India-EU News & Analysis

The Strategic Issues & International Relations Forum is a venue to discuss issues pertaining to India's security environment, her strategic outlook on global affairs and as well as the effect of international relations in the Indian Subcontinent. We request members to kindly stay within the mandate of this forum and keep their exchanges of views, on a civilised level, however vehemently any disagreement may be felt. All feedback regarding forum usage may be sent to the moderators using the Feedback Form or by clicking the Report Post Icon in any objectionable post for proper action. Please note that the views expressed by the Members and Moderators on these discussion boards are that of the individuals only and do not reflect the official policy or view of the Bharat-Rakshak.com Website. Copyright Violation is strictly prohibited and may result in revocation of your posting rights - please read the FAQ for full details. Users must also abide by the Forum Guidelines at all times.
sanjaykumar
BRF Oldie
Posts: 6095
Joined: 16 Oct 2005 05:51

Re: India-EU News & Analysis

Post by sanjaykumar »

Unbelievable politicking by euros. Laughably transparent motives. India will almost certainly institute a countervailing requirement for euro vaccines.
g.sarkar
BRF Oldie
Posts: 4382
Joined: 09 Jul 2005 12:22
Location: MERCED, California

Re: India-EU News & Analysis

Post by g.sarkar »

https://news.yahoo.com/ten-european-cou ... 16354.html
Ten European countries bow to pressure and accept Indian-made AstraZeneca vaccine at borders
Paul Nuki, July 2, 2021

Ten European countries have bowed to pressure and unilaterally said they will accept the Indian-made version of the AstraZeneca jab at their borders amid mounting anger from Britons who unknowingly received the vaccine.
It comes after The Telegraph revealed that up to five million AstraZeneca shots administered in the UK fell foul of the EU’s new vaccine passport scheme and could result in holidaying Britons being turned back at Europe’s borders.
The jabs, which were manufactured by the Serum Institute of India (SII) and quietly cleared for use by British regulators, have not been approved by the European Medicines Agency (EMA) and therefore do not qualify for the EU’s vaccine passport scheme under its current rules.
As concern mounted among affected Britons, the UK authorities appeared to be trying to get the Indian shots used in Britain approved by the EMA.
Boris Johnson, the Prime Minister, said he was optimistic about a solution after meeting with Angela Merkel, the German chancellor, who opened the door for fully vaccinated Britons to travel to Germany without quarantine measures in the “foreseeable future”.
“I see no reason at all why the MHRA-approved vaccines should not be recognised as part of the vaccine passports and I’m very confident that that will not prove to be a problem,” the Prime Minister said, referring to the UK’s regulator, the Medicines and Healthcare products Regulatory Authority (MHRA). Downing Street added that the MHRA has shared its assessment of Indian manufacturers with its counterpart at the EMA to assist the approval process.
.....
Gautam
sampat
BRFite
Posts: 494
Joined: 10 Feb 2008 23:54

Re: India-EU News & Analysis

Post by sampat »

Image

Only news about India is bad news in the media and people make perceptions based on that. Rape, Caste, Intolerance, poor, corona dead bodies etc. Good at least, now people are fighting against Hinduphobia conference.
chanakyaa
BRFite
Posts: 1723
Joined: 18 Sep 2009 00:09
Location: Hiding in Karakoram

Re: India-EU News & Analysis

Post by chanakyaa »

German Social Democrats beat conservatives in vote to decide Merkel successor
The centre-left Social Democrats (SPD) were on track for 26.0% of the vote, ahead of 24.5% for Merkel's CDU/CSU conservative bloc, projections for broadcaster ZDF showed, but both groups believed they could lead the next government.

With neither major bloc commanding a majority, and both reluctant to repeat their awkward "grand coalition" of the past four years, the most likely outcome is a three-way alliance led by either the Social Democrats or Merkel's conservatives.
Why today’s German elections are important for India
Vayutuvan
BRF Oldie
Posts: 12063
Joined: 20 Jun 2011 04:36

Re: India-EU News & Analysis

Post by Vayutuvan »

Is the EU still of some importance? Dr. Merkel is kaputt even though she, a "scientist", walked behind two scientists (of Turkic extraction) who supposedly invented "the vaccine" for Covid.
:mrgreen: :twisted: :rotfl:
uddu
BRF Oldie
Posts: 2091
Joined: 15 Aug 2004 17:09

Re: India-EU News & Analysis

Post by uddu »

Its not more news. New may be painting a certain aspect of negativity. And in a country that's developed with internet access
sampat wrote:Image

Only news about India is bad news in the media and people make perceptions based on that. Rape, Caste, Intolerance, poor, corona dead bodies etc. Good at least, now people are fighting against Hinduphobia conference.
It's not the news. If its news what points to the deep hatred shown towards the Japanese by the Finns? They only love few countries like Estonia and Denmark and almost hate the rest of the world. The commonality that these countries do have with Finland is the Lutheran Church. However developed they look, deep down they are religious fundamentalists. We usually forget to take into consideration the religious undertones of a society. When we see developed countries, we tend to think they are pluralistic democracies. Data shows otherwise.
g.sarkar
BRF Oldie
Posts: 4382
Joined: 09 Jul 2005 12:22
Location: MERCED, California

Re: India-EU News & Analysis

Post by g.sarkar »

https://www.euronews.com/my-europe/2022 ... kraine-war
EU-India relations enter new chapter under the shadow of the Ukraine war
Jorge Liboreiro • 25/04/2022

