Socio-Economics History Blog

Socio-Economics & History Commentary

Italy Building Anti-EU Axis

  • Italy Building Anti-EU Axis
    by Soeren Kern,
    * “Today begins a journey that will continue in the coming months for a different Europe, for a change of the European Commission, of European policies, which puts at the center the right to life, work, health, safety, all that the European elites, financed by [billionaire Hungarian philanthropist George] Soros and represented by Macron, deny….” — Matteo Salvini, Italian Deputy Prime Minister and Minister of the Interior.

    * “Both President Macron and Mrs. Merkel have expressed frustration at the rise of populism and nationalism, and at Europe’s dithering in the face of problems such as climate change and mass migration….” — The Times.

    * “The only certainty I have of the European elections is that the socialists and the communists will always be less in Brussels — they have already done enough damage….” — Matteo Salvini.

    read more.


January 17, 2019 Posted by | GeoPolitics | , , , | Leave a comment

‘European Spring’: Salvini Wants End to Franco-German Axis on Continent

  • RT Published on Jan 11, 2019
    Italy’s Euroskeptic deputy prime minister Matteo Salvini has said he wants Italy and Poland to join together to create a “European Spring” which could end the long-standing French and German domination on the continent. READ MORE:


January 14, 2019 Posted by | GeoPolitics | , , , , , | Leave a comment

EU CIVIL WAR: ‘I Must FIGHT HIM!’ Hungary’s Orban Issues Shock Warning to Macron

  • EU CIVIL WAR: ‘I Must FIGHT HIM!’ Hungary’s Orban Issues Shock Warning to Macron
    HUNGARIAN Prime Minister Viktor Orban has vowed to stand up to Europe’s “pro-immigration forces” led by Emmanuel Macron, warning the French leader: “I must fight you”.

    Mr Orban, whose right-wing government has presided over a crackdown on immigration, said his issue with Mr Macron was “nothing personal” but that he had a duty to oppose him on the issue. Speaking at a press conference earlier today, the Hungarian firebrand said: “There is no denying that Emmanuel Macron is an important figure, moreover, the leader of the pro-immigration forces. “It is nothing personal, but a matter of our countries’ future.

    “If what he wants with regards to migration materialises in Europe, that would be bad for Hungary, therefore I must fight him.” Mr Orban’s warning to the French leader comes as other EU countries including Italy and Poland look to shift the balance of power in Brussels in this year’s European Parliament elections.

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January 12, 2019 Posted by | GeoPolitics | , , , , , , , , , | Leave a comment

Italy’s Salvini Suggests ‘European Spring’ to Bring End to ‘German-French Axis’ on Continent

  • Italy’s Salvini Suggests ‘European Spring’ to Bring End to ‘German-French Axis’ on Continent
    Italy’s Euroskeptic deputy prime minister Matteo Salvini has said he wants Italy and Poland to join together to create a “European Spring” which could end the long-standing French and German domination on the continent.

    Speaking during a press conference with Polish Interior Minister Joachim Brudziński in Warsaw on Wednesday, Salvini said that Poland and Italy “will be part of the new spring of Europe, the renaissance of European values” which would create a “new equilibrium” where the dominance of France and Germany is diminished.

    The leader of the Northern League party said that upcoming European parliamentary elections, set for May, could lead away from a Europe “that is run by bureaucrats.”

    Salvini, who is aiming to forge alliances with other Eurosceptic parties across Europe ahead of the elections, was in Warsaw for meetings with members of Poland’s ruling Law and Justice party, which shares a similar anti-immigration and anti-Brussels ideology. At the meeting, Brudziński also praised Salvini’s immigration policy and his decision to close Italian ports to migrant boats, saying that Poland was also committed to “strengthening borders.”

    At a press conference with France’s right-wing National Rally leader Marine Le Pen in October, Salvini promised a new era of “common sense” was coming to Europe with the rise of nationalist parties.

    Salvini’s Northern League formed a coalition government with the anti-establishment Five Star Movement in June last year. M5S leader Luigi Di Maio has also been seeking to make friends with other anti-establishment parties across the continent, holding meetings with a number of party leaders from Poland, Croatia and Finland who share similar values.

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January 11, 2019 Posted by | GeoPolitics | , , , , , , | Leave a comment

EU DIVIDED: One Rule for Macron And One for Another! Brussels Risks FURY Over FAVOURITISM

  • EU DIVIDED: One Rule for Macron And One for Another! Brussels Risks FURY Over FAVOURITISM
    BRUSSELS has risked accusations of favouritism after turning a blind eye to golden boy Emmanuel Macron’s controversial budget deficit proposals – despite previously condemning Italy’s populist government for doing the same.

