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PostVisegrad, New Hanseatic League, Trimarium: EU Fragmentation? (Eugenio Battaglia, Italy, 06/07/19 11:35 pm)
Yesterday, as per article 126.3 of the EU Treaty, the European Commission commented "with regards to Belgium, France, Italy and Cyprus the conformity of said countries with the judgment in relation to the deficit and to the debt foreseen by the Treaty. For Italy, the Commission concludes that measures must be taken because of an excessive deficit."
However, the European Commissar for Financial and Economic Affairs Pierre Moscovici said (in Italian), "My door remains open." How nice (hypocritical) of him! Many people believe that the EU's position is mostly due to the political enmity with the new Italian sovereignist government.
Now the final word is in the hands of the European PM meeting on 9 July. If the emergency measures are activated it will be the first time. If Italy were not to give the $6 billion as an outright grant each year to the EU, not pay the useless United Nations as the Trump Administration is not doing and not participate in silly "missions of peace," it would have enough money to put at the door of French Commissar to avoid any punitive procedures.
The lousy Italians, according to their "best traditions" going back to the time of Guelfi e Ghibellini of Dante Alighieri and earlier, instead of uniting to face the present difficulties have divided according the internal political views so the opposite sides ally with the foreigners.
The EU is anyway deeply divided and France, taking advantage of Italy's present difficult situation, is trying to buy the best Italian firms at fire-sale prices, but when Italy once tried the same thing, Macron said no, citing national security.
About divisions let's just have a look at the so-called united Visegrad group of Poland, Hungary, Czech Republic and Slovakia, all completely depending on Russian gas and the last three on Russia's Rosatem for their nuclear plants. Poland does not have nuclear plants, but soon will have Fort Trump, the new US military base.
Poland is according its centennial traditions completely Russophobic, while Hungary is openly philo-Putin and has the largest Huawei center outside China. On top of it Hungary stirs up (with some reason, especially with Ukraine) its ethnic minorities in Slovakia, Romania, and Ukraine. Hungarians are also present in Serbia. The Czech Republic is servile toward Germany as if still were the Protectorate of 1939.
Slovakia, which is still grateful (secretly?) to Hitler for its first independence in 1938, has a foggy vision of NATO but is friendly with Ukraine as the oil pipelines from Russia go through Ukraine.
We may further explore the divisions of Europe, looking at the Northern Group or the New Hanseatic League, the Trimarium Group, the Mediterranean Group and finally the German Group that would like to include only northern Italy (sic). The funny thing is that a country in one group may be included in another. See for instance the Czech Republic in the German group but also in the Visegrad group, etc. It is a mess.
JE comments: "Trimarium" refers to the Baltic, Black, and Adriatic Seas. I'm sitting just a stone's throw from the first (Baltic) as we speak. These EU subdivisions merit further discussion. Is there some speculation that they may be successor blocs to the EU?
Eugenio, which Italian companies are in danger of being swallowed up by the French?