It's been 60 years since India accredited its first ambassador to the European Economic Community (EEC), the organisation that served as embryo for the European Union. Back then, India was a protectionist economy trying to move away from the British colonial era while the EEC consisted of just six European countries in the very early stages of market integration.
Today, things look dramatically different: India is a G20 member worth €3 trillion, an emerging global power and the soon-to-be most populous country in human history. It it the largest democracy in the planet and a leading actor in the Indo-Pacific, home to nearly two-thirds of the world's economy.
India's enormous political, economic and demographic weight represents an invaluable source of potential for the EU, which, in a similar vein to the United States, is trying to develop a pivot to Asia to act as a counterbalance to China's towering influence across the region.
"Our values are not shared by everyone. We all see the rising challenges to our open and free societies. This is true for the technological and the economic domain – but it is also true for security," said Ursula von der Leyen, president of the European Commission, at the end of a two-day visit to India, during which she met with the Prime Minister Narendra Modi and President Ram Nath Kovind.
"The reality is that the core principles that underpin peace and security across the world are at stake. In Asia as well as in Europe," she told the audience of the Raisina Dialogue, a high-level conference on geopolitics and geo-economics.
The renewed push from Brussels and New Delhi follows two decades of bilateral relations marked by notable ups and downs.
Things were off to a good start in 2000, with the first EU-India summit, and further improved in 2004, when a "strategic partnership" was officially established, but then took a turn for the worse over deep-rooted disagreements related to a draft trade agreement and a controversial case involving an Italian oil tanker and the shooting of two Indian fishermen.
As China began to exert its prowess in a more controlling and assertive manner, both sides realised the benefits of closer cooperation outweighed any sort of outstanding discrepancy.
Rapprochement efforts gradually intensified: in 2020, the EU and India unveiled in a joint roadmap for the next five years, touching upon areas of common concern such as climate change, security, fair trade, human rights research and innovation.
In 2021, the two sides agreed to resume negotiations on the stalled trade deal and launch a dialogue on maritime security, a crucial aspect in Indo-Pacific politics. The EU also set up a connectivity partnership – the second of its kind after Japan's – to boost investments in energy, transport and digital infrastructure.
.....
_______________________________________________________________________________________________________________
https://www.euronews.com/2022/05/02/ger ... its-berlin
Germany and India sign €10 billion green development deal as Modi visits Berlin
AP with Euronews • 02/05/2022

Germany and India signed a series of bilateral agreements Monday focused on sustainable development that will see the South Asian nation receive €10 billion in aid by 2030 to boost the use of clean energy.
The accords were signed during a visit to Berlin by India's Prime Minister, Narendra Modi. Germany Chancellor Olaf Scholz is seeking to elicit India's support for the tough stance taken by Europe and the United States toward Russia over the war in Ukraine.
Modi reiterated his call to both Russia and Ukraine to end the fighting, saying: "We believe that no party can emerge victorious in this war.”
But unlike Scholz, Modi refrained from any overt criticism of Moscow, which has previously praised India for its “neutral” stance on the conflict.
Reporters were not permitted to ask questions after the two leaders spoke - an unusual arrangement at German chancellery where at least four questions are routinely taken.
....
Gautam
€ 10 billion aid? not a deal?
g.sarkar
BRF Oldie
Posts: 4382
Joined: 09 Jul 2005 12:22
Location: MERCED, California

Re: India-EU News & Analysis

Post by g.sarkar »

https://foreignpolicy.com/2022/05/02/in ... e-germany/
Modi’s European Tour Kicks Off in Germany
Although the West has bristled at his approach to Ukraine, India’s leader is far from isolated.
Colm Quinn, the newsletter writer at Foreign Policy, MAY 2, 2022

Modi Meets Scholz in Berlin
Indian Prime Minister Narendra Modi embarks Monday on a three-country tour of Europe, beginning with Germany, as the West continues its charm offensive amid India’s neutral position on Ukraine.
For German Chancellor Olaf Scholz, it will be his second meeting with a leader of an Asian democracy in the space of a few days, following his trip to Japan last week to meet Prime Minister Fumio Kishida.
Modi’s travels take him to Denmark on Tuesday, where he is due to participate in the India-Nordic Summit, also including the leaders of Denmark, Finland, Iceland, Norway, and Sweden.
He heads to France on Wednesday, where he’ll meet with newly reelected French President Emmanuel Macron and mark 75 years of diplomatic relations between the two countries.
Although it’s his first foreign trip this year, Modi hasn’t lacked for international attention lately. There has been a steady flow of foreign dignitaries in India over the past few months, with both EU Commission President Ursula von der Leyen and British Prime Minister Boris Johnson meeting Modi over the past two weeks.
In quieter times, those visits would still make strategic sense: Western leaders have long courted India for its potential economic benefits. Nowadays, those trips amount to a loosely coordinated persuasion campaign, as India’s neutral position on Russia’s war in Ukraine has awakened the West to the reality that not all powers see the world the same way Washington and Brussels do.
.....
Gautam
chetak
BRF Oldie
Posts: 32283
Joined: 16 May 2008 12:00

Re: India-EU News & Analysis

Post by chetak »

take a gander at the Indian gent in uniform and his casual, most unmilitary like stance while waiting to receive his country's PM



Image
yensoy
BRF Oldie
Posts: 2494
Joined: 29 May 2002 11:31
Location: USA

Re: India-EU News & Analysis

Post by yensoy »

