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		<title>The EU Has Signed A Gigantic Trade Deal With Vietnam</title>
		<link>https://mycountryeurope.com/economy/eu-vietnam-trade-deal/</link>
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		<dc:creator><![CDATA[Tiago Nardi]]></dc:creator>
		<pubDate>Fri, 05 Jul 2019 20:55:53 +0000</pubDate>
				<category><![CDATA[Economy]]></category>
		<category><![CDATA[free trade]]></category>
		<category><![CDATA[Trade]]></category>
		<category><![CDATA[vietnam]]></category>
		<guid isPermaLink="false">https://mycountryeurope.com/?p=16305</guid>

					<description><![CDATA[<p>On the 30th of June, the European Union and Vietnam have signed a highly significant free trade agreement. European Trade Commissioner Cecilia Malmström was not exaggerating when she described it as “the most ambitious free trade deal ever concluded with a developing country”. What&#8217;s more, the agreement is just another in a long list of &#8230;</p>
<p>The post <a rel="nofollow" href="https://mycountryeurope.com/economy/eu-vietnam-trade-deal/">The EU Has Signed A Gigantic Trade Deal With Vietnam</a> appeared first on <a rel="nofollow" href="https://mycountryeurope.com">My Country? Europe.</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p>On the 30th of June, the European Union and Vietnam have signed a <strong>highly significant free trade agreement.</strong> European Trade Commissioner Cecilia Malmström was not exaggerating when she described it as “the most ambitious free trade deal ever concluded with a developing country”. What&#8217;s more, the agreement is just another in a <strong>long list of recent EU succeses:</strong> the ambition to make Europe the <a href="https://mycountryeurope.com/international-relations/usa-seceding-free-trade-eu-step-breach/">linchpin of international trade</a> is becoming a reality.</p>
<p>The revamped trade deal with Mexico, and the <strong>titanic agreement</strong> with the South American trading bloc Mercosur, are also part of this success story, but it&#8217;s significant to note the effort the EU is putting into developing ties with the Far East. It was only two years ago that the EU lamented the <a href="https://mycountryeurope.com/international-relations/eu-vietnam-agreement-southeast-asia/">lack of a coherent policy</a> for southeast Asia, with only a free trade agreement with South Korea already in place. Two years later, the EU has signed <strong>large-scale deals</strong> with Singapore, Vietnam, and Japan &#8211; with the latter deal already undergoing implementation. This undoubtedly <strong>strengthens the European position</strong> in the Far East.</p>
<h3>The Terms of the Deal</h3>
<p>For starters, the free trade agreement<strong> will eliminate 99% of the tariffs</strong> on both sides. ‘Sensible goods’, i.e. agricultural products, will be the exception, and will be limited by quotas. The volumes involved are important: currently, the EU is Vietnam&#8217;s <strong>second largest export market</strong> after the United States, accounting for around 19% of its total exports. The main Vietnamese products that make their way to Europe are textiles, electronics, and coffee. The EU also exports to Vietnam, mostly <strong>high tech products,</strong> pharmaceuticals, machinery, and aircraft. The volume of these exports is growing by 11% every year, and stood at €12 billion for 2018.</p>
<figure id="attachment_16383" aria-describedby="caption-attachment-16383" style="width: 1280px" class="wp-caption aligncenter"><img loading="lazy" class="size-full wp-image-16383" src="https://mycountryeurope.com/wp-content/uploads/2019/07/vietnam.jpg" alt="Vietnam" width="1280" height="951" srcset="https://mycountryeurope.com/wp-content/uploads/2019/07/vietnam.jpg 1280w, https://mycountryeurope.com/wp-content/uploads/2019/07/vietnam-600x446.jpg 600w, https://mycountryeurope.com/wp-content/uploads/2019/07/vietnam-300x223.jpg 300w, https://mycountryeurope.com/wp-content/uploads/2019/07/vietnam-768x571.jpg 768w, https://mycountryeurope.com/wp-content/uploads/2019/07/vietnam-1024x761.jpg 1024w" sizes="(max-width: 1280px) 100vw, 1280px" /><figcaption id="caption-attachment-16383" class="wp-caption-text">European Commissioner for Trade Cecilia Malmstrom, Romania&#8217;s Business, Trade and Enterpreneurship Minister Stefan Radu Oprea and Vietnam&#8217;s Industry and Trade Minister Tran Tuan Anh exchange documents while attending the signing ceremony of EU-Vietnam Free Trade Agreement at the Government Office in Hanoi, Vietnam June 30, 2019. REUTERS/Kham</figcaption></figure>
