European Impact of the German Agreement

WorldEuropean Impact of the German Agreement

The new German government coalition breaks with the ‘Merkel era’ by defending greater European integration and becoming more assertive in the face of authoritarian drift in Hungary and Poland. The new German social policy will also serve as a benchmark for the rest of the European Union.

NS government agreement From alliance German Social Democratic-Green-Liberal will mark Future European Union (EU) for the next four years. Germany, which is concentrated 25% of PIB and 19% of the EU’s population, determines the European political orientation and nothing can be approved without support or with German opposition. Similarly, the declared national measures will act as Reference In the rest of the European Union, such measures as a 25% increase in the minimum wage, the construction of 100,000 flats per year with public funds, a brake on rising rents, the integration of immigrants and the right to vote from the age of 16.

The new German government, according to the 177 pages of the treaty, would promote a greater integration To move towards a “European federal state“, which breaks the policy of remain so chancellor’s Angela Merkel. Some measures, such as the adoption of European foreign policy decisions by a qualified majority, are required. EU treaty reform, Other measures, such as European electoral legislation and strengthening military cooperation, could be adopted within the current framework. But some brakes remain: the tripartite conditions on the European Banking Union’s completion and its deposit guarantee system upon prior cleaning of all banks’ balance sheets.

first immediate change from and Merkel This change agreement with perseverance Before the authoritarian drift of Hungary and Poland. The tripartite urges the European Commission to impose on Poland and Hungary rules that make European aid conditional on respect for the rule of law. The new German government specified that it would only approve recovery funds to those countries if the necessary preconditions were met.

European sovereignty

“European Sovereignty & rdquo; “Key Objectives & rdquo; is one of; Coalition’s foreign policy, says next German chancellor, Olaf Scholz. The Foreign Ministry opening by Green co-leader, Annalena Berbock, would move the EU to a foreign policy basis. valuesWith strong position against Russia and China. This could exacerbate the tendency of the EU to fall back on unrealistic policies with unattainable goals and with harmful consequences for European interests.

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The German stoppage of the final authorization of the Russian Nord Stream 2 gas pipeline has triggered the gas price hike once again, pushing the price of electricity in the European Union, including Germany, to new records. While Merkel promoted a comprehensive investment agreement with China, the tripartite would maintain paralyzed Its ratification opens up new sources of tension with Beijing, aligning itself with the US by supporting “democratic Taiwan’s relevant participation in international organizations”. It conflicts with United Nations General Assembly Resolution 2578, which gives Beijing the only international representation of China since 1971.

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program of Investment And the agreed climate change will reinforce the European Commission’s green plan and could serve as an inspiration for the remaining 27. Abandoning coal eight years ahead of schedule for electricity generation (27% of the total) would put inherent pressure on the more dependent eastern countries (75% in Poland) and could lead to tensions. Even if Germany achieves its goal of producing 80% of its light from renewable sources by 2030, it will continue to rely on imported gas and nuclear power from France to keep its economy running, leading to the European market for Berlin. It will be difficult to oppose the commission. Gas and nuclear power are on the list of sustainable energy, as claimed by France and other countries. Merkel’s government called for nuclear power to be excluded from that catalog on 11 November.

Control of the German finance ministry by Liberal leader Christina Lindner, a staunch advocate of budgetary tightness, could hinder the reform of European deficit and debt rules, which are intended to bolster the post-pandemic recovery and finance the EU’s green transformation. unavoidable, such as France, Italy and Spain’s claim that the German agreement includes restoring the constitutional brake on debt in 2023. This provision limits annual indebtedness to 0.35% of GDP, which equates to 12,000 million euros, a far cry from the 50,000 million per year required for the agreed green transition. German needs may have prompted Lindner to accept greater flexibility in the stability agreement, as he refused to raise taxes.

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