^^^^ That's not the way it works. As PM approaches, he will stomp to attention as he nears and salute him as he passes, and maybe get a handshake.
Cyrano
BRF Oldie
Posts: 5481
Joined: 28 Mar 2020 01:07

Re: India-EU News & Analysis

Post by Cyrano »

Saw the press statements by Scholz and NaMo. Scholz went on and on shrilly about Ukraine, democracy, rules based order, territorial integrity etc etc. All these terms were absent in NaMo's statement who made straight points about pushing for negotiations and peace, the impact of the conflict on the rest of the world. Despite the obvious effort to show closeness of ties, the contrast couldn't be more stark.
S_Madhukar
BRFite
Posts: 517
Joined: 27 Mar 2019 18:15

Re: India-EU News & Analysis

Post by S_Madhukar »

Scholz 1st term, I would expect him to be like Xiden sticking to the book ... he does look salty though :rotfl:
Ukraine has accused Olaf Scholz of sulky and “unstatesmanlike” behaviour after the German chancellor declined to travel to Kyiv because of a diplomatic snub.

Relations between the two countries have deteriorated substantially since the start of the war as Ukraine complains that Germany has dithered on arms shipments and energy sanctions against Russia and Germany feels that the criticism has been overblown and hostile.
rsingh
BRF Oldie
Posts: 4451
Joined: 19 Jan 2005 01:05
Location: Pindi
Contact:

Re: India-EU News & Analysis

Post by rsingh »

Herr Shulz was in but bad mood. It seems Modi agreed to disagree very early statge.
g.sarkar
BRF Oldie
Posts: 4382
Joined: 09 Jul 2005 12:22
Location: MERCED, California

Re: India-EU News & Analysis

Post by g.sarkar »

https://www.firstpost.com/opinion/an-as ... 29911.html
An assessment of EU-India ties as Modi visits Europe: Sheer political will driving strategic convergence beyond differences
As Prime Minister Naredra Modi travels through Europe, there has never been a more opportune time for EU-India partnership
Sreemoy Talukdar, May 04, 2022

During a media conference last month in Washington post the 2+2 meeting, India’s external affairs minister S Jaishankar was at the receiving end of one more question on India’s buying of Russian energy, prompting him to quip: “We do buy some energy which is necessary for our energy security. But I suspect, looking at the figures, probably our total purchases for the month would be less than what Europe does in an afternoon.” The minister wasn’t bluffing. Europe, especially Germany, is effectively bankrolling Putin’s war.
Since Putin’s decision to launch an invasion, the Ukraine issue has been a persistent thorn in the flesh of rapidly energizing India-EU ties that saw a ‘reset’ last year with the EU-India leaders’ meet in May. Prime minister Narendra Modi had joined in through video conference to meet heads of 27 EU member states assembled in Porto, and that epochal moment not only resurrected the stillborn FTA negotiation process, it had also marked a moment when both sides turned serious about the relationship. Yet the persistent background noise on divergence over Ukraine has threatened to overshadow some real progress on the ground.
In the early days of the war, the European Union had served as a demarche to India, putting pressure on New Delhi to take a “strong position” on Russia. Europe’s Indo-Pacific envoy landed in India to say that the EU was “not pleased” by New Delhi’s abstentions at the UN. India finds lecturing from Europe on Ukraine hypocritical.
During the recently held Raising Dialogue in New Delhi, in response to questions from the Norwegian and Luxembourg foreign ministers on this very topic, the external affairs minister’s response was sharp. “When a rules-based order was under challenge in Asia, the advice we got from Europe is: do more trade. At least we are not giving you that advice,” said Jaishankar, adding that Ukraine could be a “wake-up call for Europe to also look at Asia.” India won’t forget that in 2020, the very year when 20 Indian soldiers were killed by Chinese troops in Galwan, Europe and China signed the Comprehensive Agreement on Investment that was driven largely by Xi Jinping and then German chancellor Angela Merkel.
It is not surprising to note, therefore, that the joint statement on the 6th India-Germany Inter-Governmental Consultations (IGC) released after both sides met in Berlin on Monday had India’s name conspicuously missing from the line where it read, “Germany reiterated its strong condemnation of the unlawful and unprovoked aggression against Ukraine by Russian Forces.”
In a joint statement, this is unusual. These sentences are the result of prolonged and meticulous deliberations that last for days and are released only when consensus has been reached. So, it is not an oversight, but rather an evidence of divergence on both sides.
.....
____________________________________________________________________________________________________________________
https://www.france24.com/en/asia-pacifi ... next-level
Modi, Macron put Ukraine rift aside to take Indo-French ties to next level
Leela JACINTO, 04/05/2022

