'Ever closer union', always 'ever closer union'. This time its Jean Claude Trichet the head of the European Central Bank, saying that in the future he would like to see the ECB have the right to veto the economic policies of any EU member governments. Trichet said that he wanted to see EU control ‘well over and above the reinforced surveillance that is presently envisaged’ as this would be vital for ‘strengthening the institutions of economic union’. This enhanced function would allow EU authorities ‘the right to veto some national economic policy decisions’. In addition Trichet thought that ‘It would be not only possible, but in some cases compulsory, for the European authorities... to take themselves decisions applicable in the economy concerned.’
Only a matter of time, only a matter of time; and can you really see David Cameron standing up to the EU over this or indeed anything?
Only a matter of time, only a matter of time; and can you really see David Cameron standing up to the EU over this or indeed anything?
"surveillance ", "compulsory".
ReplyDeleteSounds like the language of totalitarianism to me and they have a bit of history of this on mainland Europe.
Wimpo Dave will, of course, do nothing.