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AB 2000 studies

Alain Boublil Blog

   

Energy

The Germany weakening

In less than thirty years, once the unification of the Eastern provinces was successfully achieved, Germany has become the good if not the best pupil of the European Union. It could so set its conditions for the creation of the euro, bolstered by its foreign trade surplus, the rigorous management of its public finances and its low inflation. It revived the great principles which had made its prosperity. As far as back 1895, Paul Valery, the French essayist, had shown that it was coming from its ability “to make returning the maximum of wealth from all the places in the ...

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The crisis of the petrol in France

As if the pandemic of the Covid-19 and the economic and financial consequences of the invasion of Ukraine by Russia were not enough, here is France confronted to a new hard time, the petrol scarcity which has provoked the closure of 30% of the filling stations. That risks to paralyze the activity and to generate a deep unsatisfaction among the population. In several regions, as in the North and in Ile-de-France, motorists in never ending queues wait in front of the last stations remained open. This situation results from several factors.

The first one is the decision of the Total ...

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From the crisis of the euro to the energy crisis

Just ten years ago, Mario Draghi, chairman of the European Central Bank, announcing in July 2012 that he will do all it is necessary “whatever it costs” to save the euro and putting into practice this decision, rescued the common currency. Europe was hardly emerging from the recession caused by the “sub-prime” crisis. The disclosure that Greece, with the assistance of a merchant bank, had forged its accounts in order to dissimulate the situation of its public finances, had started high tensions inside the euro zone. They were amplified by the revelation of the weakness of the Irish banks which ...

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