Re: Who Has, Who Has Not, and Who Will Not Ratify the Fiscal Stability Treaty ?
France has ratified the Treaty.
The Leftist Front opposed ratification.
The lower house of the French parliament, the National Assembly, ratified on Tuesday with an overwhelming majority of 477 to 70 a package of bills allowing France to sign on to the EU Fiscal Compact aimed at eliminating public deficits over the medium term. After the country's Constitution Court ruled in August in favor of the new Socialist government's plan to apply a cap on budget deficits through an overriding "organic" law and not a constitutional amendment, the Assembly's vote marks the penultimate step toward formal ratification of the Compact. The upper house, the Senate, is scheduled to open the debate on the bills on Wednesday.
Yet today's vote is only a partial victory for the government, since the debate over the Compact once again revealed the rifts within the Socialist Party over the enhanced powers of Brussels bureaucrats to intervene in one of the few remaining domains where national parliaments retain semblance of sovereignty.
“ We cannot withdraw our cards from the game. Were we as silent and mute as stones, our very passivity would be an act. ”
— Jean-Paul Sartre