Since my contribution to the paper on 8 April ended with the EU facing a huge existential choice, to be resolved the following day, we should update the story.
On 9 April a compromise was reached, as usual, as many Brussels old-timers would say. Finance ministers agreed on three measures mobilising €540 billion or about 3.6% of GDP:
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The European Stability Mechanism is to be activated for Eurozone countries up to the €240 billion, but borrowers will not face the usual macroeconomic policy conditionality, only the requirement to use the funds for countering Covid-19 damage to the economy and society.
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There will be €200 billion increased loan guarantees from the European Investment Bank to support small and medium-sized enterprises.
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There will be a new and temporary instrument, called ‘SURE’, under which the European Commission would raise loans of up to €100 billion, to be made available to member states which need support for their labour market measures, including short-time work and unemployment benefits.
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In addition there is agreement to work up a new Recovery Fund.
These new decisions are on top of fiscal measures by member states amounting to 3% of EU GDP, and additional monetary liquidity measures amounting to 16% of GDP.
So the amounts are massive, with more to come. Where does this leave the EU, given the high tensions surrounding the negotiations?
The biggest issue of discord was the request from Italy, supported by Spain and with some nuance France, for something in the category of ‘Eurobonds’ or ‘Coronabonds’ to bring massive help the most needy member states without increasing their public debt, which is already very high in the case of Italy and Greece. The point of this proposition is that the borrower should be the EU, who would thus be responsible for servicing the debt, not the individual member states. ‘Mutualisation’ of the debt is the key word to represent this option.
This was contested by mostly northern member states, and most vociferously the Netherlands, who have made strong objections to anything that would result in transfers of financial grants, or aid that was not subject to conditions. Germany has adopted this same position in the past, but Angela Merkel’s recent speeches have hinted at some possible flexibility, with emphasis on the historic strategic responsibility that the EU come together to overcome the crisis.
The Dutch position was to insist both on use of the European Stability Mechanism for funding the most needy states, meaning that the beneficiary state and not the EU would be the borrower, and that such funding would be subject to conditions to avoid creating a ‘moral hazard’ for potential borrowers. The use of this term in the present Covid-19 context is generally repudiated in public opinion as being irrelevant – to put it lightly.
The compromise outcome was thus that while the European Stability Mechanism would be used, not the Eurobond or Coronabonds, the only condition would be that the funds be used to support public health and pandemic-related social policies. In addition the European Commission and European Investment Bank would undertake large scale borrowing or loan guarantee operation, and these operations mean that with the EU as borrower there is a degree of effective ‘mutualisation’.
So this is the compromise for the time being. The existential crisis is averted. But the story is far from finished. The overwhelming majority of academic economists and independent policy analysts in think tanks advocate more radical measures to assure the systemic sustainability of the EU. The mechanisms for this would come from the experience of various federations, and would see indeed mutualisation of large scale borrowing by the EU to fund measures to compensate for the deep recession that Covid-19 is imposing, such as unemployment or income maintenance programmes, or support for small and medium sized enterprises. These would be classic mechanisms of economic policy, but there is also a big political calculus at stake, notably what needs to be done to avoid a deepening estrangement toward the EU on the part of Italian public opinion.
As the lockdown continues, homeworking and video-conferencing reach a point that many commentators see now a permanent structural change to the global economy. Of course many will go back to the office or factory, but many will install themselves at home as their permanent work place. And much flying for business meetings and long-range touristic flying will be gone forever. Already Co2 emissions in urban centres have fallen drastically, maybe bringing climate policy objectives into sight of achievement. Could this become the big collateral impact of Covid-19? A global pandemic, threatening something on the scale of a medieval plague, was needed to save the planet from the irresponsibility of humankind’s behaviour over the last century. Have some Greek gods been at work?
The adjusted Ukrainian version of the op-ed was originally published in “European Pravda” (April 14, 2020).
Introduction
When it comes to planning your future education abroad, the importance of choosing the right immigration consultancy cannot be overelaborate. In Chandigarh, The Sunshine Immigration Consultancy stands out as the premier choice for individuals seeking reliable and expert guidance for study visas and the best immigration consultant in Chandigarh. This complete blog will delve into why The Sunshine Immigration Consultancy is the best in Chandigarh for study visas, covering every aspect of their services, success stories, and what sets them apart in the competitive field of education consultancy.
Table of Contents
Why Choose an Immigration Consultant for Study Visas?
About The Sunshine Immigration Consultancy
Study Visa Services Offered
Why The Sunshine Immigration Consultancy is the Best
Success Stories
The Process: Step-by-Step Guide
FAQs
Conclusion
Contact Information
Why Choose an Immigration Consultant for Study Visas?
Navigating the process of obtaining a study visa involves complex legal procedures, wide-ranging documentation, and careful planning. Here are a few reasons why hiring a professional immigration consultant for study visas is crucial:
Expertise
Immigration consultants possess in-depth knowledge of visa laws, procedures, and documentation requirements. Their expertise ensures that applications are error-free and submitted on time with all your details.
Stress-Free Process
The process of obtaining a study visa can be overwhelming for any individual. Consultants handle the intricacies, allowing you to focus on preparing for your education abroad.
Higher Success Rate
Consultants are aware of the common difficulties and best practices, which significantly increases the chances of visa application support.
Personalized Guidance
Consultants provide custom-made advice based on individual circumstances, ensuring that every client receives the best possible support.
