World
Brussels makes overture to Berlin with new rules to cut down deficit
The talk on the best way to adapt the European Union’s long-standing fiscal guidelines to the financial actuality that has emerged from successive crises entered a brand new chapter on Wednesday, because the European Fee unveiled a collection of much-anticipated legislative proposals that featured a number of parts meant to allay the issues of 1 explicit nation: Germany.
As a part of the revision, Brussels has added a safeguard that can compel member states with deficits exceeding 3% of gross home product (GDP) to make changes value no less than 0.5% of their GDP yearly till they fall again in line.
In accordance with 2022 information, nations like Italy, Hungary, Romania, Malta, Spain and France are the likeliest to fall beneath the corrective mechanism.
Germany had beforehand requested minimal targets to make sure a ample debt discount on an annual foundation, going so far as suggesting a 1% price for extremely indebted states. The Netherlands, one other nation identified for advocating prudent spending, has additionally known as for related benchmarks, however with out specifying the numerical vary.
Though the Fee’s proposal doesn’t go so far as what Germany might need anticipated, it does characterize a notable deviation from a preliminary report launched in November, by which the chief outright rejected any form of one-size-fits-all strategy to debt discount.
“Now we have listened to the views of various member states, we’ve got listened to the European Parliament, to social companions, to totally different stakeholders,” mentioned Valdis Dombrovskis, the European Fee’s govt vp, whereas presenting the proposals.
“What we’re placing ahead we imagine is a balanced bundle that takes all these totally different inputs into consideration.”
Talking by his facet, Paolo Gentiloni, the European Commissioner for economic system, mentioned the draft texts would assist “construct a consensus to bridge” present disagreements and urged co-legislators to wrap up discussions by the tip of the 12 months.
However the overture did not win over Berlin: shortly after the presentation, German Finance Minister Christian Lindner delivered his private rebuke.
“The proposals of the European Fee don’t but meet the necessities of Germany,” Lindner mentioned in a brief assertion.
“We work in a constructive method however nobody ought to be beneath the misunderstanding that Germany will mechanically consent to the proposals. We’ll solely comply with guidelines that allow a dependable path to decrease money owed and secure public funds.”
A spokesperson for the Dutch authorities issued a extra reasonable response and underlined the revised guidelines ought to result in “bold debt discount” in addition to “higher compliance and enforcement.”
‘No heel-dragging’
Underneath present guidelines, all EU governments are required to maintain their price range deficits under 3% of gross home product (GDP) and their public debt ranges under 60% in relation to GDP, thresholds that many nations exceed after years of intense spending to cushion the affect of the COVID-19 pandemic, Russia’s struggle in Ukraine and exceptionally excessive vitality costs.
Within the final quarter of 2022, debt throughout the bloc stood at 84% however was a lot increased in nations like Greece, Italy and Portugal.
The enforcement of the fiscal guidelines has been suspended because the onset of the coronavirus and is scheduled to be reactivated in 2024 beneath a revised kind.
Whereas the Fee is intent on sustaining each the three% and the 60% aims, it considers the general framework to be out of date and out of contact with the shifting financial panorama and the transition in the direction of a climate-neutral society.
The reform designed by the chief envisions better possession and adaptability for governments, who will now be requested to design their very own mid-term fiscal plans to deliver debt again to sustainable ranges. The country-specific blueprints will likely be negotiated between every capital and the Fee and later authorized by the EU Council, following the mannequin of the COVID-19 restoration fund.
The fiscal changes essential to satisfy – or no less than head in the direction of – the three% and 60% targets will likely be carried out over a interval of 4 years, extendable to seven in trade for additional reforms.
However this renewed give attention to nationwide traits has triggered concern in some nations, together with Germany and the Netherlands, who concern non-compliant governments will get pleasure from an excessive amount of discretion in how they sanitise their public funds.
The Fee has now picked up the slack and launched 4 safeguards to ensure what Dombrovskis known as “transparency and equal therapy” among the many 27 member states.
- International locations whose deficit exceeds 3% of GDP might want to make annual changes value 0.5% of GDP till the deficit falls under the mark.
- The debt-to-GDP ratio have to be visibly decrease on the finish of the four-year plan.
- In case the plan is prolonged to seven years, the vast majority of the fiscal corrections ought to happen within the first 4 years, moderately than being delayed to the very finish.
- Web expenditure should at all times stay under potential financial progress.
Moreover, any nation that strays from the mid-term plan agreed with the Fee will likely be mechanically topic to a so-called Extreme Deficit Process (EDP), which might finally result in monetary sanctions.
“No heel-dragging, no backloading: member states is not going to be allowed to push again fiscal changes to a later date,” Dombrovskis mentioned.
Brussels will anticipate nations to meticulously abide by the phrases specified by the mid-term plan, even when the federal government modifications priorities after an election. There will likely be, nonetheless, a risk of negotiating an modification to have in mind new financial circumstances.