    EU budget commissioner Günther Oettinger sparked outrage in Rome by admitting the bloc will accept France’s budget, despite the deficit target being above the three percent allowed by Brussels, hinting the reason is because Macron is a “strong supporter.” The move is believed to have angered Italy’s government, which had to climb down in a bitter long-running row with Brussels after the EU demanded they overhaul their budget proposals for also running a higher than permitted deficit target. Macron has been warned the special dispensation will only be tolerated once by the EU but the move will have infuriated the leaders of Italy’s ruling coalition government.

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December 28, 2018 Posted by | Economics, GeoPolitics | , , , , , | Leave a comment

New Fracture Opens at Mt Etna, Volcano Erupts, Burps Ash & Lava

  • RT Published on Dec 24, 2018
    00:00 – 00: 14 – Courtesy: Antonio Musolino
    A surge in earthquakes have been plaguing Sicily after Europe’s highest and most active volcano began spewing lava from a new fracture. Mount Etna’s eruption covered nearby villages in ash and shut down the Catania airport.


December 26, 2018 Posted by | Disaster | , , | Leave a comment

The European Project Comes to an End

  • The European Project Comes to an End
    The end of the EU and the Balkans as China’s foothold in Europe
    Though the end of the European Union is inevitable, the proponents of a further integrated or federal superstate are busy making a last effort to achieve their goal. The opposition against the project is mounting with every day. Europe is suffering from economic stagnation, and is facing a demographic calamity.

    The pro-European establishment’s last hope was the newly-elected French President Emanuel Macron who was to revive the economy and integrate the European Union under French leadership. Gefira was of the opinion that all these expectations were misplaced. The once great nation is broken beyond repair. France’s problems are much worse than those of Italy. Though Italy has a higher debt-to-GDP ratio than France, France has a larger budget deficit, and the difference is that while Italy has a trade surplus France has a trade deficit, so the country cannot pay for its imports.

    While the Italian “populist” Mateo Salvini is earning the nation’s respect, Emmanuel Macron’s popularity is at a historic low. All of France is engulfed by riots, civil unrest and looting. In city after city, village after village, protesters have been clashing with the police for weeks now while President Macron has nothing to offer to appease them, unless he violates the budget deficit boundary of 3%.

    Like the Soviet Union once was, France is a sizeable social-multicultural experiment, and like the empty shops in communist countries, the demographic changes in France are visible in every section of the society, but nobody dares to name them. Once the whole world saw that the French team playing at the FIFA World Cup was made up of almost exclusively Africans, and even on Twitter Africans boasted about it. Yet, the French establishment insisted that those Africans were genuinely French. Dissenters were branded as racists or Nazis.

    Now that the heart of Europe is ungovernable, its peripheries will not fare any better. The multicultural and multireligious Bosnia is not sustainable. The borders in the region will be redrawn again, which will come with a price. A war between Muslims and Christians in the Balkans will reverberate in the suburbs of Paris, Amsterdam and Berlin because of the Muslim large minorities there. The European establishment has allowed Islam to grow in Europe, and, strange enough, they believed that European Muslims would feel grateful for such generosity.

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December 24, 2018 Posted by | Economics, GeoPolitics | , , , , , , | Leave a comment

U-Turn: Italy Changes High-Spending Budget Plan to Avoid EU Sanctions

  • RT Published on Dec 14, 2018
    Italy has sent a revised budget proposal to the European Commission in an effort to avoid EU sanctions. The move’s being seen as a major U-turn for Rome, which previously vowed to stick to its high-spending plans, which were rejected by Europe.


December 15, 2018 Posted by | Economics, GeoPolitics | , | Leave a comment

Italy Offers 2.04% Budget Deficit Target in EU Peace Gesture

  • Italy Offers 2.04% Budget Deficit Target in EU Peace Gesture
    by ,
    * European Commission had rejected budget with 2.4% deficit
    * Premier Conte met EU commission chief Juncker in Brussels

    Italian Prime Minister Giuseppe Conte proposed to cut the deficit target to 2.04 percent of output for next year in a significant concession to the European Commission.

    Conte told reporters after meeting commission President Jean-Claude Juncker in Brussels that technical analyses had allowed the government to recover resources and lower the 2019 deficit from an initial 2.4 percent. The original number was rejected for being in breach of European Union rules.

