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	<title> &#187; eurozone</title>
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		<title>The mutiny on the bounty</title>
		<link>http://www.eanam.org/mutiny-bounty/</link>
		<comments>http://www.eanam.org/mutiny-bounty/#comments</comments>
		<pubDate>Mon, 02 Dec 2013 18:37:26 +0000</pubDate>
		<dc:creator><![CDATA[Mauro Galluccio]]></dc:creator>
				<category><![CDATA[News]]></category>
		<category><![CDATA[euro]]></category>
		<category><![CDATA[european union]]></category>
		<category><![CDATA[eurozone]]></category>
		<category><![CDATA[germany]]></category>
		<category><![CDATA[merkel]]></category>

		<guid isPermaLink="false">http://www.eanam.org/?p=150</guid>
		<description><![CDATA[<p>The mutiny on the Bounty: Please do not let the European Union fall apart We know that policy-makers and negotiators do not function in a social vacuum. Most international security decisions may depend upon interrelated situational elements together with a &#8220;supreme&#8221; goal (on the behalf of leaders) to be confirmed in the office. Decision-making processes, especially during crises period, may be more driven by wishful... </p>
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]]></description>
				<content:encoded><![CDATA[<p><strong>The mutiny on the Bounty:</strong><br />
Please do not let the European Union fall apart</p>
<p style="text-align: justify;">We know that policy-makers and negotiators do not function in a social vacuum. Most international security decisions may depend upon interrelated situational elements together with a &#8220;supreme&#8221; goal (on the behalf of leaders) to be confirmed in the office. Decision-making processes, especially during crises period, may be more driven by wishful thinking, selfjustification, selective moral disengagement mechanisms, and destructive human emotions than it is by rational calculations of power.</p>
<p style="text-align: justify;">In this historical period, it seems that the European Union leadership is suffering a major sickness. Take the example of Germany who is so proud to punish the &#8220;bad guys&#8221; that is delaying any decision about the euro zone talking about structural reforms in the future losing the sight of the present as it was smooth and secure and like the EURO is not collapsing.</p>
<p style="text-align: justify;">Here we see the difficulty in making decisions by the German leadership provoked by our primal emotion: fear. We live in a complex and interconnected world were the complexity should be managed with the awareness that when we are experiencing a crisis even apparently meaningless events may provoke unwanted positive or negative domino effects. But leaders are called upon to decide at the right time.</p>
<p style="text-align: justify;">I think Mrs. Merkel has gathered enough information to make a decision overcoming her prejudices and maybe what she needs is a good internal communication strategy to explain to Germans why united we will probably rescue, but divided not only will we certainly fail but we will put the so called peripheral actors in a situation where the mutiny will be the only chance they have for surviving.</p>
<p style="text-align: justify;">This is instead the time to start a political negotiation among actors of the European Union to give a financial support to Member States in danger of default, strictly linked to reforms and serious tailored financial plans (because Italy could not be compared to Greece). A compromise is possible but Mrs. Merkel should make a decision today otherwise it will be too late and politicians will be overwhelmed by events.</p>
<p style="text-align: justify;">Just a final thought: Could we provide a supportive service to politicians who make critical decisions that have widespread impact on the nation&#8217;s economic well-being? I think a political leader should include a cognitive-behavior therapist properly trained, as an integral member of their closest advisory team in order to improve decision-making processes.</p>
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]]></content:encoded>
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		<title>European union: an expiration date?</title>
		<link>http://www.eanam.org/european-union-expiration-date/</link>
		<comments>http://www.eanam.org/european-union-expiration-date/#comments</comments>
		<pubDate>Mon, 02 Dec 2013 18:33:54 +0000</pubDate>
		<dc:creator><![CDATA[Mauro Galluccio]]></dc:creator>
				<category><![CDATA[News]]></category>
		<category><![CDATA[euro]]></category>
		<category><![CDATA[european union]]></category>
		<category><![CDATA[eurozone]]></category>
		<category><![CDATA[negotiation]]></category>

		<guid isPermaLink="false">http://www.eanam.org/?p=146</guid>
		<description><![CDATA[<p>Loyalty to the European Union project has no expiration date: Negotiating a closer tie among eurozone Countries Financial crisis is serious and hard decisions should be made as soon as possible. Situations of structural uncertainty, an absence of effective central authority and decision rules, and stalemates in unilateral means of solving problems and resolving conflicts, among member states of the eurozone, are all conditions that... </p>
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]]></description>
				<content:encoded><![CDATA[<p><strong>Loyalty to the European Union project has no expiration date:</strong><br />
Negotiating a closer tie among eurozone Countries</p>
<p style="text-align: justify;">Financial crisis is serious and hard decisions should be made as soon as possible. Situations of structural uncertainty, an absence of effective central authority and decision rules, and stalemates in unilateral means of solving problems and resolving conflicts, among member states of the eurozone, are all conditions that call for more cooperation and integrated negotiated actions.</p>
<p style="text-align: justify;">Among decisions the hardest one is certainly that of taking a political beleaguered direction towards a shifting of some of the spending and taxing sovereign powers from Member States of the Euro zone to an European Financial High Authority (and a sort of common collective responsibility for national debts) with the European Central Bank playing a more assertive and active regional supportive role. Governments, especially the big ones, should now demonstrate that they are not willing to put the Euro currency at risk and that they have a political strength to negotiate a deal over fiscal rules in the eurozone as a natural consequences of a project they launched officially in January 2002.</p>
<p style="text-align: justify;">It is too good, for certain big Member States, just to take advantages of countries markets (even Mediterranean ones) enjoying the Euro currency and all the positive gains for national industries. However, it is guilty of greed to assist to the breakup of the eurozone, as they did not have shared responsibility of the success or failure of the Euro.</p>
<p style="text-align: justify;">This told we cannot hide the fact that this crisis has been managed until now with fear and clumsy attitude and has been guided more by selfish and punitive behaviors than by real political and economic vision of the future aimed at restoring market confidence. Sad to say, this state of art has been showing a political void of leadership and a lack of solidarity, one of the main founding principles of the European project. Even going through the above mentioned steps towards a more integrated eurozone, this financial crisis and its bitter (mis)management and communication failure to explain reasons to the &#8220;European citizen&#8221; will certainly jeopardize the European Union political project. We need a transformative leadership process (Galluccio, 2011; in Aquilar &amp; Galluccio, 2011) showing a structural political strength in making decisions in the eurozone and in the European Union as a whole. European politicians are called upon an era of political responsibility and technical coherence supported by a sustainable and improved decision-making process.</p>
<p style="text-align: justify;">If they want to continue to play a zero-sum game in crisis situations, they should know that their bluff may be called upon and they will be held politically accountable. If European politicians really want to continue to pursue the European Union project, it is time they put their actions where their mouth is. In both good and bad times!</p>
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