Solely in excessive instances of hardship or disruption will the Fee set off the escape clause to droop the enforcement of the fiscal guidelines, as was the case throughout the COVID-19 pandemic.
The bundle of legislative proposals unveiled on Wednesday nonetheless must be mentioned by member states and the European Parliament, a course of that’s poised to be heated and divisive.
Nils Redeker, deputy director on the Berlin workplace of the Jacques Delors Centre, mentioned the safeguards designed by Brussels had been a “affordable supply” and “clearly an try and get Germany on board” however weren’t as robust as what Berlin had demanded.
“They supply the premise for negotiations to come back and, after all, some member states will likely be very sad with this,” Redeker advised Euronews.
“In the long run, it should depend upon the touchdown zone for the benchmarks that we’ve got now on the desk. I am undecided the 0.5% will survive negotiations.”
World
The Year in Pictures 2024: Far From Ordinary
When shots were fired at a campaign rally for former President Donald J. Trump on a July evening in Butler, Pa., the veteran New York Times photographer Doug Mills was just a few feet from him. As the Secret Service rushed toward Mr. Trump, Mr. Mills’s heart pounded when he realized what was happening.
Then instinct took over. Mr. Mills kept taking pictures, at an extremely fast shutter speed of one eight-thousandth of a second, capturing an image that illustrates the magnitude of that moment: Mr. Trump, his face streaked with blood, his fist raised in defiance.
This year was made up of such extraordinary moments. And Times photographers captured them in extraordinary images. The Year in Pictures brings you the most powerful, evocative and history-making of those images — and allows you to see the biggest stories of 2024 through our photographers’ eyes.
The presidential campaign — full of twists and turns — provided some of our most memorable photos. Kenny Holston captured a shaky President Biden struggling to find his footing in what turned out to be his only debate of the 2024 election. Erin Schaff conveyed the exhilaration surrounding Vice President Kamala Harris in the short sprint of her campaign. And Todd Heisler brought home the excitement of an 8-year-old girl in pigtails, Ms. Harris’s great-niece, who watched with pride as Ms. Harris accepted her party’s nomination for president.
Yet even as the American political campaign intensified, wars ground on overseas, creating new dangers and obstacles for our photojournalists determined to document the fighting. The war between Hamas and Israel escalated into a regional conflict, and our photographers depicted the Israeli airstrikes on Lebanon, the families forced to flee their homes and the neighborhoods reduced to rubble.
When Israeli forces recovered the bodies of six hostages in Gaza, our photographers revealed the pain of the captives’ families as they cried out at their loved ones’ funerals after 11 months of anguished waiting. And last month, Samar Abu Elouf, a Palestinian photographer for The Times, delivered some of the most indelible images of the year: a series of portraits of Gazans horribly injured in the war, including children who had lost arms, legs or eyes.
Children were also central to the work of Lynsey Addario, a veteran photographer who has been chronicling the war in Ukraine since Russia first invaded in 2022. Ms. Addario’s images tell the stories of young Ukrainians with cancer whose treatment was disrupted by the war, often with devastating results. One, a 5-year-old girl whose chemotherapy was upended by the Russian invasion, ultimately lost her life.
Our photographers embrace their calling of bearing witness to history, showing readers the atrocities and the suffering that might otherwise be overlooked. But they also see their mission more broadly, and aim to depict the richness and color of life by regularly bringing us pictures that delight and surprise.
Take the photo by Hiroko Masuike from the ticker-tape parade in October for the New York Liberty women’s basketball team. The young fans pictured radiate a kind of awe-struck joy, screaming to the players by name. Or the photographs that show the sense of wonder on the faces of people at Niagara Falls as they bask in the magic of a solar eclipse in April.
We hope you can spend some time with these pictures, and take in our photographers’ reflections on them. This collection of images is a way to remember the year, but it is also, we hope, an opportunity to better understand their craft and their devotion to producing the world’s best photojournalism.
Curation
Tanner Curtis, Jeffrey Henson Scales
Interviews
Dionne Searcey
Editing
Natasha King
Digital Design
Matt Ruby
Print Design
Mary Jane Callister, Felicia Vasquez
Production
Peter Blair, Eric Dyer, Wendy Lu, Nancy Ramsey, Jessica Schnall, Hannah Wulkan
Additional Production
Anna Diamond
New York Times Director of Photography
Meaghan Looram
World
French high court upholds ex-president's corruption conviction
France’s highest court has upheld an appeal court decision which had found former President Nicolas Sarkozy guilty of corruption and influence peddling while he was the country’s head of state.
Sarkozy, 69, faces a year in prison, but is expected to ask to be detained at home with an electronic bracelet — as is the case for any sentence of two years or less.
He was found guilty of corruption and influence peddling by both a Paris court in 2021 and an appeals court in 2023 for trying to bribe a magistrate in exchange for information about a legal case in which he was implicated.
“The convictions and sentences are therefore final,” a Court of Cassation statement on Wednesday said.
