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Accueil arrow newsitems arrow Mnuchin US Interest Rate move Natural, says French Finance Minister Sapin to EF, at G20

Mnuchin US Interest Rate move Natural, says French Finance Minister Sapin to EF, at G20

Ecrit par ACM
Friday, 17 March 2017
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*Baden-Baden/G20/Angelo Marcopolo/- French Minister of Finance, Michel Sapin, speaking to "Eurofora" during a G20 Finance Summit, backed US Interest rates latest move :

 

- USA Authorities recent decision to Rise Interest Rates "corresponds to the situation inside America", said the French Finance Minister, Michel Sapin, in Reply to relevant "Eurofora" Question.


 - As a matter of General Principle, "Central Banks' Decisions are Taken in relation with the situation of a Country, and of the Monetary Mass that they have to manage", he added.


 - Thus, given also the Fact that, inter alia, US has Now more "Growth", that Latest Move looks Justified, and does Not have any notable International Economy after-thought, Sapin said, apparently accrediting recent News about a so-called "Trump Boom" towards Higher Employment and Growth in North America.


+ But it's also the Recent ECB's Decisions which were also justified, went on to say the French Minister, apparently pointing at Nearby Frankfurt's Discussions about €uro's Higher price and Interest Rates' policies that might be considered by ECB's Chief, Mario Dragi (also Present here at Baden-Baden, and very Busy-looking).


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++ At another Global interest development, Sapin also Downplayed previous concerns about an eventual China - US clash on Trade and/or Monetary issues :  - "No", at least currently, "there is Not much about it, and it doesn't seem to be a real problem, he dismissed, in furher remarks to "Eurofora".


The French Minister was speaking on the sidelines of the G20 Meeting of Ministers of Finance which has just Started at Baden Baden in Germany, hosted by his collegue, Wolfgang Schauble, and extends Tomorrow, Saturday.


Earlier Today, Sapin had kick-Started his Bilateral meetings, at a nearby Hotel, with his New US counterpart, Steven Mnuhin, who had also met earlier with Schauble.


However, the current US Federal Reserve's Governors' Chair, Mrs Janet Yellen, (still in office at this G20 Finance meeting also of Central Banks' Governors), had been already apointed during the previous, Obama Administration, (2011 + 2014), for a mandate ending on Januay 2018.


Mnuchin's Family is said to stem from Russia, settling to the US since the very Beginning of the 20th Century, with his Grand-Father reportedly havin lived also in Belgium, long before Brussels becomes the nowadays Headquarters of EU Commission and Council, as well as NATO.

 

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Meanwhile, OECD's latest "Economic Policy Reforms" update, Focusing on "Going for Growth 2017", presented here, Earlier Today, by its Head, Angel Guria, (Comp. numerous Guria Statements to "Eurofora" on various Topical Issues, during many years, f.ex. at..., etc), together with Wolfgang Schauble, point at a Need for the US to Invest in "Public Infrastructures", almost as New US President Don Trump has notoriously promised during his succesful Electoral Campaign.


By intelligently Designing also Better Transport Facilities, such a move may even contribute to an Amelioration of Natural Environment, OECD's latest Report says.


As for the EU, OECD's latest recomendations focus also on a much-needed Amelioration of European Networks, (including in Energy, Transport links, and various other Sectors), almost as also EU Commisioner previousl for Energy, afterwards for Digital Economy, and curently on Budgets, Gunther Oettering, (also from nearby "Black Forest" area, as Schauble : Both ChristianDemocrats with Chancelor Angie Merkel), had already urged Earlier.

 

(../..)

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  imag0838_400
 

   Renew Europe's Historic Legend with Parthenon's pure white marble at the eve of crucial 2009 EU Elections, was the ambition of an interesting Art Exhibition, with more topical Symbols than expected, organized by EU Parliament's 1st vice-President Rodi Kratsa-Tsagaropoulou and MEP Marie Panayotopoulos- Cassiotou, Chair of the Inter-group on Family policy, during March A session in Strasbourg.     