<p>As usual, the agreement has provisions for the <strong>protection of food</strong> or drinks with a specific geographical origin. This protection includes both Vietnamese and European traditional products, like <em>Mộc Châu</em> tea or Calvados. It also contains provisions for public procurement. Under the framework of the agreement, companies will be able <strong>bid for public procurement contracts</strong> and access the services market both in Vietnam and in the EU. At the same time, the free trade agreement will not curtail the right of the two parties to decide <strong>how to organise their public services.</strong></p>
<p>One the most important part of the FTA are the provisions for <strong>sustainable development:</strong> the FTA includes the implementation of the Conventions of the International Labour Organisation. These include the core standards on freedom of association, and prevention of child labour and slavery. The agreement also requires the implementation of international environmental deals, such as the Paris Agreement. In a <strong>classic exercise of EU soft power,</strong> the issues of fighting climate change and strengthening democracy go hand in hand with the economics of the trade deal.</p>
<h3>The Road Ahead</h3>
<p>The agreement has been discussed for a long time. It began as a negotiation between the EU and ASEAN, in 2007, but in 2009 the two parties decided to <strong>switch to bilateral negotiations</strong>. Future trade deals between the EU and ASEAN will start from the existing agreements and expand their scope. The free trade agreement with Vietnam would be the first of these ambitious trade deals, to be followed by the deal with Singapore, giving the EU a <strong>stable trading foothold</strong> in Southeast Asia.</p>
<p>The implementation of the free trade agreement will begin after the two parties <strong>ratify the agreement.</strong> For the European Union, this means that the European Parliament will have to vote in favour of the deal. One obstacle, however, remains: Vietnam&#8217;s <strong>human rights</strong> track record. This was one of the biggest concerns during the seven years of negotiations, and with good reason: Vietnam is a <strong>one-party State,</strong> known for the harsh treatment of dissidents. <em>Reporters Without Borders</em> classified Vietnam as the <strong><span class="ranking-map__popup-rank grey-text bold">176th</span> country out of 180</strong> for freedom of press.<br />
Cecilia Malmström sees the free trade agreement as a way to engage with, and <strong>influence Vietnam</strong> on human rights. While she is adamant that the deal alone cannot remedy the lack of human rights in Vietnam, she also believes that increased contact and exposure will soften many of Vietnam&#8217;s positions.</p>
<p>Indeed, the final version of the agreement contains clauses that enable the parties to <strong>take action,</strong> should the human rights obligations contained in the text be breached. These actions include the <strong>suspension of the trade agreement</strong> itself. The European Parliament will have to decide if these provisions are enough.</p>
<p>The post <a rel="nofollow" href="https://mycountryeurope.com/economy/eu-vietnam-trade-deal/">The EU Has Signed A Gigantic Trade Deal With Vietnam</a> appeared first on <a rel="nofollow" href="https://mycountryeurope.com">My Country? Europe.</a>.</p>
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		<title>The Brew of the People: the DDR&#8217;s Coffee Crisis</title>
		<link>https://mycountryeurope.com/culture/ddrs-coffee-crisis/</link>
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		<dc:creator><![CDATA[Tiago Nardi]]></dc:creator>
