Approval of Netherlands application for statehood not likely

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Approval of Netherlands application for statehood not likely

Rise of Eurosceptics in Netherlands Prompts Serious Discussion of "Nexit"

Eurozone exit talk first started with “Grexit” (Greece exit). It progressed to “Spexit” (Spain exit), and now talk centers on “Nexit” (Netherlands exit).

Before anyone else claims the names, let me propose “Frexit” and “Fexit” (France exit) as well as “Sexit” a sexy sounding alternative for Spain Exit.

So far the “exit” scorecard remains on zero, but eventual exits are likely. No one can be assured of the timing or catalyst, but eurosceptcism is on the rise in a huge way.

Nexit?

In the Netherlands, opposition leader Geert Wilders outlines case for a Dutch ‘Nexit’ from the EU.

Geert Wilders, leader of the far-right Freedom Party (PVV) that is leading in Dutch polls for May’s European parliament elections, presented a study on Thursday that claims the Netherlands would be better off if it left the EU and he urged voters to support his call for “Nexit”.

The study, by the consultancy Capital Economics, claims the Dutch economy would quickly emerge from its sluggishness to brisk growth, generating billions of euros – or new Dutch guilders – in fresh revenues for debt-laden households.

Mr Wilders is one of a handful of populist leaders in the EU – including Marine Le Pen in France; Nigel Farage in Britain and Alexis Tsipras in Greece – whose sharp anti-Brussels rhetoric has helped push them into either first or second place in public opinion polls ahead of May’s Europe-wide vote.

The Netherlands is one of the founding members of the EU, and has long been seen as a core supporter of a more integrated Europe. Yet public opinion polls reveal growing support across the country for a renegotiation of powers with Brussels over a number of policy areas, including access to domestic welfare for other EU citizens.

Mark Rutte, Dutch prime minister, in June presented a list of 54 competencies that should remain with national governments rather than be given to the EU, a plan many in Brussels have viewed as the Liberal premier’s attempt to fend off the challenge from Mr Wilders.

“Nexit means that we no longer have to pay billions to Brussels and weak southern European countries,” added Mr Wilders. “We can save billions by liberating ourselves from EU regulations. We can end the mass immigration and stop paying welfare checks to, for instance, Romanians and Bulgarians.”

Mark Pragnell, one of the authors of Capital Economics’ report, said the Netherlands would be significantly richer if it left the EU and the single currency, despite a short period of volatility.

Capital Economics, a London-based economic research firm, has become a leading voice for eurozone break-up, last year winning a £250,000 prize from a British think-tank for its proposal on how to end the single currency.

What’s the Point?

Financial Times columnist Gideon Rachman asks What’s the point of calling for a Nexit?

Wilders is after the protest vote, and he will get it – just like Marine Le Pen’s National Front and the UK Independence Party of Nigel Farage. All three movements have an excellent chance of topping the polls or at least upsetting the political apple cart in their respective countries.

Here lies the significance of Wilders’s call for “Nexit” – or Dutch exit from the EU. As an economic argument, it does not stand up at all: the Netherlands is so deeply integrated into the eurozone and the EU single market that Nexit makes no more sense than “Brexit” for the UK or “Grexit” for Greece.

Bias, Irony, and One Size Fits All Silliness

One can stop reading right there understanding full well the extreme bias in what Rachman wrote. Given that Rachman is a columnist and not a news reporter, bias is to be expected.

But please note the extreme irony in his statement: Nexit makes no more sense than “Brexit” for the UK.

The fact of the matter is that “Brexit” happens to make perfect sense of the UK.

There is not going to be a two-speed EU with some countries in the Eurozone and others not. One is going to be either in or out. Sitting on the fence forever won’t happen. Neither French president Francois Hollande nor the UK liberals will allow that.

The moment the UK fully commits to the eurozone, all kinds of financial stupidities are bound to happen, including financial transaction taxes that are bound to cripple London. Moreover, the UK would be subject to the “one size fits Germany” interest rate policy of the EU.

