Say goodbye to national sovereignty. These proposals brought to you by the same criminals who brought on the economic collapse going on before our very eyes.
Europe eyes tougher fiscal discipline; creation of EMF
The Commission’s proposals revolve around three main sets of measures.
One seeks to increase the ability of European countries to supervise each other’s national budgets before they are passed by parliaments, a big step toward joint administration of fiscal policy. While they would not have the power to force a nation to rework its budget, they would be able to exert pressure to make the budget’s assumptions about economic growth, inflation and interest rates as realistic as possible.
Link to article:
http://www.business-standard.com/india/storypage.php?autono=394682
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