		<pubDate>Thu, 15 Nov 2018 12:52:45 +0000</pubDate>
				<category><![CDATA[Culture]]></category>
		<category><![CDATA[History]]></category>
		<category><![CDATA[coffee]]></category>
		<category><![CDATA[communism]]></category>
		<category><![CDATA[East Germany]]></category>
		<category><![CDATA[European Food]]></category>
		<category><![CDATA[European history]]></category>
		<category><![CDATA[featured]]></category>
		<category><![CDATA[germany]]></category>
		<guid isPermaLink="false">https://mycountryeurope.com/?p=6798</guid>

					<description><![CDATA[<p>Coffee played an important role in the DDR propaganda. It embodied all the aspirations of the German Democratic Republic: previously a luxury that was accessible only to the upper classes, it was now available to the working class. It was promoted as a product fit for the future of Germany. East German magazines often praised &#8230;</p>
<p>The post <a rel="nofollow" href="https://mycountryeurope.com/culture/ddrs-coffee-crisis/">The Brew of the People: the DDR&#8217;s Coffee Crisis</a> appeared first on <a rel="nofollow" href="https://mycountryeurope.com">My Country? Europe.</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p style="text-align: justify;"><strong>Coffee</strong> played an important role in the DDR propaganda. It embodied all the aspirations of the German Democratic Republic: previously a <strong>luxury</strong> that was accessible only to the upper classes, it was now available to the working class.</p>
<p style="text-align: justify;">It was promoted as a product fit for the future of Germany. East German magazines often praised caffeine&#8217;s effects. Alertness and productivity were desirable traits for the socialist people, so it was a beverage of the future.</p>
<p style="text-align: justify;">For the past, the DDR wanted to tap into the German history, possibly avoiding the too recent past. A connection to the previous history would foster their position as legitimate Germany, so the German coffee tradition was perfect. Especially considering that the <a href="https://mycountryeurope.com/culture/hidden-european-food/hidden-eurofood-saxony/">tradition was quite strong in Saxony</a> as the firsts German coffee houses opened in Leipzig. As a form of luxury, coffee was relatively affordable. It was also easier to provide to the population than a working car&#8230; Or so they thought.</p>
<h4>The black frost, chicory coffee, and other unpleasantries:</h4>
<p style="text-align: justify;">In 1975, the so-called &#8220;black frost&#8221; spoiled Brazilian production of coffee. It destroyed more than half of the coffee trees. At the same time, the civil war ravaged Angola and Ethiopia. An earthquake hit Guatemala and Colombia had floods. Coffee leaf rust appeared in Nicaragua.</p>
<p style="text-align: justify;">Let&#8217;s just say that it wasn&#8217;t the best time for production. Prices hiked, and <strong>imports became prohibitively costly</strong> for the DDR. Oil imports already consumed a big part of the import budget, so the SED tried to curb the import of luxury goods. They pulled <em>Kosta</em>, the cheapest caffeine brand, away from the market. In its place, East German citizens found coffee mixes: fifty per cent coffee, and fifty per cent other, unpleasant, things. Mostly chicory, beans, and grains.</p>
<p style="text-align: justify;">Citizens&#8217; reactions were far from stellar. People jokingly called this mix <em>Erichs Krönung</em>, a play on <em>Jacobs Krönung, </em>a western coffee brand, and Honecker&#8217;s name. Citizens resorted to the last available form of protest in the DDR: writing letters of complaint. More than fourteen thousand letters complained about its flavour, taste, and how it would clog coffee machines. But why was so important? People were used to disservices, lateness and goods shortage. However, coffee, as part of the propaganda, was a proxy for the living conditions. If the DDR&#8217;s capability was put in question, so would its legitimacy.</p>