Indian Prime Minister Narendra Modi becomes the first world leader to have a face-to-face meeting with his frequently cited “friend” Emmanuel Macron following the French president’s re-election victory. While India, unlike France, still refuses to publicly condemn Russia over the Ukraine war, the two leaders share plenty of common ground.
When Emmanuel Macron won the April 2022 French presidential race, beating his far-right rival, Marine Le Pen, Indian Prime Minister Narendra Modi could barely contain his joy.
“Congratulations to my friend @EmmanuelMacron on being re-elected,” began Modi’s Twitter felicitations. “I look forward to continue working together to deepen the India-French Strategic Partnership.”
Barely a week later, the Indian leader was at it again, hailing his “friend” in a post announcing his visit Wednesday to France, his last stop on a three-day, three-nation European tour. “In Paris I will be meeting my friend, President @Emmanuel Macron, who has just been re-elected,” he tweeted. “During our talks we will take stock of various bilateral and global issues.”
Modi’s Paris visit follows a trip to Germany, where he held talks with Chancellor Olaf Scholz on Monday. The Berlin visit ended with a series of bilateral agreements that will see India receiving 10 billion euros in German aid by 2030 to boost the use of clean energy.
But if the German press and public were expecting an accounting for the bilateral largesse, they were to be disappointed. Breaking with chancellery norms, reporters were not permitted to ask questions after the two leaders read out their statements. Modi has not held a single press conference in India since becoming prime minister in 2014 and the decision to skip questions was taken at the insistence of the Indian delegation, according to German officials.
Journalists were instead provided a 19-page joint declaration that displayed a pattern India has adopted and repeated since the February 24 Russian invasion of Ukraine. While Germany “reaffirmed” its “utter condemnation” of the invasion, India steered clear of upbraiding Russia for attacking Ukraine. Modi instead repeated his mantra of ceasefire and talks as “the only way to resolve” the Ukraine crisis.
......
Gautam
g.sarkar
BRF Oldie
Posts: 4382
Joined: 09 Jul 2005 12:22
Location: MERCED, California

Re: India-EU News & Analysis

Post by g.sarkar »

https://www.newsncr.com/national/pm-mod ... n-shortly/
PM Modi in France: PM Modi reaches France, will meet President Macron shortly
Editorial, May 4, 2022

Prime Minister Narendra Modi (Prime Minister Narendra Modi) The capital of France has reached Paris on the third and final day of the Europe tour. He was shortly followed by French President Emmanuel Macron. (President Emmanuel Macron) will meet. As soon as he reached Paris, PM Modi was given a warm welcome at the airport. Modi will be the first world leader to hold a meeting with Macron after being re-elected as French President in April.
.....
Gautam
chanakyaa
BRFite
Posts: 1723
Joined: 18 Sep 2009 00:09
Location: Hiding in Karakoram

Re: India-EU News & Analysis

Post by chanakyaa »

EU desperate for new markets as the sanctions and trade disruptions hurting the clowns...

EU and India to start trade negotiations, with 2024 target
After more than eight years of stalled negotiations on a comprehensive EU-India trade agreement, the two are set to formally restart talks from mid-June, with the aim to strike an agreement before both head to the polls in 2024.

Technical negotiations on 18 chapters of a future free trade agreement, one text regarding investment issues, and one concerning geographical indications are set to begin on 17 June in Brussels, India’s commerce ministry said in a statement.

“Both sides hoped to conclude the agreement before 2024. The pact will pave the way for India to give a boost to trade with the 27-member nation EU bloc, subject to ratification by both sides including the European Parliament,” the statement said
...
And, some reality check

Germany’s charm offensive towards non-Western democracies will fail
Since the onset of the war in Ukraine, the German government has increasingly shifted its attention toward non-Western democracies, trying to forge alliances to isolate Russia and ensure that the emerging multipolar world order bears a Western signature. However, the push is likely to fail.

German Chancellor Olaf Scholz has reiterated the importance of fostering closer ties with ‘like-minded’ non-Western democracies over and over again.

“It is worth working together on a world order that does justice to the multipolar reality of the 21st century,” he stressed in a speech on Thursday.

In May, Scholz held government consultations with India and travelled to three democratic African states later the same month.

To forge closer ties with these states, Scholz invited India, South Africa, Senegal, Indonesia, and Argentina to participate in a G7 summit later this month.

Scholz stressed that these countries would be democracies, closely connected to the West. However, despite all the flowery words, these countries are far less aligned with the West than Germany might hope.

Even their status as ‘like-minded democracies’ could be called into question.

India, often dubbed the globe’s largest democracy, is a case in point.

While Scholz and Indian Prime Minister Narendra Modi emphasised their shared values, India refused to support the West’s push to condemn the Russian aggression in Ukraine and aggravated the global food crisis through an export ban on wheat. Modi’s regime is also under increased scrutiny over human rights abuses and violent attacks on India’s Muslim population.

In late February, some leading political scientists and lawyers warned that India was even standing on the brink of a genocide. Not exactly the behaviour of a “like-minded state”

Meanwhile, despite Scholz and the EU having continuously praised the close collaboration with the African Union, its chairman Macky Sall, also Senegal’s president, has made a remarkable set of U-turns in his policy towards Russia.

Following a meeting with Vladimir Putin, he called on his “partners” to lift their sanctions against Russia – only days after appearing to form a united front with the EU on the issue of food security. :rotfl:

All these examples highlight that the German vision of a united front of the world’s democracies are unlikely to lead to tangible results.

The world is indeed heading towards a multi-polar global order.

However, the attempts to further integrate these countries into a Western system of international relations and values are destined to fail.

