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Thread: Hollande calls for an EU "economic" government with tax raising powers and an EU President

  1. #1
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    Default Hollande calls for an EU "economic" government with tax raising powers and an EU President

    Not sure if he ran this by Merkel or Cameron yet.

    French President Francois Hollande called on Thursday for an economic government for the euro zone that would have its own budgetary capacity, a harmonised tax system and a president.
    http://economictimes.indiatimes.com/...w/20089759.cms


    http://www.reuters.com/article/2013/...Name=worldNews
    Last edited by DCon; 16-05-2013 at 03:24 PM.
    Politics is the gentle art of getting votes from the poor and campaign funds from the rich, by promising to protect each from the other. ~Oscar Ameringer

  2. #2
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    Default Re: Hollande calls for an EU "economic" government with tax raising powers and an EU President

    g'way a that ya cute houur Hollande..

  3. #3
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    Default Re: Hollande calls for an EU "economic" government with tax raising powers and an EU President

    Cute, maybe, but very different to what is currently on offer.

    the Socialist leader said he sought to create a full political European Union within two years.

    His proposals seemed likely to encounter stiff resistance from Germany, Europe's leading power, which opposes mutualising debt among European states and is reluctant to give the euro zone its own secretariat or create new divisions in the EU, of which 10 countries are not in the 17-nation single currency.

    It also comes as Britain's government faces growing domestic pressure to hold a referendum on leaving the bloc.

    "My initiative has four points that I am putting to our partners. The first is to create an economic government with the euro zone countries which would meet every month with a real president appointed for a long period and who would be devoted to this task," Hollande said.

    "This economic government will debate the main political and economic decisions to be taken by the member states, harmonise tax policy, start the convergence of social policies from the top and launch a battle against tax fraud."
    “ 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

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    Default Re: Hollande calls for an EU "economic" government with tax raising powers and an EU President

    Hollande fears Europe will be wiped off the map..not sure about that one

    “If Europe does not advance, it will fall, or even be erased from the world map,” Mr. Hollande said. “It is my duty to help bring Europe out of this state of lethargy and fear.”
    http://www.nytimes.com/2013/05/17/wo...nure.html?_r=0
    Politics is the gentle art of getting votes from the poor and campaign funds from the rich, by promising to protect each from the other. ~Oscar Ameringer

  5. #5
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    Default Re: Hollande calls for an EU "economic" government with tax raising powers and an EU President

    The Dutch ain't buying what Hollande is selling

    Roughly translated by google

    French President Francois Hollande said Thursday that he would like to establish. Separate government for the eurozone The new economic 'country' would have to be guarded by its own president.

    But that does not sit the Prime Minister. France could be better "a similar amount of energy stabbing in bringing order to the own economy and budget," said Rutte.
    http://www.elsevier.nl/Europese-Unie...paign=elsevier
    Politics is the gentle art of getting votes from the poor and campaign funds from the rich, by promising to protect each from the other. ~Oscar Ameringer

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    Default Re: Hollande calls for an EU "economic" government with tax raising powers and an EU President

    Is Hollande looking for the economic equivalent of the CAP ?
    “ 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

  7. #7
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    Default Re: Hollande calls for an EU "economic" government with tax raising powers and an EU President

    It's a sign of how far off track the EU project has gone to see how little clout the views of the French President hold, more or less ignored and laughed at. A sign of a new European paradigm that's emerging, one which is as yet nowhere near fully formed and unpredictable. Good, at least the USE project isn't yet a done and dusted deal.

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    Default Re: Hollande calls for an EU "economic" government with tax raising powers and an EU President

    She who holds the purse strings has the power, I'm afraid...
    "The floggings will continue until morale improves "

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