<figure id="attachment_6958" aria-describedby="caption-attachment-6958" style="width: 424px" class="wp-caption aligncenter"><img loading="lazy" class=" wp-image-6958" src="https://mycountryeurope.com/wp-content/uploads/2018/11/flag-of.jpg" alt="" width="424" height="254" srcset="https://mycountryeurope.com/wp-content/uploads/2018/11/flag-of.jpg 1000w, https://mycountryeurope.com/wp-content/uploads/2018/11/flag-of-600x360.jpg 600w, https://mycountryeurope.com/wp-content/uploads/2018/11/flag-of-300x180.jpg 300w, https://mycountryeurope.com/wp-content/uploads/2018/11/flag-of-768x461.jpg 768w" sizes="(max-width: 424px) 100vw, 424px" /><figcaption id="caption-attachment-6958" class="wp-caption-text">Flag of East Germany</figcaption></figure>
<h4><em>Chto delat?</em></h4>
<p style="text-align: justify;">What is to be done? Reserves dwindled down because people preferred to buy the costlier mix, without weird ersatz, so the state had to get new sources of coffee. Prices were sky-high, and the state had limited reserves of foreign currency, so how could they afford it? Barter, of course. The DDR tied foreign aid in machinery and services to coffee exports. The plan was to start up the production in various, neglected, countries. They targeted places like Laos, Vietnam, and Angola where they set up farms, trained the populations, and sent pieces of machinery.</p>
<p style="text-align: justify;">Did it work out? Technically no. This was because the coffee production was often below agreed targets, but it was a (baby) step to act in a globalized world and to push their own ambitions. Unsurprisingly, the propaganda could spin it in a better way. It was presented as an alternative approach to the &#8220;Western neocolonialism&#8221;. Plantations where locals only worked as assistants to German technicians were justified as a supervision and assistance towards their socialist brethren. At least, the propaganda was a part of the East German state that worked with Teutonic efficiency.</p>
<p>The post <a rel="nofollow" href="https://mycountryeurope.com/culture/ddrs-coffee-crisis/">The Brew of the People: the DDR&#8217;s Coffee Crisis</a> appeared first on <a rel="nofollow" href="https://mycountryeurope.com">My Country? Europe.</a>.</p>
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		<title>How the Spanish flu decimated Europe and the world</title>
		<link>https://mycountryeurope.com/history/spanish-flu-decimated-europe-world/</link>
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		<dc:creator><![CDATA[Tiago Nardi]]></dc:creator>
		<pubDate>Wed, 11 Apr 2018 18:38:17 +0000</pubDate>
				<category><![CDATA[Culture]]></category>
		<category><![CDATA[History]]></category>
		<category><![CDATA[featured]]></category>
		<category><![CDATA[history]]></category>
		<category><![CDATA[pandemic]]></category>
		<category><![CDATA[science]]></category>
		<category><![CDATA[spanish flu]]></category>
		<guid isPermaLink="false">http://mycountryeurope.com/?p=2214</guid>

					<description><![CDATA[<p>The Spanish flu which began in 1918 was one of the most lethal pandemics in the Modern Age. It infected about one-third of the population, and had a considerable death toll, although the worldwide exact number is still debated. The overall number of deaths starts from 21.5 millions, goes up to 50 millions, and some &#8230;</p>
<p>The post <a rel="nofollow" href="https://mycountryeurope.com/history/spanish-flu-decimated-europe-world/">How the Spanish flu decimated Europe and the world</a> appeared first on <a rel="nofollow" href="https://mycountryeurope.com">My Country? Europe.</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p>The Spanish flu which began in 1918 was one of the most lethal pandemics in the Modern Age. It infected about <strong>one-third</strong> of the population, and had a considerable death toll, although the worldwide exact number is still debated. The overall number of deaths starts from 21.5 millions, goes up to 50 millions, and some scholars even suggest 100 millions as a definite estimate.</p>
<h3>What is a pandemic?</h3>
