Monitor The Strategic Trends
The European Union has steadily moved forward in its attempt to unite Europe politically and economically. It has succeeded in creating a European parliament, a court and, in the near future, a common currency.
[READ THE FULL INTRODUCTION]
A European Perspective on Our Debt Crisis March 05, 2013
Turkey Not So Hot On EU Membership November 27, 2012
Soccer and the G-8's Greek Quandary May 22, 2012
Croatia Votes To Join Troubled European Union January 24, 2012
The G-20 Summit Ends In An Ermph November 08, 2011
The 2nd Annual KI Conference: Strategic Perspectives II by Chuck Missler
European Union Update: Poland's Balancing Act by Chuck Missler
The New Challenges: Europa Rising: Part IV by Chuck Missler
The 'New Europe' Arises Europa Rising: Part III by Chuck Missler
Profiles in Prophecy Series: Europa Rising: Part II by Chuck Missler
**ADDITIONAL DOCUMENTS AND LINKS**
Note: These links are provided for your further research and education. Koinonia House does not necessarily agree with the information on these sites or support the specific organizations.
Draft of European Union Constitution - The Constitution, and law adopted by the Union's Institutions in exercising competences conferred on it, shall have primacy over the law of the Member States.
Maastricht Treaty -
Council of the European Union -
European Union News - Yahoo Full Coverage
Euro and the European Monetary Union - Yahoo Full Coverage
European Union Center of California -
Cyprus Has Been Bailed Out — Nyeht, Nyeht! - Authorities from Cyprus and the so-called troika of international lenders – the European Commission, the European Central Bank and the International Monetary Fund – reached agreement on a bailout loan for the country of up to 10 billion euros.
Hungarian Jews Fleeing Into Austria - The leader of Vienna's Jewish community says anti-Semitism in Hungary is causing an influx of Jewish
immigrants to Austria. Oskar Deutsch said he was pleased people were coming, but that the circumstances
forcing Jews to leave Hungary were deeply troubling. Austria's Jewish community numbers approximately 8,000
people and is being joined in recent years by some 150 families annually fleeing from Hungary.
IMF Warns About Public Debt - The International Monetary Fund (IMF) has warned that the public debt in developed countries stands at "wartime levels" and poses a major threat to the global economy.
"Without growth, the future of the global economy is in jeopardy, and perhaps the greatest roadblock will be the huge legacy of public debt, which now averages 110 percent in advanced economies, pretty much wartime levels," said IMF Managing Director Christine Lagarde at the annual meetings of the International Monetary Fund and the World Bank in Tokyo on Friday.
"And this leaves governments highly exposed to subtle shifts in confidence," she added.
Germany Enjoys High Trade Surplus, Urged To Invest - Germany could register the world's largest trade surplus of up to 200 billion U.S. dollars in the fiscal year of 2012, a report by the Paris-based OECD showed on Monday.
The overall advantage of the competitiveness and quality of German products exports remained intact against the chronic eurozone debts crisis, and its trade surplus would continue to increase - bolstered by the weakening euro exchange rate and falling commodity prices, according to Volker Treier, foreign trade chief of the Association of German Chambers of Industry and Commerce (GCIC).
The OECD report, meanwhile, advised Germany to address its trade imbalance by increasing its overall investment.
"The investment rate in Germany is lower than in other major industrial countries," said Andreas Worgotter, an OECD expert on Germany.
Greek and Spain's Youth Job Crisis - Official figures last week showed eurozone youth unemployment worsened in May, with 3.4 million under-25s looking for jobs, an increase of 214,000 from the previous month.
Employers are creating fewer entry-level jobs and young people are increasingly shut out of the labor market. Katerina Rudiger, skills adviser at the Chartered Institute of Personnel and Development, adds Greece has a real problem of "underemployment", with young people "stuck" in low-paid, temporary jobs because of the inflexibility of the labor market.
"Older people in Greece tend to leave jobs less; if you've got a job you don't move because there's no flexibility," she says. "It used to be in Europe that you had a degree, you'd get a job. But that's not the reality anymore." This could explain many young Greeks and Spaniards are reluctant to accept temp jobs, as Rudiger says they often don't lead to higher-paid work and can "trap" people in low earnings for life.