German president defends EU, criticizes Brexit

German president defends EU & criticizes Brexit

Editor: Vlad Rothstein | Tactical Investor

Random Thoughts

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‘Naive and irresponsible’ German president  Steinmeier rips into Brexit

Praising the crumbling bloc he attacked populism and vowed Germany will stand up for Europe branding the EU a “precious legacy we should not let go, we must improve it”.

The German president was quick to criticise Brexit in his opening remarks just hours after his colleague German foreign minister Sigmar Gabriel today cast doubt on a future EU-UK trade deal.

 “I am delighted to be here today but my joy is not unclouded. It is a bitter thing to address this plenary for the first time just after a member state has begun its withdrawal from the EU and I know tomorrow you will be adopting your position on this in this Parliament.”

“I find this a bitter thing, not just as a politician but as a citizen of Europe.”

“Take back control is a strong slogan we hear everywhere. Nationalists will be unable to deliver it…We are not losing sovereignty in Europe we are gaining strength through it.”

“Like many people over the last few weeks I admit: Yes, I want Europe!” German President Frank-Walter Steinmeier in #EPlenary pic.twitter.com/0nJ6Qx08tX

— European Parliament (@Europarl_EN) April 4, 2017

“It is irresponsible to lead people to believe that in a world that is becoming more complex that the answers are becoming more simple.

“It is irresponsible to say that in this world, a European country alone and without the EU can make its voice heard or its economic interests.  Full Story

And on a different note

Merkel avoids government collapse over immigration but faces deadline

Bavaria’s Christian Social Union (CSU), anxious about losing votes to a new right-wing party in an October regional election, wants a ban on admitting migrants into Germany who have already registered in another EU country. Merkel opposes such a ban.

US President Donald Trump, defending his own tough anti-immigrant polices, waded into Germany’s debate on Monday with a series of tweets criticising Merkel’s open-border policy as a “big mistake” that had fuelled crime in Europe.

The CSU leadership agreed at a meeting in Munich to delay introducing their entry ban until after a 28-29 June EU summit, allowing Merkel time to seek an EU-wide solution.

“The people of Germany are turning against their leadership as migration is rocking the already tenuous Berlin coalition,” he wrote. “Crime in Germany is way up. Big mistake made all over Europe in allowing millions of people in who have so strongly and violently changed their culture!”

Overall, crime in Germany is at record lows, though recent immigrants have contributed to increases in certain categories of crime. Polls show Merkel and her coalition enjoy broad support among voters. Full Story

 

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