It’s TTIP, All Right

It’s TTIP of your normal-everyday-hysterical-German-anti-American iceberg.

TTIP

“All this enters the debate, but it surprises me a bit that the resistance is so strong in a country like Germany, where the benefits will be the greatest.”

The most controversial element of TTIP is a plan to let companies have legal disputes with governments heard by supra-national tribunals, which campaigners say would undermine national sovereignty and favour big business.

The so-called investor-state dispute settlement, or ISDS, allows firms to sue national governments if they feel that local rulings — such as health and safety regulations — violate the trade deal and threaten their investments.

The courts are a critical issue for US negotiators, who underline that these types of panels have existed for decades and are already included in thousands of trade deals worldwide, including about 400 in Europe.

„Dabei ist es geradezu bizarr, dass die Debatte in Deutschland so aufgeheizt ist: Schließlich profitiert kein Land so stark von TTIP wie Deutschland.”

Ultra-Safe German Government Debt?

It’s good to be the king. Isn’t it?

King

More than half of all German government debt with more than one year maturity is now trading negative.

Investors have been warned of dangers of holding German government debt, as unprecedented central bank easing sends the country’s 10-year borrowing costs towards zero.

“If you look at bunds in anything other than the shortest possible timescale, the risk becomes very clear.”

This Just In: Germany Suddenly Owes Greece $305 Billion For World War II

Or at least that’s what the Greek parliament just figured out.

Reparations

However, Italy also suddenly owes Greece $216 billion for its invasion in 1940, too, they said.

After that you’ve got the Ottoman Empire owing the Greeks $197 billion for, well, for being Turks.

Then the Roman Empire will also still need to shell out an additional $116 billion for those nasty Macedonian wars.

And then, of course, Iran will have to step up and pay Greece $97 billion for the ugly Persian Invasion back in 484 BC.

This will still leave Greece with a humungous debt, of course, the parliamentarians noted, but nothing that another little loan from their friends in the European Union won’t fix.

This Is News?

Germans found to be Europe’s most aggressive drivers

Driving

Tailgating, shouting insults – nowhere in Europe do drivers react as intensely as they do in Germany, a recent study shows.

Two out of three (67%) admitted to using offensive gestures, and verbal abuse, to insult other drivers.

More than one-third (34%) said they purposefully follow close behind, or otherwise annoy drivers, in order to intimidate them.

PS: Oddity 125. Fun German Games you didn’t know you were participating in: Tailgate Tag. Germans love to drive up to within just a few inches behind the slower moving cars on the left lane of the autobahn and bully them over to the right.

To Russia With Love

I mean with debt. Go with God, Greece, but go (to Russia for more dough). I’m sure they’ll make you an offer you can’t refuse.

Russia

Greece’s energy minister is visiting Russia today after calling for a confrontation with a “Germanised Europe” in the country’s stalling bailout negotiations.

The visit comes less than a fortnight before Greek prime minister Alexis Tsipras is due to visit Russian president Vladimir Putin, the date of which was reportedly brought forward because of Greece’s financial disputes with the European Union.

“Today, it becomes even more evident to me that the pathway of the country away from the crisis goes through tough confrontation, if not collision, with the Germanized Europe.”

It’s Not That We’re Too Strong

The rest of you guys out there in Europe are just too weak. Like start doing more push-ups or something.

Germany

German dominance is in part a consequence of others’ retreat. That may be why complaints have been muted. “If the Italians don’t bring pasta and the French don’t bring pâté,” says a diplomat, “you can’t complain about Mrs Merkel’s cabbage soup.

PS: And speaking of getting stronger, you folks over at the FDP should learn to smile a little already. Polls indicate that you’re back over that magical 5 percent line and could get back in the saddle again – if elections were to be held today.

German-Greek Tensions Ease After First WWII Reparations Payment Rolls In

European politicians everywhere breathed a collective sigh of relief as a mentally challenged German couple holidaying in Greece made the first ever private WWII reparations payment of $935 to Greece to make up for their government’s bad and nasty attitude.

Übermacht

Spokesmen for Brussels and Berlin were quick to point out that this shows how private people with good intentions can also “burn up money like nobody’s business” and how “like you shouldn’t always point your finger just at us when we squander away our dough. Your dough, that is. You’re pretty good at this, too.”

“They made their calculations and said each German owed 875 euros for what Greece had to pay during World War II.”

A New Axis Of Evil Or Something

It’s not just Germany hurting Greek feelings anymore (although the Germans are still evil, too).

Tsipras

The Greek government is now accusing Spain and Portugal of conspiring against it, as well. It’s a conspiracy, you see, because these two countries are willing to carry out the stringent reforms needed to get their economies going again. Greece clearly is not.

Greece’s leftist Prime Minister Alexis Tsipras accused Spain and Portugal on Saturday of leading a conservative conspiracy to topple his anti-austerity government, saying they feared their own radical forces before elections this year.

How much longer is this show going to go on?

“Nach europäischen Maßstäben war das ein sehr ungewöhnliches Foulspiel. Das tun wir nicht in der Euro-Gruppe, das gehört sich nicht.”

Germans Confused Why Everybody In Europe Wants TTIP Except Them

It’s like I say, folks: A real German says no first and asks questions later (that was oddity 255, if you’re interested). And if US-Amerika is involved in the calculation (see TTIP), all bets are off.

TTIP

“The EU has published a survey according to which citizens are downright euphoric about the free trade agreement TTIP. In all, 25 Member States [of the 28] there will pour sheer enthusiasm over the completely secretly negotiated agreement, but for one small exception: Germans are mostly against the TTIP.”

Die EU hat in Deutschland einen merkwürdigen Zusammenhang zwischen der Befürwortung von TTIP und der „Demokratiezufriedenheit“ der Bürger ausgemacht. In anderen Ländern lasse sich ein solcher Zusammenhang nicht feststellen.