    “We are not betraying the trust of Italians and we respect the commitments made with the measures which have the most impact,” such as a lower retirement age and a citizen’s income for the poor, Conte said.

    The offer now places the ball in the commission’s court, and follows a long tussle between Conte and Finance Minister Giovanni Tria on one side, and on the other the two euroskeptic deputy premiers: Matteo Salvini of the anti-migration League and Luigi Di Maio of the anti-establishment Five Star Movement. Tria was scheduled to be in Brussels Thursday to guide the remaining phases of the talks on the new budget, his spokeswoman said.

    Officials cautioned that there is more work to be done to satisfy EU regulations. Newspaper La Stampa cited an EU “source” as saying that there is “still a gap to bridge, hopefully we can do it with the work that will continue in the coming days.” Salvini and Di Maio had insisted that their landmark election pledges should not be diluted or delayed.

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December 14, 2018 Posted by | Economics, GeoPolitics | , | Leave a comment

Europe Has A New Problem: Macron’s “Populism” To Blow Out French Budget Deficit Far Beyond Italy’s

  • Europe Has A New Problem: Macron’s “Populism” To Blow Out French Budget Deficit Far Beyond Italy’s
    by Tyler Durden,
    As if Brussels didn’t have its hands full already with Italy and the UK, the European Union will soon be forced to rationalize why one of its favorite core members is allowed to pursue populist measures to blow out its budget deficit to ease domestic unrest while another is threatened with fines potentially amounting to billions of euros.

    When blaming Russia failed to quell the widespread anger elicited by his policies, French President Emmanuel Macron tried to appease the increasingly violent “yellow vests” protesters who have sacked his capital city by offering massive tax cuts that could blow the French budget out beyond the 3% budget threshold outlined in the bloc’s fiscal rules.

    Given the concessions recently offered by Italy’s populists, Macron’s couldn’t have picked a worse time to challenge the bloc’s fiscal conventions. As Bloomberg pointed out, these rules will almost certainly set the Continent’s second largest economy on a collision course with Brussels. To be clear, Macron’s offered cuts come with a price tag of about €11 billion according to Les Echos, and will leave the country with a budget gap of 3.5% of GDP in 2019, with one government official said the deficit may be higher than 3.6%.

    read more.


December 12, 2018 Posted by | Economics, GeoPolitics | , , , , , , , | Leave a comment

Ted Malloch: Rome Burned and Nero Lost His Empire – What Will Happen to Europe this Century?

  • Ted Malloch: Rome Burned and Nero Lost His Empire – What Will Happen to Europe this Century?
    by Ted Malloch,
    You have doubtless heard the well-worn euphemism, Rome’s emperor at the time, the decadent and unpopular Nero, “fiddled while Rome burned.” The expression of course has a double meaning: Not only did Nero stroke his violin making music while his people suffered, but he was an ineffectual leader in a time of deepening crisis.

    Europe is burning again, today.
    Literally and figuratively. In France, the “yellow jackets” have set Paris a blaze and stopped traffic flowing all over the country to protest fuel price increases and the globalist nonsense of their petite failed emperor, President, Emmanuel Macron.

    In Germany, now leaderless, the ruling Christian Democrats are forlorn after the complete debacle of Angela Merkel’s self-imposed, immigration nightmare. Italy is nearly bankrupt, with bridges collapsing, and looking to free itself from the shackles of the Euro and the EU. In Britain, the line is all about Brexit, i.e., leaving Europe, before it crumbles under the dead weight of the statist dictatorial Brussels bureaucracy. All over the continent we witness, perhaps the greatest crisis since WWII.

    And the violin is playing. It is in reality a triple threat: effecting politics, economics and culture across Europe today. Politically, Europeans can’t make up their mind.

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December 10, 2018 Posted by | Economics, GeoPolitics | , , , , , , , , | Leave a comment

Cracks in EU: Crunch EU Meeting Today Will FORCE Italy to Come to Heel

  • Cracks in EU: Crunch EU Meeting Today Will FORCE Italy to Come to Heel
    ITALY’S budget is back on the table in Brussels with eurozone’s finance ministers meeting again to discuss national draft budgets for next year.

    The cash-strapped country’s proposals have already been rejected by the EU because it fails to lower massive public debt but the government then refused to make changes to prevent a disciplinary procedure that could eventually lead to fines. Both sides have softened previously hardline rhetoric, reassuring financial markets and leading to a fall in Italy’s borrowing costs. But experts believe the EU will likely push for its fiscal rules to be honoured by Italy to the letter.