<p>Even today, the common flu often causes epidemics, that is outbreaks of a disease contained within a particular region or population. In temperate climates like Europe, seasonal flu epidemics occur mainly during winter, as we have all experienced. It is only when an epidemic starts to spread worldwide that becomes what is known as a <strong>pandemic</strong>. As defined by the <a href="http://www.who.int/csr/disease/swineflu/frequently_asked_questions/pandemic/en/">World Health Organisation</a>: <em>&#8220;a pandemic is the worldwide spread of a new disease. A pandemic occurs when an influenza virus which was not previously circulating among humans and to which most people don&#8217;t have immunity emerges and transmits among humans&#8221;. </em>In the last 300 years we have had <strong>nine</strong> pandemics: the Spanish flu was the second one, and the last one was the swine flu in 2009.</p>
<figure id="attachment_2919" aria-describedby="caption-attachment-2919" style="width: 663px" class="wp-caption aligncenter"><img loading="lazy" class="wp-image-2919" src="https://mycountryeurope.com/wp-content/uploads/2018/04/Spanish_flu_death_chart.jpg" alt="Spanish flu death chart" width="663" height="505" srcset="https://mycountryeurope.com/wp-content/uploads/2018/04/Spanish_flu_death_chart.jpg 780w, https://mycountryeurope.com/wp-content/uploads/2018/04/Spanish_flu_death_chart-600x457.jpg 600w, https://mycountryeurope.com/wp-content/uploads/2018/04/Spanish_flu_death_chart-300x228.jpg 300w, https://mycountryeurope.com/wp-content/uploads/2018/04/Spanish_flu_death_chart-768x585.jpg 768w" sizes="(max-width: 663px) 100vw, 663px" /><figcaption id="caption-attachment-2919" class="wp-caption-text">Spanish flu death chart</figcaption></figure>
<p>Typically a pandemic happens when a flu jumps from one species to another. Sometimes, it is possible for a subject to be infected at the same time by different strains, for example a swine and a human flu. More commonly, a strain that infects an animal <strong>mutates</strong> and acquire the ability to infect humans. The Spanish flu seems to belong within the latter category, as discovered by looking at a reconstructed virus. This was possible thanks to the analysis of old samples of victims, obtained also by digging up a mass grave in the Alaska permafrost.</p>
<h3>How the Spanish flu developed</h3>
<p>Notwithstanding its name, the Spanish flu didn&#8217;t come from <strong>Spain</strong>. Thanks to Spanish neutrality in World War I, local newspapers weren&#8217;t subject to war censorship and were just the first to openly write about the epidemic. The other States involved in the World War suppressed the news, but at the same time underestimated the flu. The armies from both sides preferred to celebrate heroic death on the battlefield instead of deaths by disease. For example, German death cards rarely mentioned flu as a death cause.</p>
<p>The Spanish flu hit in <strong>three waves</strong>: the first in the spring of 1918, the second in the autumn, and the third in the winter of 1918-1919. The first wave was quite mild and not unlike a normal flu. Only with the second wave it became apparent that it was quite different. Obviously the death rate was higher than average, but that wasn&#8217;t the only peculiarity. Usually, common flu hits harder <strong>on older and younger people</strong>, as their immune systems are unable to battle the virus effectively. On the other hand, the Spanish flu was extremely effective on young adults, like soldiers on the battlefronts. Even the symptoms were way more lethal than those of a normal flu, including <strong>cyanotic skin and bloody sputum.</strong></p>
<figure id="attachment_2920" aria-describedby="caption-attachment-2920" style="width: 549px" class="wp-caption aligncenter"><img loading="lazy" class="wp-image-2920" src="https://mycountryeurope.com/wp-content/uploads/2018/04/flu-advice.jpg" alt="Spanish flu advice" width="549" height="225" srcset="https://mycountryeurope.com/wp-content/uploads/2018/04/flu-advice.jpg 1096w, https://mycountryeurope.com/wp-content/uploads/2018/04/flu-advice-600x246.jpg 600w, https://mycountryeurope.com/wp-content/uploads/2018/04/flu-advice-300x123.jpg 300w, https://mycountryeurope.com/wp-content/uploads/2018/04/flu-advice-768x315.jpg 768w, https://mycountryeurope.com/wp-content/uploads/2018/04/flu-advice-1024x420.jpg 1024w" sizes="(max-width: 549px) 100vw, 549px" /><figcaption id="caption-attachment-2920" class="wp-caption-text">Spanish flu advice from 1918-1919</figcaption></figure>