Countries like India or Senegal will continue to balance the interests of different power centres, or even attempt to become one of these centres themselves. They have their own political priorities and often complicated colonial legacies with the European countries that now seek their assistance against Russia. For them, alignment with the West is only one of many options on the table.
rsingh
BRF Oldie
Posts: 4451
Joined: 19 Jan 2005 01:05
Location: Pindi
Contact:

Re: India-EU News & Analysis

Post by rsingh »

chanakyaa wrote:....
Till the Ukraine Russia war is over. We have to do only chai biskoot.A lot will depend on the outcome.
Rakesh
Forum Moderator
Posts: 18274
Joined: 15 Jan 2004 12:31
Location: Planet Earth
Contact:

Re: India-EU News & Analysis

Post by Rakesh »

rsingh wrote:Till the Ukraine Russia war is over. We have to do only chai biskoot.A lot will depend on the outcome.
Do NOT quote entire posts to put in a one liner.
rsingh
BRF Oldie
Posts: 4451
Joined: 19 Jan 2005 01:05
Location: Pindi
Contact:

Re: India-EU News & Analysis

Post by rsingh »

My bad saar. Normally I do take care. But here I had just lost an argument with SHQ. I was in bad mmod and wanted to do "Teri aisi ki taisi". Hence the result.
sanjaykumar
BRF Oldie
Posts: 6095
Joined: 16 Oct 2005 05:51

Re: India-EU News & Analysis

Post by sanjaykumar »

In February there warnings of genocide imminent in India? From whom? Roma? Jews? Catholics? The disabled? Gays? Africans? Aborigines? Red Indians?


Speak up man I can’t hear you?


And let’s not explore attacks on Muslims too closely, might incite some against others.
chetak
BRF Oldie
Posts: 32283
Joined: 16 May 2008 12:00

Re: India-EU News & Analysis

Post by chetak »

chanakyaa wrote:EU desperate for new markets as the sanctions and trade disruptions hurting the clowns...

After more than eight years of stalled negotiations on a comprehensive EU-India trade agreement, the two are set to formally restart talks from mid-June, with the aim to strike an agreement before both head to the polls in 2024.

Technical negotiations on 18 chapters of a future free trade agreement, one text regarding investment issues, and one concerning geographical indications are set to begin on 17 June in Brussels, India’s commerce ministry said in a statement.

“Both sides hoped to conclude the agreement before 2024. The pact will pave the way for India to give a boost to trade with the 27-member nation EU bloc, subject to ratification by both sides including the European Parliament,” the statement said...
And, some reality check

Germany’s charm offensive towards non-Western democracies will fail
Since the onset of the war in Ukraine, the German government has increasingly shifted its attention toward non-Western democracies, trying to forge alliances to isolate Russia and ensure that the emerging multipolar world order bears a Western signature. However, the push is likely to fail.

German Chancellor Olaf Scholz has reiterated the importance of fostering closer ties with ‘like-minded’ non-Western democracies over and over again.


While Scholz and Indian Prime Minister Narendra Modi emphasised their shared values, India refused to support the West’s push to condemn the Russian aggression in Ukraine and aggravated the global food crisis through an export ban on wheat. Modi’s regime is also under increased scrutiny over human rights abuses and violent attacks on India’s Muslim population.


The world is indeed heading towards a multi-polar global order.

However, the attempts to further integrate these countries into a Western system of international relations and values are destined to fail.

germany will not commit with aid, they cannot provide oil and grain.

BMWs and volkswagens can go so far and no further.

the afros do not need german hitech stuff.

so it's all window shopping onlee

Besides the EU have refused to acknowledge the elephant in the room. They greatly fear India overtaking them in the global order. A lot of the EU is still beset with the colonial culture. And ALL of them are white supremacists and rabid racists.

It rankles that they have no answer to counter the inevitable

This is also where the a large part of the core of the BIF resides.

That it took them so many years to resolve the eyetalian marines shooting the KER fishermen has seriously rattled them. Even the pope poking his nose did not help and that left them politically rudderless and diplomatically becalmed

and now, they want to sell us wine, when Indian single malts and Indian wines are already making their mark on the global wine arena

BTW, germany also funds a large part of the dirty work done by FFNGOs and their parasitic scum operating in India
g.sarkar
BRF Oldie
Posts: 4382
Joined: 09 Jul 2005 12:22
Location: MERCED, California

Re: India-EU News & Analysis

Post by g.sarkar »

https://www.dw.com/en/german-inflation- ... a-61975217
German inflation rate jumps to 7.9% in May
Prices in Germany have increased by 7.9% this month, the highest amount since reunification.
30.05.2022

Germany's inflation rate reached 7.9% in May, according to data published by the German statistical agency Destatis. The preliminary figures were based on the consumer price index and compared with prices from May 2021.
May's inflation was thus up by roughly one-tenth over the already record-breaking rate in April this year. It's the highest rate of inflation since German reunification and a level similar to that seen in 1973/1974 following the oil crisis.
The statistics agency pointed to the war in Ukraine and rising energy prices as being behind the record level of inflation. Energy prices increased by 38.3% over the same time last year, while the price of food increased by 11.1%.
"Since the beginning of the war in Ukraine, the cost of energy has noticeably increased, substantially affecting the high rate of inflation," the Destatis statement said.
"Another factor with an upward effect on prices is interruptions in supply chains caused by the Covid-19 pandemic," it added.
As with most parts of the world, the rate of inflation in Germany has been rapidly increasing, leaving consumers facing much higher prices for a large range of products and services, thus lowering their purchasing power. Analysts have predicted that Europe as a whole will see an average rate of inflation of 6% in 2022.
......
Gautam
This much of inflation is politically not acceptable in Germany. The nation still has a memory of the days of hyperinflation in 1922 that ultimately ended the Weimar Republic and made way for Hitler.
rsingh
BRF Oldie
Posts: 4451
Joined: 19 Jan 2005 01:05
Location: Pindi
Contact:

Re: India-EU News & Analysis

Post by rsingh »

What if reluctant Germans decides to call it a day and get out of Euro Zone? Inflation has very deep impact on German physique. Inflation is sum of all fears. Just a hint.
Aditya_V
BRF Oldie
Posts: 14332
Joined: 05 Apr 2006 16:25

Re: India-EU News & Analysis

Post by Aditya_V »

rsingh wrote:What if reluctant Germans decides to call it a day and get out of Euro Zone? Inflation has very deep impact on German physique. Inflation is sum of all fears. Just a hint.
Well Germany is rearming with Euro 100 billion of arms in the next few years, Germany is going to have Europe largest Army Germany is having high inflation. Germany is going deploy troops in the Baltics for " protection ".