A valid (albeit clearly out of context) interpretation of Rachman’s statement is as follows:”Nexit makes sense, because Brexit makes perfect sense“.

Mike “Mish” Shedlock
http://globaleconomicanalysis.blogspot.com

Mike “Mish” Shedlock is a registered investment advisor representative for SitkaPacific Capital Management. Sitka Pacific is an asset management firm whose goal is strong performance and low volatility, regardless of market direction. Visit http://www.sitkapacific.com/account_management.html to learn more about wealth management and capital preservation strategies of Sitka Pacific.

Mish’s Global Economic Trend Analysis

Rise of Eurosceptics in Netherlands Prompts Serious Discussion of "Nexit"

UFO Fleet Spotted Over Amsterdam, Netherlands

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UFO Fleet Spotted Over Amsterdam, Netherlands

Dutch FM: Gays in Russia not prosecuted, don’t need asylum in Netherlands

Dutch FM: Gays in Russia not prosecuted, don’t need asylum in Netherlands
http://isbigbrotherwatchingyou.com/wp-content/uploads/2013/11/ce621__netherlands-minister-russia-gay-asylum.si.jpg

Published time: November 10, 2013 18:32

AFP Photo/Raul Arboleda

Gays in Russia are not prosecuted and, thus, there are no grounds grant them asylum in the Netherlands, the Dutch foreign minister said in an attempt to clarify a previous statement perceived as an offer of asylum to Russian homosexuals.

Foreign Minister Frans Timmermans said his previous statement was misinterpreted.

Earlier this week, Timmermans sent a letter to his country’s parliament, in which he was reported as stating that Russia’s law banning homosexual “propaganda” that could be viewed by minors was a violation of human rights and that individuals facing persecution under that law should be considered as asylum cases in the Netherlands.

However, on Sunday he disavowed the statement.

“First of all, I’ve never said this,” Timmermans told RIA Novosti in an interview. “I answered… parliamentary questions in the written form. And in my answer I said in general terms, it didn’t pertain to Russia specifically, that if homosexuals are prosecuted, they are in a position to ask for asylum in the Netherlands,” he explained. 

Foreign Minister Timmermans pointed out that as of today, LGBT activists in Russia “are not being prosecuted”. He then added that his written briefing to the parliament “was a generic answer to a generic question”.

Timmermans thanked the media for what he said was “an opportunity to clarify” the situation, once again stressing that his statement was not “directed at Russia”.

The so-called anti-gay propaganda law was enacted on June 30, when it was signed by President Vladimir Putin. It’s an amendment to the law “On protecting children from information harmful to their health and development”. The legislation caused outrage in Russia and abroad with protesters claiming that the law is a crackdown and discrimination against LBGT activists. Supporters insisted the law was not about punishing people for being homosexual, but rather to keep minors from being influenced by non-traditional sexual relationship propaganda.

RT – News

Read more about Dutch FM: Gays in Russia not prosecuted, don’t need asylum in Netherlands and other interesting subjects concerning NSA at TheDailyNewsReport.com

Triangular UFO over Amsterdam, Netherlands on 10/28/2013

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Netherlands apologizes over Russian diplomat arrest

Published time: October 09, 2013 13:36

The Netherlands have apologized before Russia for the detention of a its diplomat, which violates the Vienna Convention on Diplomatic Relations, the Dutch foreign ministry said.

Minister-counselor Dmitry Borodin said he was badly beaten by unidentified men in camouflage uniform who forced their way into his flat in The Hague on Saturday evening. He was then taken to a police station and held for a number of hours without any explanation. 

Borodin went on to say that the men did not produce any official documents showing they were policemen. Moreover, the men ignored Borodin when he said he was a diplomat.

DETAILS TO FOLLOW

RT – News

Netherlands apologizes over Russian diplomat arrest

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