<p>Occasionally, it is said that the <strong>demobilisation</strong> of national armies brought the flu in the various States. However, this seems to be historically incorrect, as the armies massively demobilized only <strong>after the third wave.</strong> Scholars have proposed different places of origin. These include a hospital camp in France, a military base in Kansas and even China (carried by the Chinese Labour Corps), all which suffered heavily from the flu. But ultimately, the origin of one of the deadliest maladies in European &#8211; and human &#8211; history is still unknown.</p>
<p>&nbsp;</p>
<h4>Did you enjoy this article? You might also like <a href="https://mycountryeurope.com/foreign-politics/eu-foreign-policy/american-climate-resilience/">Climate Resilience in the United States</a> or <a href="https://mycountryeurope.com/culture/european-nature/birds-without-borders-the-great-avian-migration-between-europe-and-africa/">Birds Without Borders: the Great Avian Migration between Europe and Africa</a>.</h4>
<p>The post <a rel="nofollow" href="https://mycountryeurope.com/history/spanish-flu-decimated-europe-world/">How the Spanish flu decimated Europe and the world</a> appeared first on <a rel="nofollow" href="https://mycountryeurope.com">My Country? Europe.</a>.</p>
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		<title>The Neapolitan &#8220;babà&#8221; pastry is more European than you know</title>
		<link>https://mycountryeurope.com/culture/cuisine/baba-european-pastry/</link>
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		<dc:creator><![CDATA[Tiago Nardi]]></dc:creator>
		<pubDate>Wed, 21 Feb 2018 17:15:32 +0000</pubDate>
				<category><![CDATA[Cuisine]]></category>
		<category><![CDATA[History]]></category>
		<category><![CDATA[European culture]]></category>
		<category><![CDATA[European Food]]></category>
		<category><![CDATA[featured]]></category>
		<category><![CDATA[food]]></category>
		<guid isPermaLink="false">http://mycountryeurope.com/?p=1790</guid>

					<description><![CDATA[<p>When it comes to European pastries, there&#8217;s plenty to choose from: some might favor the (Imperial) Austrian traditions, others would pick French pâtissierie over everything else, and Turkish-inspired sweets are popular all over the Mediterranean. These boundaries are often fuzzy, however, and some recipes simply elude classification. One such is the babà, the notorious pastry. &#8230;</p>
<p>The post <a rel="nofollow" href="https://mycountryeurope.com/culture/cuisine/baba-european-pastry/">The Neapolitan &#8220;babà&#8221; pastry is more European than you know</a> appeared first on <a rel="nofollow" href="https://mycountryeurope.com">My Country? Europe.</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p>When it comes to European pastries, <strong>there&#8217;s plenty to choose from</strong>: some might favor the (Imperial) Austrian traditions, others would pick French pâtissierie over everything else, and <a href="http://mycountryeurope.com/hidden-eurofood-kelmendi-region/">Turkish-inspired sweets</a> are popular all over the Mediterranean.<br />
These boundaries are often fuzzy, however, and <strong>some recipes simply elude classification</strong>. One such is the babà, the notorious pastry.</p>
<p>The <strong>babà</strong> is a mushroom shaped cake, made with a buttery, yeast-based dough, soaked with liquor, <strong>typically rum</strong>. It is sometimes served with cream or pastry cream, lemon being a popular dressing choice. It&#8217;s one of the most characteristic sweet snacks in Naples, and Southern Italy at large &#8211; but what are its origins?</p>
