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Saturday, January 19, 2013

Dijsselbloem takes over as head of the euro group

Deutsche Welle, 19 January 2013


Political heavyweight Jean-Claude Juncker steps down after eight years as head of the eurogroup. He is succeeded by Dutchman Jeroen Dijsselbloem. Juncker's humor is likely to be sorely missed.

For a long time, it looked like Germany's finance minister Wolfgang Schäuble was set to succeed Jean-Claude Juncker as head of the eurogroup, the informal gathering of the EU member states who share the euro.

But when Socialist Francois Hollande took office as France's new President after the elections in spring last year, Schäuble's name was dropped: Paris no longer supported the man who is (in)famous in Brussels for his insistence that austerity is the sole cure for the eurozone's economic woes.

The French elections were followed by months of standstill. On one occasion, this even prompted Schäuble to attempt to turn it into a joke with journalists. Personnel discussions were great for food journalists at least, he said, because they dragged on for so long: "At last, you and your colleagues have something to write about."

Dijsselbloem represents austerity

The time of uncertainty is now over. But who is Dijsselbloem?

Experience is not exactly something that the Dutchman has an abundance of, given that he was only born in 1966.

His gelled-back curls give Dijsselbloem a boyish look. The muted colors of his suits contrast with his laid-back appearance. He is a former assistant for the European Parliament's group of his party, the Labor Party. He spent some time at the University of Cork in Ireland for research purposes. And he was only appointed Dutch Finance minister in the autumn of last year.

His European colleagues have had little opportunity to get to know him.

Juncker (r) and Spain's Economics Minister De Guindos (c) in Brussels

But Dijsselbloem, it seems, is already committed to an agenda of strict budgetary consolidation. At his first appearance in Brussels as a minister back in November, he commented on the EU budget negotiations by saying: "In the Netherlands we have to make drastic cuts, and not just in the Netherlands, also in almost every other European country. That's why it would be inconceivable to assume that it can't happen in Brussels."

Irony in four languages

The shoes that Dijsselbloem has to fill are huge. The outgoing President of the eurogroup, Luxemburg's Prime Minister Jean-Claude Juncker, is somewhat of a European legend. He's famous for his comments, that often leave his audience wondering whether he's being ironic or not. A recent example: "Whenever the Germans think nobody's listening, they make inappropriate comments about the size of my country."

His remarks – in German, French, English or in Luxembourgish – have often been moments of relief for weary journalists during many a long night of negotiations in Brussels.

At a press conference last year, Juncker responded to problems with the sound system: "I have ceased to exist, I have never existed, I shall rise again. Here I am!" It's witty remarks like this that many in Brussels will sorely miss in the future.

Multiple tightrope walks

Overall, of course, the last few years have hardly been a laughing matter. They were dominated by the euro crisis – and that's not likely to change in the near future. Consequently, Juncker was faced with the challenge of performing multiple tightrope walks: He had to put pressure on weaker countries to introduce painful cuts and reforms. "Game over!" was Juncker's reaction to Greece's creative budgetary accounting.

But Juncker was also well aware of the strains the population was under. And when calls got louder demanding a Greek exit from the eurozone, Juncker's reaction was prompt and harsh: "I don't envisage – not for one second – Greece leaving the euro area. This is nonsense."

Juncker led the euro zone through difficult times

But he also had to push the more stable countries to show some solidarity, time and time again – without putting them off too much by confronting them with exaggerated demands.

The controversial question of debt mutualization across the euro zone was one where Juncker's skill of political maneuvering became clearly visible. When asked about how much risk German tax payers were facing he delivered one of his typical replies: "You risk the most if you don't risk anything."

But Juncker also made wrong assessments. In November 2010, he was sure that "in the case of Greece, of Portugal and Ireland, in no way will there be – for the period until mid-2013 – a private sector involvement." - Only to admit a few months later that there would in fact be private sector involvement.

As president of the euro group, he had to make sure that the gap between the 17 countries in the currency union and the remaining ten in the European Union didn't widen too much.

Listen and engage with others

There's widespread agreement that Juncker has mastered all the different challenges well. There was little criticism and when it did arise, it was usually targeted at questions of content.

In most cases, Juncker would demonstrate his will to find a compromise. At a committee session a few weeks ago, Hans-Peter Martin, an independent Member of the European Parliament, exclaimed with enthusiasm that Juncker should become the next Commission President. Juncker's reply was a brief "yes" – followed by a quiet grin, that didn't reveal whether or not he was being serious.

During the same session, Juncker initially said he neither wanted to take stock of his Presidency nor give his successor any advice. He then went on to say that Europe was "complicated." And that most people didn't engage enough with other points of view. There was one lesson he'd learned, he said: "Knowing about other people's difficulties is essential to get European projects underway. So here's some advice for my successor: You have to love the others if you want to get by yourself."

When asked about his own future a couple of days ago, the 58-year-old said that after decades of involvement in politics, power had "lost any erotic dimension" for him.

He added that, as Luxemburg's Prime Minister who was no longer at the helm of the euro group, he would now be able to comment on European politics much more freely than before: "You shall hear from me again."



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"The U in Kundalini"- Oct 18, 2012 (Kryon channeled by Lee Carroll) (Subjects: Kundalini, Unification, EU, Nobel Peace Prize 2012, Middle East, South America, Only 5 Currencies on EarthOld Souls, Duality will dismiss, 3D Humanity will melt with Multi dimensional higher self, Global Unity… etc.)


“2011 and Beyond” - What you are seeing, and why - Jan 16, 2011 (Kryon channelled by Lee Carroll) - (Text version)

“…  We told you there'd come a time on the planet when there'd be only five currencies because the continents would decide to put countries together, not separate them. Do you know who was the model? It's the United States. What an experiment you had! Imagine: Could you take many different states that were governed separately, yet didn't have any visible borders, and give them one currency? It worked. It has worked for well over 100 years. Against all odds, it worked.

Fifty years ago, with the end of the last world war, the Europeans saw what the USA did and emulated it. It has become the European Union. After the war, they postulated, "What if we took many of the countries of Europe, ones who have warred with each other since the beginning of recorded civilization, and we unified them? We will take away the borders and give them one currency." They were laughed at! Yet today, you're seeing it.

Today, their monetary system is more valuable than yours! Where am I going with this? Listen - here is an attribute, a postulate, an axiom of this new earth energy: Separatism kills. Unity is the survival of humanity. You will start putting things together and not taking them apart. And the more you put them together, the more you will unify. Then slowly you'll realize that the goal is to put things together, not tear them apart. What has the European Union created? I'll tell you. It isn't the Euro. It has created a group of countries that will never go to war with each other again! They can't. They trade with each other. Think about it. That's what we're talking about. …“

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