German EU Commissioner: Flags of Debt-Sinners at Half-Mast

It is unbelievable what kind of Harry-Potters take decisions for our lives in Brussels. It is incredible to hear such proposals by people, misguided from their real purpose in life,  they checked the Politics Box in My-Dream-Job surveys , instead the one “Milking Cows”. This time it’s EU Commissar for Energy, German Guenther Oettinger proposing that the flags of EU-member countries should be set at half mast, if the countries have debts.

Speaking to yellow press BILD newspaper (ohohoh), Oettinger, member of Merkel’s Christian Democratic Union, said: “That the flags of debt-sinners should be at half mast at the EU buildings. That should be just symbolic, but it would have a deterrent effect.” (BUH!).

Scared almost to death, I try to gather the rest of my remaining strength and translate a bit more of Oettinger’s interview. As my hands are shaking and my mind has dried out, I manage only to copy paste to Google translate and here is the result:

: Commissioner Oettinger, Greece does not get its debt under control. Athens must get out of the €?

€ crisis
 
Anti-euro lawsuit, the struggle of Chancellor Merkel to the € €-speech Good Day for our money € Crisis Merkel: We must not fail Guenther € Oettinger1 1EU by Energy Commissioner Günther Oettinger (57, CDU) since February 2010 EU-Commissioner (term expires 2014). Responsibility: energy. It is intended to ensure a secure energy supply for Europe, for example, organized develop pan-European electricity networks. Prior to his Brussels office Oettinger was 5 years prime minister of Baden-Wuerttemberg was, 26 years on the state parliament. He lives with his partner Friederike Beyer (33) in Brussels.
more … Günther Oettinger: “No, that divides Europe and would be a devastating blow. It would give the impression that the EU has not even been able to stabilize a relatively small country. Then we would no longer trust creditors and markets in the future. ”

BILD: How to solve the debt dilemma Athens?

Oettinger: “One problem is obviously inefficient administration in Greece. The authorities do not manage to collect outstanding taxes or to sell state-owned. It would be best if qualified officers working from the other EU member states for consideration and implementation of management for an extended period in Greece. They could act without regard to resistance and stop the routine. Who demanded solidarity from other states, must also be willing to cede some of the responsibility for time. ”

PICTURE: The EU threatens countries with debt-sanctions, but it has never been used …

Oettinger: “I doubt whether the proposed sanctions so far are really purposeful. It makes little sense to threaten a state with fines if he does not meet the debt criteria can again. One can not but draw a naked man in the pocket. In the end, even by increasing the debt, and the other countries pay over the bailouts also sanctions. ”

BILD: What do you suggest?

Oettinger: “It makes sense would be measures for which governments must justify to their citizens. These include, for example, that countries must give their time on budgetary sovereignty to the EU. That would be a real imposition on any government and would slow down excessive debt. One can also think about other unconventional ideas. There are also proposing that the flags of debt sinners before the EU to put buildings at half-mast. That would be just a symbol, but would have a high deterrent effect. ”

PICTURE: Could € Bonds solve the debt problems?

Oettinger: “Euro Bonds would be to solve the current problems the wrong way. But I am fighting against it, they exclude for all time. There may be situations in the future, in which the common bonds of the euro countries the right solution might be for state funding. Therefore, I advise my party, not flatly reject Euro Bonds. ”

IMAGE: Across the EU, the growing debt levels. Do you fear that?

Oettinger: “The debt of EU countries are enormous indeed high. Greece, with its 370 billion makes up only a vanishingly small part. The EU countries earn a year 12 000 billion euros, but 10 have 500 billion euros of debt. So the debt is at 85% of the total economy. Germany is precisely in this intersection. There are so many countries in the EU, which are better than Germany and less debt. In general: This is no longer financially viable. We must tell the citizens clear: The political model of the western world, with ever-increasing prosperity mountains of debt finance, is over. “

 It doesn’t make much sense? Oh, I’m sorry! I summarize: He said that Greece has insufficient administration, that qualified personnel from EU countries should move to Athens and implement the administration.

Oettinger and Bild: populists among themselves. We had this recently too, didn’t we? Oh yes, we had it with Merkel’s CSU Partner.

Here is the link to the original text, in case you read and understand German.