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Sigmund, Thomas

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2 articles of this author have been cited in the European Press Review so far.

Handelsblatt - Germany | 17/11/2015

G20 won't be goaded into violence

The G20 group of the twenty most important economies decided at its summit in Turkey on Monday to block the flow of funding to terrorists, improve border protection and intensify collaboration among intelligence services. In the wake of the Paris attacks this is more than a minimal consensus, the liberal business daily Handelsblatt concludes: "At an international level these measures are likely to be laughed at by the hardliners who mock the G20. They call it a helpless giant and are already talking about a ground offensive against the IS. But precisely this carefully reflected and restrained stance conveys the real message. The international community won't be cajoled into repaying hatred and violence with more hatred and violence, even if France and the US have intensified their airstrikes against the terrorists. Clearly no state wants a merciless offensive like those in Iraq or Afghanistan to bomb the way to a solution for Syria. Instead, a peace process is to be launched through the United Nations that paves the way for peace in the country."

Handelsblatt - Germany | 21/11/2012

Too much state bad for EADS

The German government is preparing to buy a stake in the European aerospace and defence company EADS, according to news reports. Unlike Spain and France, the German state does not have a direct stake in the company. The liberal business daily Handelsblatt is severely critical of this intervention in the market: "The arguments that tens of thousands of jobs are at risk here and that there is a danger that the group's cutting-edge technology could end up in foreign hands are not enough to justify such massive intervention. According to this logic the German government would have to hold a stake in all the other German defence companies, which it doesn't. ... The fine balance between shareholders France and Germany has already prevented the creation of an independent, globally active aerospace company to rival the US's Boeing in the past. Now we face the prospect of an exhausting and crippling struggle between German and French politicians intent on pushing through their respective national interests in matters such as where airplanes, helicopters and satellites are to be built."

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