a world name as a company. What do you know about the terms for lending money to projects in neighbouring countries to the EU?
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.
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.
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.
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.
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
How is that?No, it doesn’t stop at the borders of the EU, but the geography gives the proximity of Europe an advantage.
But would it have happened without the 80m put in by the EU?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.
How is that?
There is such a thing as the internet these days. They don't travel to see each other all the time.
It was a 2.2% rise in 2012.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.
But as you said it is what they want to happen. So what is there for it not to happen?Long way to go.
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.
Back to no law being broken? There was no law to be broke. Just rules and regulations. And they were broke.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.
But as you said it is what they want to happen. So what is there for it not to happen?
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.
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.
It was a 2.2% rise in 2012.
You have seen how volatile the Turkish currency is? You do know that Ford in Turkey is 1/2 owned by a Turkish company?
Sure you can work the rest out
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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.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.
Sounds like a bunch of w@nkers to me :woot: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.
But he didn't say that :smuggrin:
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?
Like Astute said.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.
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.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.
Koc holdings don't pull out. They just take their hands off :shifty: :smuggrin: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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