- 09-07-2012, 19:39 #541
- 09-07-2012, 20:06 #542
If power is transferred to the centre and lets say this power harmonised the retirement age across the Eurozone at 65 what would the likely reaction be?
If a fiscal union with central decision making and implementation powers is to be a reality these these questions will have to be faced. This is after all what these summits are edging towards albeit at a snails pace!
If the retirement decision is not taken well in some states (I can't see the Germans getting to upset about it) whose army will they use to keep order?Quis custodiet ipsos custodes!
- 09-07-2012, 20:07 #543
- 09-07-2012, 20:12 #544
- 09-07-2012, 20:21 #545[SIGPIC][/SIGPIC]
- 09-07-2012, 20:36 #546
- Join Date
- May 2010
With your master conclusion that ``the only way to go is a democratically & directly elected parliament`` you have clearly either forgotten or overlooked the simple fact that there has already been a formula for democratically & directly electing a European parliament, which has been in existance, in one guise or another, which we`ve all been paying for, since the 10th of September 1952 !
So, as far as that solution is concerned, it does`nt look like there`s been much progress on bringing that forward for 60 years. I know, in the meantime everybody forgot the overpaid low grade clerks, promoted beyond their ability, were even there !
Last edited by school_for_scoundrels; 09-07-2012 at 20:39.
- 09-07-2012, 20:42 #547
My French neighbor is obliged to retire from the ONF (National Forestry Office) at 50. Cutting down trees and schlepping wood presumably gets a bit harder then.
He intends to go into handicapped home help care, with arms like Popeye he can help folks into bed/bath etc - earliest state pension is 55 (and its a small one then).
- 10-07-2012, 08:22 #548
- Join Date
- Oct 2004
- Gods Waiting room
the society of motor insurers sets general policy guidelines and if they want to price under 25s and over 60s of the road in white vans they will quite simply.
It was on rip off britain about similar tricks last month!"I'd rather be a tired old Has been, than a tired old Never Has Been!!"
"If the women don't find you handsome, they should at least find you handy."
Semper in excremento sum, solum profunditas mutat
According to Ispeakcrabandpongo "Typically Island Ape Brits," That suits me!
- 10-07-2012, 08:41 #549
- Join Date
- Jan 2010
Meanwhile, back on Planet euro....
Eurozone ministers agree
Spain has just got a immediate €30bn for its banks - and I'll bet there's more to follow.
European finance ministers have agreed on the terms of a bailout for Spain's troubled banks, saying that €30bn (£24bn) can be ready by end of this month.
As part of the agreement with Spain, finance ministers from all 27 European Union countries are expected to approve a one-year extension – until 2014 – of Spain's deadline for achieving a budget deficit of 3%.
Spanish and Italian leaders pleaded for ECB intervention to stop yields spiralling out of control. “At this moment the only institution that has enough money to act is the ECB. The ECB should start massive purchases of public debt,” said Spain’s foreign minister, Jose Manuel Garcia-Margallo. Italy’s premier, Mario Monti, said market mayhem was obstructing the “the transmission of monetary policy”, the code term used by the ECB to justify intervention.
The yield on benchmark 10-year debt has fallen below the 7pc danger/alarm bells/panic level to 6.918pc, while Italy's borrowing costs have also fallen to 6.029pc.
- 10-07-2012, 10:29 #550
- Join Date
- Apr 2005
Currently the retirement age in Germany is 67. I expect to have to work until 70, which will be in 25 years time. As for the aging and decreasing population, we have to make up our minds to either increase retirement ages or to set up a proper immigration system, which will give working visas to people with useful professions (not like the current lala system, where it is officially denied by the right that Germany is an immigration country, so no regulated system, but on the other hand every undesirable can come here under the asylum provisions in the German constitution. E.g. my Sierra Leonian ex, who was a welfare sponge, got in (fortunately she moved to the UK after we split, she has family there and only used Germany as a stepping stone.), but my current Filipina Missus (for the last 12 years) would not have been allowed to work here in her profession as a nurse unless I married her, even though we have a shortage of nurses. Now, since she became naturalised Irish a few months ago she could, but by now she has reached a managing position in Ireland and wouldn´t want to start all over again in Germany.