Should Europe collapse, Switzerland is preparing for a disaster. Why? The financial problems facing the Euro Zone must be significantly worse than anyone could imagine otherwise why would this traditionally neutral country would be preparing for the worst.
Will we see riots in France, Greece, Italy and others? What effect will it have on other European countries?
Lots of questions and very few answers. Most of the answers will become apparent when the financial leaders of the Euro-zone decide how they will solve their problems. The result will range from a minor blimp to a financial disaster. Let's hope they are smarter than the Obama Administration.
Conservative Tom
By CNBC | CNBC – 1 hour 7 minutes ago
Swiss Defense Minister Ueli Maurer, left, visits a tank recruit school.Switzerland launched the military exercise "Stabilo Due" in September to respond to the current instability in Europe and to test the speed at which its army can be dispatched. The country is not a member of the union or among the 17 countries that share the euro.
"I can't exclude that in the coming years we may need the army," he said.
According to the minister, under pressure to save, some European countries didn't renew their armies as they could no longer afford the upkeep of modern systems.
He said that the situation could amplify dramatically, with countries that couldn't defend themselves facing the possibility of "blackmail." In the paper, he also asked how long the crisis could be calmed with money alone.
Der Sonntag newspaper also reported that army chief André Blattmann is set to submit a proposal in December to utilize four battalions of military police. This will consist of 1,600 soldiers guarding strategic points in the country including the airport, industrial plants, and the international organizations in Geneva.
Protests have taken place in numerous European cities since the financial crisis hit the continent in 2008. In September, 70,000 people marched to the Greek Parliament in Athens and the protests ended with demonstrators clashing with police.
Last week, at least 7,000 plainclothes police and hundreds more undercover agents were mobilized to lock down Athens. Snipers, commandos, frogmen, and helicopters were also present as German Chancellor Angela Merkel visited the country and thousands of protesters streamed into Syntagma square.
Will we see riots in France, Greece, Italy and others? What effect will it have on other European countries?
Lots of questions and very few answers. Most of the answers will become apparent when the financial leaders of the Euro-zone decide how they will solve their problems. The result will range from a minor blimp to a financial disaster. Let's hope they are smarter than the Obama Administration.
Conservative Tom
Switzerland Prepares Army for Euro Zone Fallout
By CNBC | CNBC – 1 hour 7 minutes ago
@cnbc on Twitter
With anti-austerity protests across Europe resulting in civil unrest on the streets of Athens and Madrid, the European country famed for its neutrality is taking unusual precautions.
Swiss Defense Minister Ueli Maurer, left, visits a tank recruit school.Switzerland launched the military exercise "Stabilo Due" in September to respond to the current instability in Europe and to test the speed at which its army can be dispatched. The country is not a member of the union or among the 17 countries that share the euro.
Swiss newspaper Der Sonntag reported recently that the exercise centered around a risk map created in 2010, where army staff detailed the threat of internal unrest between warring factions as well as the possibility of refugees from Greece, Spain, Italy, France, and Portugal.
The Swiss defense ministry told CNBC that it does not rule out having to deploy troops in the coming years.
"It's not excluded that the consequences of the financial crisis in Switzerland can lead to protests and violence," a spokesperson told CNBC.com. "The army must be ready when the police in such cases requests for subsidiary help."
Some 2,000 troops were part of the drill exercise in eight different towns across the country. Infantry soldiers were used as well as the Air Force and special forces personnel in an assignment that took years to organize.
Some 2,000 troops were part of the drill exercise in eight different towns across the country. Infantry soldiers were used as well as the Air Force and special forces personnel in an assignment that took years to organize.
Quoted in a Schweizer Soldat magazine, Defense Minister Ueli Maurer warned of an escalation of violence in Europe.
"I can't exclude that in the coming years we may need the army," he said.
According to the minister, under pressure to save, some European countries didn't renew their armies as they could no longer afford the upkeep of modern systems.
He said that the situation could amplify dramatically, with countries that couldn't defend themselves facing the possibility of "blackmail." In the paper, he also asked how long the crisis could be calmed with money alone.
Der Sonntag newspaper also reported that army chief André Blattmann is set to submit a proposal in December to utilize four battalions of military police. This will consist of 1,600 soldiers guarding strategic points in the country including the airport, industrial plants, and the international organizations in Geneva.
Protests have taken place in numerous European cities since the financial crisis hit the continent in 2008. In September, 70,000 people marched to the Greek Parliament in Athens and the protests ended with demonstrators clashing with police.
Last week, at least 7,000 plainclothes police and hundreds more undercover agents were mobilized to lock down Athens. Snipers, commandos, frogmen, and helicopters were also present as German Chancellor Angela Merkel visited the country and thousands of protesters streamed into Syntagma square.
No comments:
Post a Comment
Thanks for commenting. Your comments are needed for helping to improve the discussion.