Merkel’s Back For Germany. What Does That Mean For Europe?

But last month she announced that perhaps it was time to return powers to national governments from Brussels. It is unclear what that might actually look like, but it reflects growing weariness of EU bigfooting overall, which has been noted in several polls. One released last week by Open Europe and Open Europe Berlin, conducted by YouGov Deutschland, shows support among Germans for slimming down the EU. By a margin of two to one, German respondents said the next chancellor should push for decentralizing powers from the EU to national, regional, or local levels. That might be one reason that the euroskeptic Alternative for Deutschland party (Afd) nearly crossed the 5 percent threshold to make it into parliament, after just arriving on the scene this winter. They received 4.9 percent of votes. This political fragmentation in Germany might make it harder for Merkel to navigate. But Mr. Techau says that he has three hopes for the next government: that it invest more in foreign policy and NATO, so that Germany becomes a stronger contributor both intellectually and politically; that it finish the political construction that was put in place to deal with the crisis, including the banking union; and finally that it will come up with a clearer idea of how Germany envisions the political shape of post-crisis Europe, he says. The first might be hardest, as Merkel’s desire to keep Germany out of foreign crises, most recently in Syria, is widely supported in German society. But if the crisis flares again, she might push some bolder moves on the EU front. She might also do so as she looks toward her legacy. The biggest ‘if’ is ‘will she use the capital which she has accumulated over the past years to do something really bold after Sept. 22?’ says Stefan Kornelius, international affairs editor at Suddeutsche Zeitung who just wrote a book on Merkel. The eurocrisis will be the most decisive policy of her life.

Novartis’ Ultibro Breezhaler Approved in Europe

But rather than leading from behind, as aides describe her preferred approach, she faces pressure to assert more pro-active leadership if the euro zone is to sustain a recovery and take hard decisions needed to complete a banking union and underpin the currency union. British officials believe Merkel also holds the key to Prime Minister David Cameron’s bid to negotiate a return of some EU powers to national capitals, before he puts continued British membership of the Union to a referendum in 2017. WISH LIST France’s industry minister, Arnaud Montebourg, a frequent critic of Merkel, wasted no time in laying out southern Europe’s wish list and calling on the chancellor to step forward. “Our common duty is to push Europe in a new direction, to ensure that this region – which is the only region in the world in recession – becomes a growth area once again,” he told France’s Itele news. Merkel could start by implementing a minimum wage that would improve conditions for many low-paid German workers, boost domestic demand and help balance out its trade surplus, the French socialist said. His cabinet colleague, Finance Minister Pierre Moscovici, said Paris also sought “more ambitious integration including completion of certain projects such as a banking union”. Diplomats said Germany, which has voiced alarm at France’s economic weakness and told Paris it cannot carry the euro zone on its own, is pressing for more EU control over national budget policies and economic reforms in countries under EU disciplinary procedures, including France. Days before the election, Merkel’s office sent Paris proposals for euro zone states to sign binding “competitiveness contracts” committing to reforms of pensions, labour markets and welfare systems, enforceable in the European Court of Justice. The French hate the idea, which would further erode national economic sovereignty, and are hoping other states will join in resisting it or watering it down, the diplomats said. It may take Merkel two months to form a governing coalition before she can turn her attention fully to Europe. Brussels officials have all but written off the chances of progress at the next EU summit in late October, putting back key decisions on the future of the euro zone till mid-December. Politicians and analysts in southern Europe voiced hopes for a “grand coalition” in which the centre-left Social Democrats (SPD), who finished second in the poll, would soften Merkel’s austerity policies and support economic stimulus measures.

Challenges in Europe await Merkel after resounding victory

The U.S. market could have turned out much like that. In fact, with the telephone industry, it did. But then the FCC decided not to regulate broadband the same way. Whereas telecom providers had to practice unbundling, Internet providers didn’t the better to encourage them to build more infrastructure , or so the logic went. If all the companies expected to freeload, nobody would take the responsibility to lay the cables. Today, that means every ISP owns its own network. But it also means there are fewer competitors in the marketplace. “In the year 2000, there were 9,000 ISPs in the United States,” Kehl told me. After the FCC steered clear of unbundling for broadband, she said, the number fell by 74 percent to less than 2,500 in 2005. Now that the market for broadband has become so empty, net neutrality is one of the few policies that can keep the Internet open and affordable, Kehl said.

What Europe can teach us about keeping the Internet open and free

Ultibro Breezhaler was approved as a once-daily maintenance bronchodilator treatment to relieve symptoms in adults suffering from COPD. Moreover, Ultibro inhalation capsules were approved in Japan to relieve various symptoms due to airway obstruction in COPD patients. Ultibro Breezhaler is a fixed-dose combination of Onbrez Breezhaler and Seebri Breezhaler. The approval in Europe does not surprise us as Novartis received a positive opinion from the CHMP on Ultibro Breezhaler as a maintenance bronchodilator treatment to relieve symptoms in adults with COPD in Jul 2013. The approval was based on positive data from a phase III clinical trial, IGNITE. The IGNITE programme included 11 studies and was conducted in over 52 countries by Novartis among 10,000 patients suffering from COPD. The first eight studies, completed in 2012, showed that Ultibro Breezhaler can significantly improve lung function as compared to several current standard treatments. The data from the studies also revealed that patients treated with Ultibro Breezhaler showed significant symptomatic improvements in breathlessness, exercise tolerance, rescue medication use and health-related quality of life as compared to placebo. Meanwhile, Novartis also has another pipeline candidate, BYM338, which is being developed for COPD. We remind investors that Theravance, Inc. ( THRX ) is also developing its COPD candidate in partnership with GlaxoSmithKline ( GSK ). Last week, the CHMP recommended the approval of their candidate fluticasone furoate/vilanterol (proposed brand name: Relvar Ellipta) in Europe for the symptomatic treatment of adults suffering from COPD and asthma. A final decision on the candidate from the European Commission is expected by year end.