According to the Ancient Legend, God Zeus, charmed by young Girl Europe, was trasformed into a strong Bull with Wings, and when she tamed him with Human affection, they flew over the Sea to live together in a New Land with large, fertile landscapes.  


- "There, they saw the Continent with a "Large Front" ("Eureia -opse" in Greek => Eur-opse => Europe)", reminded the Sculptor, Mary Papaconstantinou, of the European Women Association, honored by awards in Paris, Athens and Strasbourg.

    Thus, Europe's Legend combines Symbols of Energy and Strength, with caring Human personality, to bring towards New, large Horizons :

    - "Modern Art for this Ancient Greek Legend here in Strasbourg reminds that Europe, placing Human dignity at its heart, always finds the strength to overcome any Crisis towards New achievements. And EU Parliament offers Citizens a chance to artfully interact", said MEP Panayotopoulos-Cassiotou.

 

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    Structured like some Rembrand's pictural sequences, Europe's sculptural exhibition forms a series of many statutes, sized and flat as a PC screen, representing many scenes inspired from the original Legend, "according to Moschos' text, a Writer of the 2nd century B.C.", said Sculptor Mary to "EuroFora".  

    Made by sparkling pure white Marble full of Symbols, they incite to think but also to act, as in front of a Book with half of its pages full of written text, but another half, free to write on white paper..

    While several EU politicians think that one of the most important characteristics of the 2009 EU Elections is that from their outcome may depend Europe's Identity and Future, Culture Minister of Greece, Antonis Samaras (a former MEP) send the message that, precisely, such modern Art linked to Historic legends may help "EU Citizens search the origins of Europe's Identity".

     - "The Legend says that they founded a New City, Thebes, and that reminds us that Europe is always a project of Invention and Creation", added EU Parliament's vice-President, Rodi Kratsa - Tsagaropoulou.

    Sculptor Mary Papaconstantinou said that she "tried for years to find the same White Marble from Penteli Mountain that was used by Praxitelis and all those who created Parthenon", symbol of Democracy and one of the 7 wonders of the World.

    - "By shaping this millenary Greek Marble to revive Europe's Ancien Legend with Modern Art, it reminds that Europe is a Hope for a better Future after Crisis, combining Energy for Development, with care for the Human person", said the sculptor's compatriot from Chios island, famous from French artist Delacroix's historic painting, MEP Panayotopoulos - Cassiotou.
maria_pc
 
    She now lives with her Family close to Rhine river, at EU's heart, near Bonn, where had started to work for the first time on European issues the new EU Parliament's Secretary General, Klaus Welle :

welle
 
    By a symbolic coincidence, Europe's legend built anew with Parthenon's marble, marked for ever the beginning of young and energetic Welle's duties as new head of EU Parliament's administration, since he saluted the retiring, out-going S.G., the experienced Harold Rohmer, shortly afterwards, at another gathering on the same floor of Louise Weiss' superb building in Strasbourg...

    Organisers of both events said that it was a pure coincidence. People are free to believe them, or hope otherwise...


**********************

    They disagree in almost everything, except from one thing :

- EU Parliament's Art unites even opposed politicians in a common belief for Europe : Cyprus' example...


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Rarely united together, but posing for "EuroFora" with the statute of Europe and Zeus flying over the Sea, ChristianDemocrat/EPP's MEP Yannis Kasulides, a frontrunner Presidential candidate in 2008, former Foreign Minister and Government Spokesman, and EuroLeft's MEP Kyriakos Triantafylides, Chairman of EU - Palestinian Council delegation, from the governing party AKEL (new Left) of the elected President, disagree on almost everything, except from their common claim that Europe of the Ancient Legend, when she flew with God Zeus from Ancient Phynecia to the West, must have crossed the island of Cyprus !

Hard to prove the contrary, 3.000 years later...

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