What can go wrong in such a situation, looks like 1928 is being repeated in 2022, will Germany repeat 1933 which will lead to 1939?

The conditions for it are all falling in place. Like back in the day Neo Nazis have won in Saxony and few states are considered "fringe". There is some talk of Silesian among some Germans.

Some neo con will come and say Kaliningrad should be made the Historical East Prussia and we will be nearly there.

I hope world leaders and Germans dont forget these dangers 10 years down the line.
kit
BRF Oldie
Posts: 6278
Joined: 13 Jul 2006 18:16

Re: India-EU News & Analysis

Post by kit »

A militarized Germany and Japan would try to solve their internal issues through conflict abroad., this is an age-old dictum. Alas, we do live in interesting times !!
Cyrano
BRF Oldie
Posts: 5481
Joined: 28 Mar 2020 01:07

Re: India-EU News & Analysis

Post by Cyrano »

A lot depends on how the Ukraine situation resolves. Lot of divisions and hitherto invisible attitudes and ambitions have surfaced in the last 3 months. There is a chance EU may not survive this decade.
chanakyaa
BRFite
Posts: 1723
Joined: 18 Sep 2009 00:09
Location: Hiding in Karakoram

Re: India-EU News & Analysis

Post by chanakyaa »

Aditya_V wrote:...
Well Germany is rearming with Euro 100 billion of arms in the next few years, Germany is going to have Europe largest Army Germany is having high inflation. Germany is going deploy troops in the Baltics for " protection ".
France is not too far behind. Here is Macron petitioning Europe to support its own defense industry amid new ‘war economy’.

(Use Chrome to switch French to English)
Macron announces entry "into a war economy" and calls for "a reassessment" of the military programming law
“We are going to have to organize ourselves in the long term,” said the President of the Republic when he inaugurated the Eurosatory, near Paris, on Monday.

The formula is shocking. Three and a half months after the start of the invasion of Ukraine by Russia, the Head of State Emmanuel Macron underlined on Monday the challenges posed to the defense sector, that of " entering a war economy ". “We are going to have to organize ourselves in the long term”, he declared when inaugurating the Eurosatory near Paris, “to go faster, to think differently about the rhythms, the increases in load, the margins to reconstitute more quickly what is essential for our armies, for our allies, for those we want to help, an economy where we can no longer live with the grammar of even a year ago“, he warned. The defense industry must get out of the habit of peacetime to increase its rates. The formula is a warning. The government is also considering, according to Le Monde , a legislative amendment to be able to requisition, in certain circumstances, civilian companies for military purposes.
Cyrano
BRF Oldie
Posts: 5481
Joined: 28 Mar 2020 01:07

Re: India-EU News & Analysis

Post by Cyrano »

Marcon is treading carefully at home and outside.

French public finances are not as robust as Germany's, huge public debt that only got worse since Covid. The retirement pension reform bill is stuttering due to baby boomer's children who don't want to work longer. Public sector crown jewels were squandered over the past 20years, the country that built 1 nuclear reactor every 3 months in the seventies can't build or even maintain one in years. Manufacturing has mostly disappeared except a few niches like miltech.

Rapprochement with India will be of great benefit from economic and geo strategic perspectives, especially after AUKUS ruckus, but Ukraine crisis has muddled waters considerably.

French parliament elections are underway and Macron's party is in a dead heat with idiotic socialists led by a narcissistic Melanchon. If socialists egde out Macron's party in the second round due coming Sunday, Macron will be a lame duck President of a chaotic country for the next 5 years.

The stability provided by Franco-German couple to EU is history with Merkel gone. The EU 3 Stooges van der Lying, Borrell and Michel are operating an unprecedented power grab under the garb of Ukraine and making EU a vassal 51st state of the US. Nearly 6 million blond and truculent (there isn't a better adjective in the whole dictionary) Ukranian refugees will add the needed spice to bland European menu.

India is negotiating a trade deal with EU but I wouldn't be surprised if we slow pedal for the foreseeable future, which anyway looks bleak and full of uncertainties for Europe.
Shanmukh
BRF Oldie
Posts: 3042
Joined: 11 Aug 2016 06:14

Re: India-EU News & Analysis

Post by Shanmukh »

The Spectator Index
@spectatorindex
Germany reports annual producer inflation of 33.6% in May, the highest on record.

https://twitter.com/spectatorindex/stat ... 0141501440

Is it just me or does it seem a tad high .... But seriously, I wish Suraj-san or other economic gurus could decipher the full meaning for us.
chanakyaa
BRFite
Posts: 1723
Joined: 18 Sep 2009 00:09
Location: Hiding in Karakoram

Re: India-EU News & Analysis

Post by chanakyaa »

Yes, the inflation numbers in EU are jaw dropping, at dangerously high level. The annual inflation rate in Germany was confirmed at 7.9% in May of 2022, and accelerating from 7.4% in the previous month. It was the third straight month of record high inflation since German reunification and also marking the highest level since the winter of 1973/1974. We are not quite there with Weimar Republic equivalent, but things could turn ugly this winter.

