German Tycoons Want The Cake And Eat It Too

By Julio Godoy* | IDN-InDepth NewsAnalysis

BERLIN (IDN) – Several recent economic news from the Eurozone illustrate the way the German industry bosses want to have their cake and eat it too: As the German federal statistical office (Destatis) informed earlier in December, the country’s export reached a record of some 100 billion euros, some 135 billion U.S. dollars, the highest amount ever measured in a month.

This record followed another – of surplus in the German trade balance – of more than 20 billion euros, beating the top score of June 2008 by more than one billion, as the Destatis stated in a press release on November 8, 2013.

Swiss Aid Helps UN Agencies Ban Hunger

By Richard Johnson | IDN-InDepth NewsAnalysis

GENEVA (IDN) – The Swiss Agency for Development Cooperation has come up with a Christmas and New Year gift that has the potential of feeding some 2 billion people around the world. The international cooperation agency, based in Berne, is placing $2.7 million at the disposal of three United Nations agencies – the Food and Agriculture Organization (FAO), the International Fund for Agricultural Development (IFAD) and the World Food Programme (WFP) – to launch a joint project to tackle the global problem of food losses, beginning with pilot programmes in Burkina Faso, the Democratic Republic of the Congo (DRC) and Uganda.

Nicaragua and Europe Strive To Deepen Ties

By Peter Tase* | IDN-InDepth NewsAnalysis

MILWAUKEE, Wisconsin (IDN) – Over the past three years, Nicaragua has been trying to deepen ties with major European Union countries, paying special attention to the establishment of various sustainable development initiatives.

Nowhere is the strategy more apparent than in Foreign Minister Samuel Santos’ visit to Brussels and Strasbourg in December of 2010, where he secured financing from the European Commission for the Nicaragua Education Project (PROSEN) and funding for anti-dengue and rural public health campaigns from Luxembourg.

Arab NGO Network Criticises EU Policies

By Richard Johnson | IDN-InDepth NewsAnalysis

BRUSSELS (IDN) – The Arab NGO Network for Development (ANND), a regional network, working in 12 Arab countries with seven national networks, has criticised the 28-nation European Union’s response to democratic transformations in the Arab Region.

The EU had launched a set of initiatives to support transitions in the Arab region, thus reassessing its previous policies, “which turned a blind eye to dealings with authoritarian and repressive regimes and sacrificed the values of freedom and democracy in order to maintain security and stability and energy resources”, ANND said in a statement.

Whither Post-Wall Europe – and Germany?

By Ramesh Jaura | IDN-InDepth NewsAnalysis

BERLIN (IDN) – Europe is the world’s richest region. Together 28 countries constituting the European Union (EU) are the world’s largest market. EU and its member states provide 56% of about $130 billion global official development assistance. Precisely this obliges Europe not to stay bogged down in ongoing financial and identity crises but accept its international responsibilities wholeheartedly.

This was the upshot of a landmark speech by the European Council President Herman Van Rompuy on November 9, the very day the Berlin Wall fell in 1989, 28 years after it was erected to reinforce post-war division of Germany and Europe. The day was “perhaps the most important tipping point, not just for Germany but in our recent European history,” he said.

EU Must Grant Asylum To All Eritrean Refugees

By Mirjam van Reisen* | IDN-InDepth NewsViewpoint

BRUSSELS (IDN) – The tragic loss of some 300 refugees off Lampedusa on October 3 gives public focus to the harsh and cruel reality facing thousands fleeing insecurity and oppression in the countries of their birth. A boat which traveled from Libya caught fire in close reach of the Italian coast. There were some 500 Eritreans on board, but only 147 were rescued according to media reports.

Kudos and Critique for France’s Aid Policy

By Richard Johnson | IDN-InDepth NewsReport

PARIS (IDN) – While commending France for its commitment to aid, its overall development strategy and its engagement at the global level to promote it, including innovative financing, an OECD review has urged the government “not to compromise its ability to help reduce poverty in poor and fragile countries.”

It also calls upon France “to do more to support civil society organisations and gender equality and to build stronger capacity for developing countries to manage their own futures.” The country could also do more to monitor the results of its development efforts, says the Review of the Development Co-operation Policies and Programmes of France, which is available only in French.

Banks Count Ten Times More Than Europe’s Youth

By Roberto Savio* | IDN-InDepth NewsViewpoint

ROME (IDN | Other News) – Youth At the last summit of European heads of state in Brussels, the main theme was youth unemployment, which has now reached 23% of European youth (although it stands at 41% in Spain). Last year, the International Labour Organization issued a dramatic report on ‘Global Employment Trends for Youth 2012’ in which it spoke of a “lost generation”.

Inequities and No Jobs Worry Europeans

By Jaya Ramachandran | IDN-InDepth NewsAnalysis

PARIS (IDN) – A new poll finds that Europeans are growing dissatisfied with the inequities of the economic system, which are also rooted in the “still rising unemployment” that, as the OECD’s Chief Economist Pier Carlo Padoan avers, present “the most pressing challenge for policy makers” in the euro area.

The euro area consists of 17 members of the 27-nation European Union: Austria, Belgium, Cyprus, Estonia, Finland, France, Germany, Greece, Ireland, Italy, Luxembourg, Malta, the Netherlands, Portugal, Slovakia, Slovenia, and Spain.

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