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10 things you need to know about the EU fiscal treaty
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Saturday March 10, 2012 12:28 by serf
A good analysis of the EU fiscal treaty which we will naively be voting "yes" on. Be very afraid! It's only a permanent austerity treaty biased against social spending. "Most analysts and commentators agree: the treaty is not about the current crisis. It will not change the course of the eurocrisis, and is not really intended to do so. It’s about the future of economic policy, and the German electorate. Chancellor Angela Merkel needs to reassure the German public that she’s being tough with the highly indebted countries to bolster her popularity and provide the government with the leeway to co-fund the new European Stability Mechanism" |
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