There are two inflationary measures in our economy, the Consumer Price Index (CPI) and the Producer Price Index (PPI). CPI is a measure of the total value of goods and services consumers have bought over a specified period, while PPI is a measure of inflation from the perspective of producers.

Here is how I would read Producer Price Inflation
  • Non Technical Read: Those who manufacture industrial products in the economy are saying that cost to produce products has increased by 33.6%. E.g. If it cost $100 to manufacture a tool in May 2021, now it costs $133.60. Most of the increase is driven by higher cost of energy and raw material due to war in Ukraine and sanctions. These increases will now make its way into real products ordinary consumers buy day-in day-out, which means that 8% inflation number for consumers will keep going up. Post-WWII EU has never seen this kind of inflation. If these numbers stay high for months, it would mean poverty, loss of faith in governments, destabilization, clashes between society and classes. For countries like Latvia, Estonia, Lithuania, Estonia, Netherlands, Slovakia inflation is higher than 10%. Euro has weakened against Russian ruble by approx. 34% from Feb 2022. This is a whopping weakness of Euro (from 85 to 56). Wealth has transferred from EU to Russ, with an exception that sanctions has limited how much Russ can exercise that new wealth. And, the trading restrictions with Russ has not allowed the foreign exchange rates of other countries to evolve with USD or Euro. Imagine what will happen to these exchange rates if sanctions against ruble is lifted?

    Checkout Euro area annual inflation up to 8.1%
  • Technical Read: Here is the data from official site. Producer prices in May 2022: +33.6% on May 2021

    WIESBADEN – In May 2022, the index of producer prices for industrial products increased by 33.6% compared with May 2021. As reported by the Federal Statistical Office this was the highest increase ever compared to the corresponding month of the preceding year. In April 2022 the index had increased by 33.5% and in March by 30.9%. Compared with the preceding month April 2022 the overall index rose by 1.6% in May 2022.

    Mainly responsible for the increase of producer prices compared to May 2021 still was the price increase of energy.

    Strong increase in prices for all energy sources

    Energy prices as a whole were up 87.1% compared to May 2021 and by 2.5% compared to April 2022. Mainly responsible for the high rise of energy prices were the strong price increases of natural gas (distribution) which was +148.1% on May 2021. Power plants had to pay 241.2% more for natural gas than one year before. Industrial consumers’ prices were up 210.7%, those of resellers 168.3%. While end users with higher purchase volumes, whose prices are often based on stock market quotations, had to pay less than in April 2022, prices for buyers of smaller purchase quantities continued to rise. Across all customer groups, natural gas became 2.5 % more expensive compared to April 2022.

    Electricity prices rose by 90.4%. Redistributors had to pay 165.2% more than in May 2021, special contract customers 83.2%. Prices of mineral oil products were up 55.8% from May 2021 and rose by 2.5% from April 2022. Prices of light heating oil were up 96.0% compared to May 2021, those of motor fuels 49.4%.

    The overall index disregarding energy was 16.5% up on May 2021 (+1.2% compared to April 2022).

    Growth in prices of non-durable consumer goods mainly due to increasing prices for preserved meat and meat products

    Prices of non-durable consumer goods increased by 14.7% compared to May 2021 and rose by 1.3% compared to April 2022. From May 2021 to May 2022 food prices increased by 19.2%. Especially high was the price increase of butter (+80.2% compared to May 2021 and +7.2% compared to April 2022). Prices of crude vegetable oils were up 68.4% from May 2021. Prices of meat of bovine animals increased by 42.9% compared to May 2021, those of meat of swine by 24.1%, the latter decreasing by 2.6% from April to May 2022. Coffee prices were up 33.6% compared to May 2021,those of dairy products 24.1%.

    Prices of durable consumer goods increased by 9.4% compared to May 2021, mainly caused by the price development of furniture (+11.9%).

    Capital goods’ prices rose by 7.1%. This was the highest year-on-year change since September 1975 (+7.4%). The highest impact on the price development of capital goods had the increase of machine prices, which were 8.3% up on May 2021, followed by vehicels’ price development by +4.9%. Especially high were the price increases of metal structures (+26.1%), of parts and accessories of computing machines (+18.9%) as well as of parts of refrigeration and freezing equipment and heat pumps (+15.7%).
  • Implications: Inflation in the post-WW2 in Europe has been very low for the most part. Europe has not seen, especially the younger population does not know what inflation is. It has power to topple the governments, cause riots, social unrest, wars and challenging the unity of 30 year union. Politicians will cleverly blame it on the Russ. At this point, Recession is a foregone conclusion, but more importantly, could we see early 1900s repeat?
rsingh
BRF Oldie
Posts: 4451
Joined: 19 Jan 2005 01:05
Location: Pindi
Contact:

Re: India-EU News & Analysis

Post by rsingh »

Moi je suis parti pour un conferance en Amsterdam, moi. EU has started an initiative on securing religious places ( both active and passive security measures).Eu is taking such matters very seriously.Do not be surprised if you see rsingh in uzi firing sessions :mrgreen: EU security agencies are on to something.
Cyrano
BRF Oldie
Posts: 5481
Joined: 28 Mar 2020 01:07

Re: India-EU News & Analysis

Post by Cyrano »