<p><img loading="lazy" class="alignleft wp-image-2012" src="http://mycountryeurope.com/wp-content/uploads/2018/02/3051738695_38218ef70d_z.jpg" alt="Babà" width="368" height="245" srcset="https://mycountryeurope.com/wp-content/uploads/2018/02/3051738695_38218ef70d_z.jpg 500w, https://mycountryeurope.com/wp-content/uploads/2018/02/3051738695_38218ef70d_z-300x200.jpg 300w" sizes="(max-width: 368px) 100vw, 368px" />As with any good fairy tale, <strong>we begin with a king</strong>: Stanislaw Leszczynski, King of Poland. The story goes that the king, or more correctly, former king <strong>in exile in Lorraine</strong>, was served a local cake, a Gugelhupf. Stanislaw eventually tired of the cake&#8217;s taste, and <strong>dunked it in sweet wine.</strong> The result left him so happy that he gave the experiment a name, “babà”, inspired by the book he was reading, <em>Ali Baba and the Forty Thieves</em>. Then, when the former-king became father-in-law to Louis XIV, the king’s cook, Nicholas Stohrer, <strong>introduced the babà to the court of Versailles.</strong></p>
<p>This is what the legend claims, at any rate. The narrative mirrors other mythical origins of recipes, especially French ones, linking their creation to famous people, often as <strong>a result of a lucky mistake.</strong> This account is obviously a make-believe. Even the detail about the alcoholic dunk is quite improbable, as the oldest recipes flavoured the babà with <strong>saffron and sultana</strong>, and the alcoholic dunk appeared only later, as <em>punch</em> became fashionable in the Old Continent.</p>
<p>Still, the fantastical tale probably holds a kernel of truth: Stohrer did open t<strong>he oldest pâtissierie in Paris</strong>, which is still <a href="https://stohrer.fr/?lang=en">open to the public</a>, and made the babà famous and fashionable in in the country. He could have been inspired by the Gugelhupf of the tale, common in central Europe. The Gugelhupf, or Kugelhupf, Kouglof &#8211; and known by many other names &#8211; is a <strong>ring-shaped yeast cake</strong>. It probably originated in German-speaking lands, then became popular in all central Europe, including Poland and France.</p>
<p><img loading="lazy" class=" wp-image-2013 alignright" src="http://mycountryeurope.com/wp-content/uploads/2018/02/Neapolitan_rum_baba.jpg" alt="" width="383" height="255" srcset="https://mycountryeurope.com/wp-content/uploads/2018/02/Neapolitan_rum_baba.jpg 900w, https://mycountryeurope.com/wp-content/uploads/2018/02/Neapolitan_rum_baba-600x400.jpg 600w, https://mycountryeurope.com/wp-content/uploads/2018/02/Neapolitan_rum_baba-300x200.jpg 300w, https://mycountryeurope.com/wp-content/uploads/2018/02/Neapolitan_rum_baba-768x512.jpg 768w" sizes="(max-width: 383px) 100vw, 383px" />The long journey of the babà came to an end in Naples. The chefs of the aristocratic families of the Kingdom of Naples were influenced by the <strong>fashionable French cuisine</strong>, an influence demonstrated by the title of respect awarded to talented chefs and cooks in Southern Italy: <strong>monzù</strong> (or monsù in Sicily), a word derived from the French “Monsieur”. Needless to say, the French culinary repertoire imported to Naples now included the babà.</p>
<p>The lovely pastry thus started out as a German cake, was then modified to the benefit of a Polish king during his exile in France, and subsequently imported by Neapolitan cooks: a long journey, crowned by the immense popularity it now enjoys.</p>
<p>The post <a rel="nofollow" href="https://mycountryeurope.com/culture/cuisine/baba-european-pastry/">The Neapolitan &#8220;babà&#8221; pastry is more European than you know</a> appeared first on <a rel="nofollow" href="https://mycountryeurope.com">My Country? Europe.</a>.</p>
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		<title>The Commission wants to overhaul the economic and monetary Union</title>
		<link>https://mycountryeurope.com/politics/european-union/eu-commission-monetary-union/</link>
					<comments>https://mycountryeurope.com/politics/european-union/eu-commission-monetary-union/#respond</comments>
		
		<dc:creator><![CDATA[Tiago Nardi]]></dc:creator>
		<pubDate>Thu, 07 Dec 2017 11:04:36 +0000</pubDate>
				<category><![CDATA[Economy]]></category>
		<category><![CDATA[European Union]]></category>
		<category><![CDATA[euro]]></category>
		<category><![CDATA[european commission]]></category>
