Daily Sabah
While the EU fades away


Europe is running toward a political crisis as one can understand from the elections for the European Parliament (EP) and incidents in countries like Greece which the European crisis is affecting. This crisis in Europe will undoubtedly be escalated by political incidents that emerged with the annexation of Crimea by Russia and changing Europe's borders. The European Parliament elections have yet to find a cure for the crisis. On the contrary, it will export the crisis to its periphery, thus applying a tough test for countries that deepen the crisis like Germany. The elections, to us, will cause the political crisis in the EU to come to light and entirely unite with the economic crisis. England, not integrated in the eurozone, has been giving signs of this fact all along the line.U.K. Prime Minister David Cameron, leader of the Conservative Party, has often stressed that he will put the EU membership of the country since 1973 to a referendum in 2017. In the EP elections held in 2009, the Conservative Party was able garner 27 percent of the votes and put 25 members into the parliament. Cameron said, "The Labor Party and the Liberals think there is no problem in Europe. Yet, The United Kingdom Independence Party (UKIP) expresses nothing is true in Europe. When it comes to us, we think Europe has to change and the matter should be presented to public opinion." One sure thing is that the UKIP embraces a racist approach against the migrant policies of the EU and this approach rose from the grave just like before the World War II. As a matter of fact, the UKIP, known for its policies against the EU and its migrant policies, built its election campaign on the migrant policies of the EU.On the other hand, Syriza Party is the favorite in upcoming elections in Greece. If Syriza wins the election, this may trigger a radical wave of change starting from Greece down to southern Europe. However, the contrary is also possible. Namely, if parties like Syriza which will take the opposition to the system from the streets and bring in the parliament cannot get the expected result, then the street opposition will come to the fore as a systemic problem. Hence, the European Parliament elections and individual elections in Europe will draw the future route of Europe. Should the policy of ceasing the expansion in Europe that is insinuatingly led by Germany, and dragging the EU to a new, conservative, German-centered coalition be overridden and if England brings the EU membership to the table after the elections as Cameron implied, the Euro's future could be at risk, let alone the political union of the EU. I suppose, the European Central Bank (ECB) will not rush to a new expansion policy as it is aware of these vital political risks. ECB will wait and see what Germany and nationstatist conservative finance and war capital, which wants to convert the EU into a club of rich nations, will gain. Let me make clear that this German-centered conservative capital does not, in fact, radically object to the new expansionary policy of Russia because Germany is a partner of all projects Russia developed toward Europe. European finance capital and Russian oligarch capital have always been hand in hand. So, Merkel's expressions about Putin are just a kind of camouflage. That is why both the conservative German capital in pursuit of a 4th Reich and its finance capital regard Europe as their own periphery starting from Balkans and want to hold those countries at hand in terms of both energy and human capital. This being the case, both Germany and Russia are totally against the new energy policy which Turkey developed through the Southern Gas Corridor that will independently provide Europe across Anatolia and the Mediterranean. This is one of the most significant reasons why the Turkish prime minister became the target of Nazi remnants at this very time.Another problem of the old and crisisstricken Europe is the unsustainable situation of Switzerland, which is the dirty safe box of nation-states.The second-biggest bank in Switzerland, world-renown Credit Suisse had to admit in a case filed in the U.S. that they have helped taxpayers from the U.S. evade taxes by concealing their assets and was ordered to pay compensation totaling $2.6 billion (TL 5.44 billion). However, the biggest bank in Switzerland, UBSS had formerly made a deal with the U.S. Ministry of Justice, paid a fine of $780 million and handed in all "suspected" names wanted by the U.S. to the Ministry and FBI, thus declaring that "the old way" is over in 2009. This date is critical as Obama came into power in 2008 and started a new era not only in the U.S. but also around the globe. Well, what finished and what started? We can briefly say that a whole system that lived through the 20th century, that was based on nation states, their market shares and hierarchy finished. Undoubtedly, the nation-state economy was collapsing in relation to the crisis.The main characteristic of this economy was that sectors based on war were sharing national markets and bringing forward an interstate economy rather than an interpersonal economy. In this kind of economy, dominant nations and their hierarchic structure, inequality between countries and regions, the prevalence of West on East and North on South came to the fore. Switzerland was the safe box of this statist monopoly economy. Bureaucratic oligarchies of nationstates used to take the money they obtained from bribery, arms trade, drug trafficking to banks like UBS or Credit Suisse, who now have to admit their guilt. Moreover, they did not care about the interest of those fortunes at all. Now, this sterilized dumpsite is closing. That is the way Europe will fade away.