In the 1980s, the CDU kept neo-Nazis down by accepting all legitimate conservative views.
Joseph C. Sternberg
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Tag: European Union Countries
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Opinion | A German Lesson for the Heritage Foundation
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Louvre Skimped on Security to Spend on Art in Years Before Heist, Says Auditor
PARIS—France’s state auditor issued a searing assessment of the Louvre Museum’s finances on Thursday, alleging its management prioritized the acquisition of new artworks over the maintenance and security of its existing collection.
The auditor released its 153-page report after a team of thieves used low-tech methods to break into the museum last month and steal France’s crown jewels, drawing attention to the Louvre’s porous security.
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Noemie Bisserbe
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Eurozone Retail Sales Edge Lower Despite Improving Sentiment
Retail sales in the eurozone unexpectedly inched lower in September, contrasting with some of the rosier sentiment among consumers in recent months.
Volumes fell back 0.1%, the same rate as in August, statistics agency Eurostat said Thursday. Economists polled by The Wall Street Journal had instead expected a 0.2% increase.
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Ed Frankl
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German Industrial Production Rebounds Weakly Amid Tentative Hopes Over Outlook
Industrial production in Europe’s largest economy rebounded less than expected in September, amid hopes that the outlook could be changing for the sector ahead of large-scale government investment.
Output rose 1.3% on month, Germany’s statistics agency Destatis said Thursday, offsetting some of the 3.7% decline in August. Economists polled by The Wall Street Journal expected a larger 2.5% uptick.
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Ed Frankl
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France to Suspend Shein Sales After Finding Childlike Sex Dolls
The French government moved to temporarily suspend Shein’s website after authorities discovered sex dolls resembling children were being sold on its platform.
The French finance ministry said Wednesday that it had begun the process to suspend Shein for “the time necessary for the platform to demonstrate” it has scrubbed its site of illegal products.
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Chelsey Dulaney
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Europe’s Role Reversal: The Problem Economies Are Now Further North
The European debt crisis of the early 2010s created an image of a continent cleaved in two: The fiscally responsible core countries led by Germany versus the spendthrift southern periphery of Portugal, Italy, Greece and Spain—disdainfully dubbed PIGS.
Nowadays, there has been a role reversal. Europe’s three biggest economies are stuck in a cycle of weak growth, leading to widening budget deficits. France is the epicenter of this shift and remains mired in a budget and political crisis, while the U.K. is eyeing tax hikes to try to narrow the gap and avoid spooking markets. Famously frugal Germany and the Netherlands are taking on debt, albeit from lower levels.
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Chelsey Dulaney
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Opinion | A U.S. Troop Exit From Eastern Europe?
It’s a safe bet that most Americans won’t notice if the U.S. pulls an Army brigade out of Romania, but you can bet Vladimir Putin will. Behind a reshuffling of U.S. forces abroad is a larger debate within the Trump Administration about America’s posture in the world, and senior Republicans in Congress are expressing alarm.
The U.S. Army confirmed last week that soldiers from a brigade combat team of the 101st Airborne Division will return to Kentucky “without replacement.” Romania’s defense ministry called the decision “an effect of the new priorities of the presidential administration”—that is, the Trump Pentagon. About 1,000 troops will remain in the country, and the U.S. footprint in Romania is a small share of the roughly 85,000 troops on the continent.
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[ad_2] The Editorial Board
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Inside the Low-Tech Heist That Penetrated the Louvre
PARIS—The thieves had prepared a jerry can of gasoline to quickly set fire to the truck-mounted lift and other equipment they had just used to penetrate the Louvre Museum and steal France’s crown jewels.
A blaze might have destroyed evidence linking them to the crime. But the clock was ticking. Security forces were closing in. So the thieves made a critical decision: They left the truck intact and jumped on their scooters to make a getaway along the Seine River.
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Stacy Meichtry
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Dutch Hard-Right Leader Geert Wilders Set to Exit Power
Dutch firebrand Geert Wilders’s hard-right Freedom Party was on the brink of losing power after elections in the Netherlands on Wednesday, indicating that Europe’s populist politicians who draw strong support while in opposition can struggle once they are in government.
The Freedom Party was on track to place second in parliamentary elections, according to exit polls, with a sharp drop in support, as voters punished Wilders’s party for failing to deliver on its promises.
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Laurence Norman
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U.S. Reduces Troop Numbers in Romania, Signaling Shifting Priorities
The Pentagon will no longer rotate Army combat brigades through Romania as part of a strategy that focuses on Asia and Latin America.
Michael R. Gordon
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With Sarkozy in Prison, France Asks: Has the Judiciary Gone Too Far?
PARIS—French courts have delivered one shock ruling after another this year, testing the balance of power between the country’s fiercely independent judiciary and its political leadership.
In March, a court banned far-right leader Marine Le Pen from running for office for five years after finding her guilty of embezzling European Union funds. Then, on Tuesday, conservative Nicolas Sarkozy became the first former president to see the inside of a prison cell, after judges sentenced him to five years for conspiring to obtain campaign funds from Libyan strongman Moammar Gadhafi.
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Stacy Meichtry
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Russia’s Central Bank Cuts Key Rate as New Sanctions Loom
Russia’s central bank on Friday lowered its key interest rate for a fourth straight meeting as an already slowing economy braces for the impact of fresh sanctions from the U.S. and the European Union in response to President Vladimir Putin’s continued war on Ukraine.
The Bank of Russia cut its key rate to 16.5% from 17%, having begun to lower borrowing costs from a recent peak of 21% in June. The move was smaller than previous cuts.
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Paul Hannon
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Sarkozy’s Five-Year Prison Term Starts With Fingerprints and a Mug Shot
PARIS—Former President Nicolas Sarkozy began a five-year prison sentence on Tuesday, marking an unprecedented downfall for a French ex-head of state who rose to power as a political outsider with blunt law-and-order rhetoric.
A motorcade of police escorted the 70-year-old from his home in the tony 16th arrondissement to the gates of Paris-La Santé prison in the heart of the French capital. There, guards took him into custody, leading him down to a basement office where he underwent a search and had his fingerprints taken. He then received an inmate number and had his mug shot taken before guards brought him to his cell in the isolation ward.
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Noemie Bisserbe
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Vestas Shelves Plan for Polish Wind Turbine Factory on Low European Demand
Vestas Wind Systems VWS -3.14%decrease; red down pointing triangle
The Danish wind turbine maker last year unveiled plans to build a new blade factory in Szczecin, near the Baltic Sea coast, to support Europe’s build-out of offshore wind parks.
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Dominic Chopping
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Heist at Louvre Leaves Museum Missing Priceless Jewels
PARIS—Tourists were streaming into the world’s most visited museum on Sunday morning when a group of thieves burst in through a window of a gilded gallery on the second floor—and made off with a set of priceless royal jewels.
Over the course of only seven minutes, three or four individuals used a truck-mounted elevator to reach a balcony outside the Galerie d’Apollon, which houses France’s crown jewels, French officials said. There, the thieves used an angle grinder to cut a hole in a window to get inside, they added.
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Sam Schechner
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