Will Angela Merkel succeed in creating a second “Wirtschaftswunder” (economic miracle)?

German

With Germany presiding the European Council in 2007 in combination with presiding the Council of LeadingIndustrial Countries with Russia (G 8) there is perhaps a unique chance to improve European State Finances.

Europe, like never before, and unthinkable a few years back, has been put on the defensive in international competition. Lacking visions for an economic development as well as a definition of its future role in a global world, create a feeling of uncertainty amongst the Europeans.

Germany to assume a special role when EU Council Presidency and Presidency of G8 rest which German Chancellor. Angela Merkel instructing Jose Manuel Barroso, President of the EU Commission, on the direction a European Restructuring of State Finances has to take.

A European Constitution is needed!

It has become clear, that the European Union in its present form is ungovernable.

Restructuring in German Soccer as model for Politics?

He, who has been to Dubai, Mumbai or Shanghai, has experienced frankness, confidence and a sense of awakening. In Europe, on the contrary one can feel resistance, anxiety and a sense of unsure standstill. An awareness and confidence such as prevailing in Asia or the DesertStates could be felt in Germany only during the Soccer World Cup period. The world was surprised by the “restructured” German soccer – a result of determination, enthusiasm and euphoria. Dr. Nicole Essiger-Munk as restructuring expert wishes Angela Merkel the same success during her term as president of the European Council.

Against strong opposition of Soccer Association and Soccer League representatives the German ex-coach of the German Soccer Association Juergen Klinsmann successfully concluded his restructuring program “German Soccer”.

The European Council Presidency is a Test

The European Constitution, questions of energy, next to the strengthening of the European Economic Capabilities are the key issues.

The many years of redistribution and expansion of bureaucracy have weakened the EU. Chancellor Merkel has hit the nail on the head declaring:” We must make money again!”

Europe needs a fully financed Policy for the Future.

The rates of growth of Europe’s global competitors are known, as well as their advantageous locations; also, the scenario of shrinking advantages of European technology and science.Future investments in education, research and innovation will have to be financed by the remaining capital. The spiral of debt cannot be twisted further.

A restructuring of Europe cannot avoid taking a very hard look at the spending policy. Further financing of the horde of bureaucrats and officials must be substantially reduced. To do this the EU requires functioning decision structures. These will have to be built into the European Constitution.

Do Europeans require Russia as their Home Bank?

For Europe and Germany, having no raw materials to speak of, an energy partnership with Russia is of strategic importance. Even openly celebrated misgivings about a Europe oriented policy of Putin’s Russia cannot disguise the fact that the relations and economic exchanges have developed in a very positive way.

With Capital Participation from Russia Europe’s Restructuring would be much easier.

German Chancellor Angela Merkel and the Russian President Putin discuss “Strategic Partnership”. Germany and Russia are the locomotive of a “Pan-European” integration.

Instead of bedevilling foreign, particularly Russian investors, politicians should better take a look at hard industrial facts. Participation is an open sign of common interest and trust and a preparation of the ground for further co-operation.

When will the G8 realise that they have to open up for China and India?

German and European politicians persist in meddling into questions that can only be answered by the markets. The example of EADS, the European aircraft and aerospace group illustrates what a forced feeding with the European virus of insolvency and subsidy can create. Again a growth industry, such as EADS, by means of politically sponsored mismanagement has been administrated into near insolvency.

	The G8 meeting at the Konstantinovsky Palace in St. Petersburg, the former seat of Government and “Secret Capital” of Russia. Zar Peter the Great built this beautiful residence in  the 18th century. In front of it the following heads of State have assembled: the Prime Minister of Italy Romano Prodi, Chancellor Angela Merkel, the British Prime Minister Tony Blair, the French President Jacques Chirac, The Russian President Wladimir Putin, The US President George W. Bush, the Japanese Prime Minister Junichiro Koizumi, the Canadian Prime Minister Stephen Harper, the Finnish Prime Minister and former President of the EU Council Matti Vanhanen together with the President of European Commission Jose Manuel Barroso.

Europe needs the creation of Capital by Worldwide Participation – Exclusive Free Trade Zone with USA is a somersault backwards.

As a cure for the demands of Globalisation since 10 years the exclusive “Transatlantic Free Trade Area” (TAFTA) is being praised. The creation of the European – American exclusive market is also being favourably discussed in the corridors of Angela Merkel’s administration as being a “Great Future Project” of the EU. However, it is more than questionable, that the USA will remain the centre of the world markets. The EU would be well advised instead of pursuing – jointly with the USA – a retrogressive policy, rather than to co-operate world wide with all economies. The competition for resources, energy, markets and jobs requires full concentration on these essential issues. The chances for Europe now and in the future lie also in participation in the booming markets of the BRIC states.

The Experiment, discussed publicly with gusto, to isolate the future economic heavy weight, India and China cannot be our aim.

In a restructuring concept of the Forum of Science for Insolvency Management and Restructuring Russia, India and China are strategically included in a restructuring plan. The combination of the Presidency of the European Council and the G8 should give Germany the unique chance to initiate a concept of enthusiasm and sympathy for Europe. There is nothing better for our young people than to accept invitations to compete on growing markets go there to earn and make money and bring back to Europe new ideas and influence. The critics and “doomsday merchants” still owe us the answer how else – if not on the world market – and without our own raw materials can we generate the growth of capital for Europe’s future.