About The Sunshine Immigration Consultancy
Located in the heart of Chandigarh, The Sunshine Immigration Consultancy has established itself as a trusted and reputable name in the field of study visa immigration services. With a team of experienced professionals, the consultancy offers inclusive solutions to students aspiring to study abroad.
Mission
To provide transparent, reliable, and efficient study visa consultancy services, helping students achieve their dreams of pursuing education abroad specially in UK.
Vision
To be the leading study visa consultancy in Chandigarh, known for our expertise, integrity, and exceptional client service.
Study Visa Services Offered
The Sunshine Immigration Consultancy offers a wide range of services to cater to different study visa needs for all kind of individuals:
University and Course Selection
Guidance on selecting the right course and institution based on the student’s academic background and career aspirations.
Admission Applications
Assistance with filling out and submitting admission applications to various universities and colleges on time.
Documentation Assistance
Assistance in preparing all necessary documents, including transcripts, letters of recommendation, and personal statements.
Visa Application
Groundwork and submission of visa applications, ensuring all requirements are met and documents are in order.
Interview Preparation
Comprehensive preparation for visa interviews, including mock interviews and tips on how to succeed.
Pre-Departure Orientation
Providing students with important information about their destination country, including accommodation, cultural norms, and important contacts.
Why The Sunshine Immigration Consultancy is the Best
Experienced Team
The consultancy boasts a team of seasoned professionals with extensive knowledge of study visa procedures. Their collective experience ensures that every student receives top-notch service.
Client-Centric Approach
At The Sunshine Immigration Consultancy, the student’s needs and aspirations are paramount. The team provides personalized guidance, ensuring that every step of the process is tailored to the student’s unique situation who are coming from Punjab, Haryana and near by states.
High Success Rate
With a proven track record of successful visa applications, The Sunshine Immigration Consultancy has earned the trust of its clients. Their meticulous attention to detail and comprehensive support significantly increase the chances of visa approval. Best Immigration Consultants in Chandigarh
Transparent Process
Transparency is a core value at The Sunshine Immigration Consultancy. Students are kept informed at every stage of the process, ensuring clarity and trust.
Comprehensive Support
From the initial consultation to pre-departure orientation, the consultancy offers end-to-end support. Students receive assistance with documentation, application submission, and even acclimatization to their new country.
Affordable Services
Despite offering premium services, The Sunshine Immigration Consultancy maintains competitive pricing. They believe that expert study visa support should be accessible to everyone.
Success Stories
The true measure of an immigration consultancy’s success is in the stories of its clients. Here are a few testimonials from satisfied clients of The Sunshine Immigration Consultancy:
Testimonial 1
“I was overwhelmed by the complex process of applying for a student visa to Canada. The Sunshine Immigration Consultancy made the entire process seamless and stress-free. Thanks to their expert guidance, I am now studying at my dream university!” — Priya S.
Testimonial 2
“The team at The Sunshine Immigration Consultancy was incredibly supportive throughout my journey to secure a study visa for Australia. Their attention to detail and personalized advice made all the difference.” — Rajesh K.
Testimonial 3
“I highly recommend The Sunshine Immigration Consultancy for anyone looking to study abroad. They helped me secure a study visa to the UK with ease and professionalism.” — Anjali M.
The Process: Step-by-Step Guide
Initial Consultation
The process begins with a detailed consultation where the student’s goals and eligibility are assessed. This helps determine the best study visa pathway.
University and Course Selection
The consultancy assists in selecting the accurate course and institution based on the student’s academic background and career aspirations.
Document Preparation
The consultancy helps with the collection and preparation of all required documents, ensuring they meet the specific requirements of the chosen institution and country.
Application Submission
Once the documentation is complete, the application is submitted to the relevant universities and colleges. The consultancy monitors the application status and provides updates to the students.
Visa Application
The consultancy prepares and submits the visa application, ensuring all requirements are met and documents are in order.
Interview Preparation
If a visa interview is required, the consultancy offers comprehensive preparation sessions, including mock interviews and tips on how to succeed.
Pre-Departure Orientation
Upon visa approval, the consultancy provides essential information about the destination country, including accommodation, cultural norms, and important contacts.
FAQs
What makes The Sunshine Immigration Consultancy the best in Chandigarh for study visas?
The consultancy’s experienced team, client-centric approach, high success rate, and comprehensive support make it the best choice for study visa services in Chandigarh.
How much do the services cost?
The cost of services varies based on the specific requirements of the student. However, The Sunshine Immigration Consultancy offers competitive and affordable pricing.
What countries do they provide study visa services for?
The consultancy provides study visa services for a range of countries, including Canada, Australia, New Zealand, the UK, and the USA.
How can I get started?
You can start by scheduling an initial consultation with The Sunshine Immigration Consultancy. Contact them via phone, email, or visit their office in Chandigarh.
Conclusion
Choosing the right immigration consultancy is crucial for a successful and stress-free study visa application process. The Sunshine Immigration Consultancy in Chandigarh stands out as the best choice, offering expert guidance, personalized support, and a proven track record of success. Whether you’re looking to study in Canada, Australia, the UK, or any other destination, The Sunshine Immigration Consultancy is your trusted partner.
Contact Information
The Sunshine Immigration Consultancy
SCO-497–498, Level 1, Sector 35 C, Chandigarh
Phone: 90758 90758
Email: info@sunshineimmi.com
Website: www.sunshineimmi.com
Embark on your education journey with confidence. Contact The Sunshine Immigration Consultancy today and take the first step towards your dreams!