FRANCE’S MACRON NAMES CENTRIST ALLY BAYROU AS NEXT PRIME MINISTER
Sarkozy, who was France’s president from 2007 to 2012, retired from public life in 2017 though still plays an influential role in French conservative politics. He was among the guests who attended the reopening of Notre Dame Cathedral earlier this month.
Sarkozy, in a statement posted on X, said “I will assume my responsibilities and face all the consequences.”
He added: “I have no intention of complaining. But I am not prepared to accept the profound injustice done to me.”
Sarkozy said he will seek to bring the case to the European Court of Human Rights, and hopes those proceedings will result in “France being condemned.”
He reiterated his “full innocence.”
“My determination is total in this case as in all others,” he concluded.
Sarkozy’s lawyer, Patrice Spinosi, said his client “will comply” with the ruling. This means the former president will have to wear an electronic bracelet, Spinosi said.
It is the first time in France’s modern history that a former president has been convicted and sentenced to a prison term for actions during his term.
Sarkozy’s predecessor, Jacques Chirac, was found guilty in 2011 of misuse of public money during his time as Paris mayor and was given a two-year suspended prison sentence.
Sarkozy has been involved in several other legal cases. He has denied any wrongdoing.
He faces another trial next month in Paris over accusations he took millions of dollars from then-Libyan dictator Moammar Gadhafi to illegally finance his successful 2007 campaign.
The corruption case that led to Wednesday’s ruling focused on phone conversations that took place in February 2014.
At the time, investigative judges had launched an inquiry into the financing of Sarkozy’s 2007 presidential campaign. During the inquiry, they discovered that Sarkozy and his lawyer, Thierry Herzog, were communicating via secret mobile phones registered to the alias “Paul Bismuth.”
Wiretapped conversations on those phones led prosecutors to suspect Sarkozy and Herzog of promising magistrate Gilbert Azibert a job in Monaco in exchange for leaking information about another legal case involving Sarkozy. Azibert never got the post and legal proceedings against Sarkozy have been dropped in the case he was seeking information about.
Prosecutors had concluded, however, that the proposal still constitutes corruption under French law, even if the promise wasn’t fulfilled. Sarkozy vigorously denied any malicious intention in his offer to help Azibert.
Azibert and Herzog have also been found guilty in the case.
World
EU ministers water down proposal on child sexual abuse
A proposal on combatting child sexual abuse has been watered down by some EU justice ministers, with others expressing their regret at certain elements of the proposal being removed entirely.
With the development of new technologies, sexual abuse of children has seen a rise in Europe.
The EU is therefore looking to update its directive on combatting the sexual abuse and sexual exploitation of children, which dates back to 2011.
However, the EU Commission’s initial proposal has been watered down by the justice ministers of several EU countries. Seven Member States, which include Belgium, Finland and Ireland, expressed their regret at the removal of certain parts of the proposal.
“We deeply regret that the majority of Member States were unable to support a more ambitious approach aimed at ensuring that children who have reached the age of sexual consent receive the strongest and most comprehensive legal protection possible against unwanted sexual acts,” they wrote in a press release.
Key issues remained unaddressed
Isaline Wittorski, EU regional coordinator at child rights organisation ECPAT International, is particularly concerned regarding Member States’ opposition to the extension of the limitation period for pursuing child sexual abuse cases.
She also regrets that “grooming” – the process by which an adult intentionally approaches minors and manipulates them for sexual purposes – for children who have reached the age of sexual consent was not addressed by the Council.
“The Member States expressly refused to recognise in the text that a child in a state of shock or intoxication cannot be considered to have consented to sexual abuse”, she adds.
Harmonisation of penalties
The Commission’s proposal aims to harmonise the definition of sexual violence against minors and penalties within the EU.
It will also update criminal law in order to criminalise the rape of children broadcast live on the internet, as well as the possession and exchange of paedophile manuals and child abuse deepfakes.
MEPs, for their part, should support a more ambitious directive. Birgit Sippel, a German MEP (S&D), is calling for longer limitation periods.
“Many children who have been abused take years or even decades before they dare to go to court or to a police station. So this is a very important step that is missing from the current directive,” the MEP told Euronews.
“Unfortunately, what I see is that the Council is watering down almost everything that could improve the current directive. It will therefore be very important for the EU Parliament to maintain a very strong position and force the Council to go further and not limit itself to the current directive,” she added.
The proposal’s text can still be amended. After a vote by MEPs, negotiations will take place between the EU Commission, the European Council and the European Parliament.
It is estimated that one in five children in Europe is a victim of some form of sexual violence.
In 2022 alone, there were 1.5 million reports of child sexual abuse in the EU.
Ministers also failed to reach agreement on another regulatory text aimed at combatting the sexual abuse of children online, which aims to force platforms to detect and remove content depicting sexual violence against minors. This proposal caused a clash between children’s rights defenders and privacy protection lobbies.
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