Le timing est curieux...
<irony>
Perhaps they want to protect Russian orthodox Churches on Eu soil from Russophobe attacks... ?
</irony>
rsingh
BRF Oldie
Posts: 4451
Joined: 19 Jan 2005 01:05
Location: Pindi
Contact:

Re: India-EU News & Analysis

Post by rsingh »

Cyrano wrote:Le timing est curieux...
<irony>
Perhaps they want to protect Russian orthodox Churches on Eu soil from Russophobe attacks... ?
</irony>
Looks like they are getting ready to deal with aftermath of Ukraine. 1000s of arms of all sorts. Law and order is going to not as it used to be.
g.sarkar
BRF Oldie
Posts: 4382
Joined: 09 Jul 2005 12:22
Location: MERCED, California

Re: India-EU News & Analysis

Post by g.sarkar »

https://indianexpress.com/article/india ... s-7992107/
PM Modi at G7 live updates: PM arrives in Munich; set to attend G7 summit
PM Modi in Germany live updates, June 26: The G7 leaders are expected to focus on the Ukraine crisis that has triggered geopolitical turmoil besides fuelling a global food and energy crisis.
Express Web Desk, June 26, 2022

PM Modi in Germany live updates: Prime Minister Narendra Modi on Sunday arrived in Munich on a two-day visit to Germany during which he will attend the G7 summit and discuss issues like energy, food security, counter-terrorism, environment and democracy with the leaders of the powerful bloc and its partner countries, PTI reported.
“An early morning touchdown in Munich… PM @narendramodi will participate in the G-7 Summit. Later this evening, he will also address a community programme in Munich,” the Prime Minister’s Office (PMO) said on Twitter.
Prime Minister Modi is attending the G7 summit, to be held on June 26 and 27, following an invitation by German Chancellor Olaf Scholz. The summit is being hosted by Germany in its capacity as the chair of G7, a grouping of the world’s seven richest nations. The G7 leaders are expected to focus on the Ukraine crisis that has triggered geopolitical turmoil besides fuelling a global food and energy crisis.
......
Gautam
rsingh
BRF Oldie
Posts: 4451
Joined: 19 Jan 2005 01:05
Location: Pindi
Contact:

Re: India-EU News & Analysis

Post by rsingh »

Any detailed analysis of Modi at G7 ? What was achieved and how Russian issue was dealt with?
g.sarkar
BRF Oldie
Posts: 4382
Joined: 09 Jul 2005 12:22
Location: MERCED, California

Re: India-EU News & Analysis

Post by g.sarkar »

https://thewire.in/diplomacy/energy-acc ... modi-at-g7
At G-7, India Commits to Protect Freedom of Expression, Calls for Energy Access Amid Rising Prices
India, along with four developing nations and the G-7 members, pledged to work together to curb climate change while ensuring energy security for their citizens.
The Wire Staff, 27/JUN/2022

New Delhi: At the G-7 Summit, India signed onto a joint statement to protect freedom of expression and opinion “online and offline”. Additionally, Prime Minister Narendra Modi urged for equal access to energy for the poor amidst soaring oil prices due to the war in Ukraine.
Modi had been invited along with leaders of Indonesia, South Africa, Senegal and Argentina to attend two sessions of the G-7 summit in Germany.
At the end of the summit, the G-7 members and the invited countries jointly released a statement on “resilient democracies”
The document, also signed by India, asserts that the signatories would remain “steadfast in our commitment to defending peace, human rights, the rule of law, human security and gender equality”.
“We hail all courageous defenders of democratic systems that stand against oppression and violence, and will step up international cooperation to improve the resilience of democratic societies globally,” it said.
The document lists commitments under four categories – global responsibility of democracies, defence of open debate, protection of civil society and promoting equal representation.
Under promotion of open debate, the signatories resolved to “protecting the freedom of expression and opinion online and offline and ensuring a free and independent media landscape through our work with relevant international initiatives”.
.....
Gautam
ramana
Forum Moderator
Posts: 59773
Joined: 01 Jan 1970 05:30

Re: India-EU News & Analysis

Post by ramana »

Latvian Defense Minister told me the United States risks being invaded if it fails to continue to subsidize Ukraine. “Chinese are watching. Indians are watching,” he warned
hnair
Forum Moderator
Posts: 4635
Joined: 03 May 2006 01:31
Location: Trivandrum

Re: India-EU News & Analysis

Post by hnair »

Is Rihanna back from her maternity leave? These farmers who are actually being denied the right to livelihoods by their govts need her. Their terrible PM is threatening their right to protest:


Dutch PM condemns protests by farmers at minister’s home
Provincial governments were given a year to draw up ways of making the cuts, which are expected to include buying out some farms with livestock that produce large amounts of ammonia.

Farmers argue they are being unfairly targeted and shown little concern for their futures.
The Dutch national police chief also weighed in, saying officers have fined dozens of farmers in recent days and prevented more road blockades.
Now which country recently allowed 1000s of violent farmers to protest for months by blocking roads and mess up national monuments? But still got lectured on how to behave as a democracy?

Ah yes that symbol of backsliding on democracy, India
sanjaykumar
BRF Oldie
Posts: 6095
Joined: 16 Oct 2005 05:51

Re: India-EU News & Analysis

Post by sanjaykumar »

The authority with which India is chided has lost currency.


For sure I will pay attention to the system when K K Mohammad of the Archeological Survey of India is magnanimously and munificently awarded the Nobel peace prize.


That will go some way in rehabilitating their credibility.
Post Reply