A Quote by Cecilia Malmstrom
Europe is good at many things, which is why we are the largest exporter in the world. Thirty million people in Europe are employed in making our exports of goods and services. Just under 900 thousand of them are in Sweden.
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Italy is the fourth-largest economy in Europe and the eighth-largest economy in the world, and its banking system is collapsing. And Germany is desperate. It must maintain its standard of living. It can only do that with exports and Deutsche Bank is very exposed to Italian debt. But so is the rest of Europe.
That was the reason why very few people fleeing the rise of fascism in Europe, especially in Germany, could get to the United States. And there were famous incidents like with the MS Saint Louis, which brought a lot of immigrants, mostly Jewish, from Europe. It reached Cuba, with people expecting to be admitted to the United States from there. But the administration of Franklin D. Roosevelt wouldn't allow them in and they had to go back to Europe where many of them died in concentration camps.
It's too low, and if Europe wants to be a force in the world it needs to be more than a moral and political and economic force, which Europe is because it shares many of our values and demonstrates them around the world. But it has to have the military power that goes with that as well.
At the moment we are hard-wired into the European markets - 50% of our exports go to Europe - and that has not been good for the UK. So I'm not saying "make Britain entirely dependent on China". I'm saying "let's diversify a bit". When I became chancellor, China was our ninth largest trading partner. This is the world's second biggest economy. China was doing more business with Belgium than it was with Britain.
Europe is very critical to the United States in the sense not only do we have a fourth of our exports there, but more importantly, a significant proportion of the foreign affiliate profits in fact, half of U.S. corporations, are in Europe.
I believe Europe is burning financially. Europe's problems are not going to go away. They are so structural. Yet, our problems are right behind them. We cannot just look at Europe.
As we conduct our negotiations it must be a priority to allow British companies to trade with the single market in goods and services but also, to regain more control of the numbers of people who are coming here from Europe.
Of course, the UK is a significant economy that makes up a quarter of American exports to the EU, more than 50 percent of our exports in certain sectors and over 25 percent of the government procurement opportunities we have in Europe. Brexit reduces the size of the TTIP deal for the United States, and there will need to be an adjustment of expectations accordingly, but Brexit underscores the value of reaching an agreement at this critical moment in the evolution of Europe.
Europe is scooters. Europe is five young people on one bench sharing a chocolate bar. Their idea of entertainment and fun is so much different than ours, which is exactly why a movie about them would be funny.
Turkey has had a customs union with Europe since 1996, and there's free trade in everything other than farm products and services. And Turkey has shown that it can compete. It's good at making cheap goods - household appliances, food, detergents, cheap clothes. And they make a lot of white goods, cheap TVs, washing machines, electric appliances, steel, and, recently, auto parts. And Turks are gradually moving into IT.
Basically, on the question of Europe, I want to see a social Europe, a cohesive Europe, a coherent Europe, not a free market Europe.
The largest weight is now on Germany's shoulders. Chancellor Merkel must continue to convince people of the EU's importance; she must spearhead the effort to redefine the EU. In order to do this, Germany must become a muscular democracy. It needs to shoulder far more responsibility for the physical security of Europe, especially Eastern Europe and the Mediterranean. So far, unfortunately, Germany has taken the lead in disrespecting Europe's borders by opening its doors to more than a million refugees and migrants.
Our position in Europe is not negotiable. The Greek people will defend it by all means. But participation in the euro involves rules and obligations, which we must consistently meet. Greece belongs to Europe and Europe cannot be envisaged without Greece.
The public negotiations and secret intrigues of the English (Jews) and the French (Jews) have been employed for centuries in every court and country in Europe. Look back to the history of Spain, Holland, Germany, Russia, Sweden, Denmark, Prussia, Italy and Turkey for the last hundred years...all the power of Europe will be continually maneuvering with us to work us into the real or imaginary balance of power.
In this 21st century world, some of our country's most significant exports and imports extend beyond goods and services: They also include innovation, knowledge, discovery, and healing.
Less and less is the question being asked as to whether developments are taking place in a democratic and free way. Europe is in a phase in which this output is no longer sufficiently visible or tangible. Youth unemployment is still far too high, we still haven't solved our currency problem and living conditions in Europe are drifting apart. That is one reason why critics say that our Europe is based on yesteryear's model.
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