		<category><![CDATA[european parliament]]></category>
		<guid isPermaLink="false">http://mycountryeurope.com/?p=1741</guid>

					<description><![CDATA[<p>On Wednesday, the European Commission presented its plan for an overhaul of the economic and monetary union. The new proposal comes after Jean-Claude Juncker&#8217;s speech on the subject, and sets a roadmap for future integration. Most of the proposals build up on previous instruments, fixing, completing or expanding them. The changes are intended to be &#8230;</p>
<p>The post <a rel="nofollow" href="https://mycountryeurope.com/politics/european-union/eu-commission-monetary-union/">The Commission wants to overhaul the economic and monetary Union</a> appeared first on <a rel="nofollow" href="https://mycountryeurope.com">My Country? Europe.</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p align="JUSTIFY"><span style="font-family: Verdana, sans-serif;"><span style="font-size: medium;">On Wednesday, the European Commission presented its plan for an overhaul of the economic and monetary union. </span></span></p>
<p align="JUSTIFY"><span style="font-family: Verdana, sans-serif;"><span style="font-size: medium;">The new proposal comes after Jean-Claude Juncker&#8217;s speech on the subject, and sets a roadmap for future integration. Most of the proposals build up on previous instruments, fixing, completing or expanding them. </span></span></p>
<p align="JUSTIFY"><span style="font-family: Verdana, sans-serif;"><span style="font-size: medium;">The changes are intended to be operative in two years, and they are as follows: </span></span></p>
<p align="JUSTIFY"><span style="font-family: Verdana, sans-serif;"><span style="font-size: medium;">-Integrating the (so-called) fiscal compact into European law, since, for now, it relies on an intergovernmental treaty. </span></span></p>
<p align="JUSTIFY"><span style="font-family: Verdana, sans-serif;"><span style="font-size: medium;">-Expanding the European Stability Mechanism into a full fledged European monetary fund, including the possibility, in emergency situations, of acting with a qualified majority. </span></span></p>
<p align="JUSTIFY"><span style="font-family: Verdana, sans-serif;"><span style="font-size: medium;">-Completing the Banking Union, setting up a deposit insurance scheme and a backstop, namely a safety net that will act when the Single Resolution Fund can&#8217;t finance the resolution of a failing bank. </span></span></p>
<p align="JUSTIFY"><span style="font-family: Verdana, sans-serif;"><span style="font-size: medium;">As for the brand new tools proposed by the Commission, they are intended as support for reforms in Member States, and include a convergence support for members that want to adopt the single currency. </span></span></p>
<p align="JUSTIFY"><span style="font-family: Verdana, sans-serif;"><span style="font-size: medium;">Two additional proposals are intended for future developments: </span></span></p>
<p align="JUSTIFY"><span style="font-family: Verdana, sans-serif;"><span style="font-size: medium;">-A stabilisation mechanism, to deal with asymmetric shocks, that could potentially include a European Unemployment Reinsurance Scheme or an Investment Protection Scheme. </span></span></p>
<p align="JUSTIFY"><span style="font-family: Verdana, sans-serif;"><span style="font-size: medium;">-A European minister of Finances, accountable to the European parliament. </span></span></p>
<p align="JUSTIFY"><span style="font-family: Verdana, sans-serif;"><span style="font-size: medium;">The content of this roadmap isn’t set in stone, but the intention is to establish a common position between the Member States and European institutions, in order to build consensus for the future of the Union.</span></span></p>
<p align="JUSTIFY">
<p>The post <a rel="nofollow" href="https://mycountryeurope.com/politics/european-union/eu-commission-monetary-union/">The Commission wants to overhaul the economic and monetary Union</a> appeared first on <a rel="nofollow" href="https://mycountryeurope.com">My Country? Europe.</a>.</p>
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