Wednesday, February 27, 2019

Albrecht Glaser, February 21, 2019, Brexit


Albrecht Glaser
Brexit Legislation
German Bundestag, February 21, 2019, Plenarprotokoll 19/83, pp. 9785-9786 

[Albrecht Glaser is an Alternative für Deutschland Bundestag member from the central German state of Hessen. He has a number of years of experience as a public administrator and elected official and is currently a member of the Bundestag finance committee.] 

Herr President. Honored ladies and gentlemen. Honored fellow citizens - those who are still there – a hearty welcome. 

On March 29, 2019, at 11 PM, the British exit from the EU will take effect. This step was desired by a narrow majority of the British electorate on June 23, 2016. Whether or not it will result in a treaty, we do not know – apparently not. 

In 1973 the United Kingdom joined the EWG [European Economic Community]. In 1975 this decision of the British government was also agreed to by a wide majority in a popular referendum. In the 70s and 80s a preponderance of trades union members and officials demanded England’s exit from the EWG. Since the 90s, an exit has been demanded by an Independence party founded for this purpose as well as by several conservative politicians. The question “National State or Union of States with Discernible Development into a Super-State” has thus been put to this country for decades and, with great import for world history, will now be answered in favor of a far-reaching national sovereignty.

Considered by the world norm, the Kingdom returns to normality. Other than Europe, on no other continent is there a process of de-nationalization and with it the de-democratization in favor of supra-national quasi-states. From China, Japan and Russia, across Africa to South America, is it nowhere discernible that such a development is appearing, although one could most nearly propose something of such a fantasy in South America due to language and cultural affinities. 

Generally in the world, there have continually been military conflicts between states, especially between neighbors. Nowhere in the world is the Über-state seen as a problem solver for peace, democracy and human rights. Europeans should reflectively concur on that. 

As is well known, the grumbling of the people is to be heard in Europe. Its denunciation as nationalism and provincialism will be properly taken as the arrogance of the economic and political elite. How one is to best build a secure as possible world is an open question. Europe thereby does not become the orientation standard for the rest of the world – and with its decreasing population, the steady regression of its portion of the world economic performance, and its military agony – from year to year always less so.  

Today we are to dispose of two drafts of exit accompaniment laws which should shield citizens and businesses from Brexit. We regard these from the financial perspective as being reasonable; they ought to be fashioned with the discretion as would have been necessary in earlier negotiations. 

In regards finance, ten laws in eleven articles will be altered, from income tax law to pension fund supervisory regulation, of which each of you has heard. The government with its draft has corrected much and, nevertheless, forgotten much. It would have been more fair to conduct a public hearing of experts and, in our view, more surprising were the numerous suggestions also actually converted into substance. 

To the original 20 specific alterations of law are now a further 11 to be added. They refer to inheritance and gift tax, the real estate earning tax, the payments service supervisory law and the securities transaction law. We see a difficult detail work which is nevertheless of great importance for the real life of citizens and businesses. To represent that – as has been suggested – I can cite: 

Due to Brexit’s legal requirements, a dwelling in England requiring repair must not be disposed of. Building savings banks must leave their invested capital in England. Damage clauses in insurance policies with English businesses shall, for an interim period, be able to continue in effect. The British business form of Limited Company in Germany can be converted into a business of German legal form without having to reveal silent reserves. An exemptions clause for family businesses in Germany which have a British share of assets and much else are further subjects of these regulations. 

Together with this legislation, the federal government contemplates the introduction of a special notice of affairs for financial institution risk carriers; there have been discussions thereon. It seems plausible and meets with our agreement. 

The consultation process – I want to expressly emphasize this – in the finance committee, as well as the news conferences, are conducted factually and seriously. 

            Fritz Güntzler (CDU/CSU): As always!

Accordingly, the results are good and the entire legislative proposal meets with our approval… We will reject the motions of the FDP and the Linke. 

Otherwise, it is as I have reported and I have reported throughout with great calm and joy. 

Hearty thanks.




[Translated by Todd Martin]