    Prime Minister Giuseppe Conte said a compromise was in everyone’s interests and was optimistic a deal could be struck with the European Commission. Mr Conte gave no details but said aspects discussed included ways some budget measures could be strengthened to improve Italy’s faltering economic growth prospects. He said: “Italy does not stand against Europe. An infringement procedure is not appropriate neither for Italy nor for Europe.

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December 4, 2018 Posted by | Economics, GeoPolitics | , | Leave a comment

Italy Walks Out on UN Migration Meeting Saying National Borders Are No Business of the UN

  • Italy Walks Out on UN Migration Meeting Saying National Borders Are No Business of the UN
    ITALY’S leaders are BOYCOTTING a controversial United Nations meeting set to make CRITICISING MIGRATION a criminal offence.

    The UN Global Compact for Migration which takes place next week aims to set out universal rights and conditions for migrants. But one Member of the European Parliament has pointed out that if the paper is adopted as it stands then even criticising the idea of migration would be a crime. Italy has taken a tough line on the appear and is refusing to attend.

    Italian prime minister Giuseppe Conte said decisions over migration were a matter for national governments. He said: “Italy reserves the right to adhere to this document or not only after the parliament has decided.” In a statement on behalf of the Italian government he said: “The migration pact is a document that deals with issues and questions our citizens are concerned by. “For this reason, we think it advisable to task parliament with a debate and the final choice once talks have concluded.”

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December 3, 2018 Posted by | GeoPolitics, Social Trends | , , | Leave a comment

Can Italy Survive EU Financial War about to be Launched Against It?

  • The Duran Published on Nov 26, 2018
    The Duran – News in Review – Episode 155. The Duran’s Alex Christoforou and Editor-in-Chief Alexander Mercouris explore the deficit standoff between Italy and the European Union, and how the EU’s financial threats against the Italian government are meant to punish the anti-EU leaders of Italy, who have dared to question the rule of Brussels with regard to immigration policy, and closer ties with Russia.


November 29, 2018 Posted by | Economics, GeoPolitics | , , , , | Leave a comment

Italy May Be A Bigger Test For The EU Than Brexit Is

  • Italy May Be A Bigger Test For The EU Than Brexit Is
    by Milton Ezrati,
    … Pity European Union leadership. Today it faces not only Brexit but also a different sort of faceoff with Italy. The latter may well present a greater threat to EU cohesion than the former.

    Ostensibly, the battle between Brussels and Rome revolves around the Italian government’s 2019 budget. The still new coalition government in Rome wants to increase Italian government spending 2.7% to accommodate two campaign promises, one made by each of its two members: The left-leaning and populist Five-Star Movement (M5S), led by Luigi Di Maio, promised a kind of universal basic income for the poor. The pro-business and nationalist-leaning League, led by Matteo Salvini, promised tax cuts. While these incongruous policy directions speak to the strange nature of this coalition, it is not the policy mix to which the European Commission objects. Instead, it claims to have rejected the Italian budget on the basis of how it calculates projected deficits. It will, Brussels insists, violate EU rules forbidding any member state from running deficits in excess of 3.0% of its gross domestic product (GDP). Rome has countered with estimates that the deficit for 2019 will come to only 2.4% of Italy’s GDP. Brussels contends, however, that Rome has used much too optimistic growth assumptions.

    The reality of this dispute is more complex. On the Italian side, the budget carries a powerful political-economics message. Not only do the parts of the coalition want to deliver on their campaign promises, but they also can see a need in the Italian economy for something other than the budget austerity long dictated by Brussels. They blame past austerity for Italy’s high unemployment rate, verging on 10% of the workforce, and youth unemployment that exceeds 30%. They blame the austerity for the paucity of Italian capital investment and the concomitant threat to productivity growth and the competitiveness of Italian industry. They point to recent months in which industrial production actually declined, albeit at a relatively contained 0.5% at an annual rate. More than this, the new government wants to demonstrate that it will not simply bow to Brussels’ demands as past Italian governments have. Salvini has referred to those previous governments as “puppets.” Di Maio summed up the EU rejection this way:  “This is the first Italian budget that the EU doesn’t like. I’m not surprised. It is the first Italian budget written in Rome and not Brussels.”

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November 27, 2018 Posted by | Economics, GeoPolitics | , , , | Leave a comment