<TRANSLATION THREAD>
So POLITICO has tried to pull a fast one on Macron's comments, as per usual.
Here's what the President of France *actually* said about America and China. As translated by me, a professional translator of 25+ years experience. https://t.co/uj5aws4uCv
Interesting to see how Politico's editorial masters back in America view the task of its Brussels arm: "a relentless pursuit of corruption, malfeasance, and absurdity in the heart of Europe". The kind of tone one expects from the Daily Mail... https://t.co/Ldzeb9cdBo
An American media in Europe campaigning against Europeans taking steps to defend themselves against US trade protectionism.
Very problematic angle here.
A 19h, j'accueille @lacomeuropeenne et @EuropeInto pour discuter de l'actualité européenne, de memes et de tout ce qui nous passera par la tête !
Rejoignez notre séance de thérapie collective !
👉https://t.co/DVDGPz17Az
#EUTwitch
Deutsche Bank is warning of German deindustrialization as a result of the gas crisis. Unlike in the US or UK, there is no world leading financial, service or digital sector to fall back on. The gas question is the question of the future of this economy.
@LianaFix@kielinstitute What this fails to account for is that the costs of the war are primarily born by European countries, who as you might recall are in the midst of an energy crisis because of their support for Ukraine. Meanwhile US can kick back, relax and sell its gas to Europe at record price.
Important development on EU fiscal response to the energy crisis. Germany might now make a U-turn and support joint issuance of EU debt to provide loans to countries in need. We at @Bruegel_org will publish tomorrow a piece discussing this key topic.
https://t.co/CR8ImTRyWK
This is THE PROBLEM that everyone in the #EU should be talking about. The people who are leading us are basing their decisions on perspectives and values that aren't our own.
The EU needs a public debate that isn't moderated from across the Channel or the freakin' Atlantic.
The EU has proposed a 180 €/MWh revenue cap for generators this week.
I just learned of the first investment project being stopped as a consequence.
(A retrofitted oil-fired peaker)
Spain rejects EU proposal to cut gas consumption by 15% with a jibe that was overused by Merkel officials during the eurozone crisis: "Unlike other countries, we Spaniards have not lived beyond our means from an energy point of view" https://t.co/CMqhFVUN5S