ECB warns Euro countries will have to yield fiscal, debt and economic policy sovereignty

Wednesday, July 18th 2012 - 16:57 UTC

Full article 8 comments

The Euro zone will have to get powers to limit the debt issuance of its members, intervene in national budgets and change national policies to build a deeper economic union, ECB Executive Board Member Joerg Asmussen said. Read full article

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briton
flying pigs mate , flying pigs,

but you will in the end , get what you want, its your destiny,
but not with the british involvement you wont .
so soddy offy .
Jul 18th, 2012 - 07:36 pm - Link - Report abuse 0
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Britworker
Well the result if this is going to be a much smaller Eurozone which will contain the countries that desire to relinquish sovereignty and the ones that don't have a choice. When it comes to signing the deal, it won't just be the UK that is saying 'actually, thanks but no thanks'!
Jul 18th, 2012 - 08:12 pm - Link - Report abuse 0
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briton
We thinks at a push, the republic or Ireland may well consider to follow,

Cyprus ,
Finland , Greece , Malta Poland and Sweden,

Well you never know .
,
Jul 18th, 2012 - 08:40 pm - Link - Report abuse 0
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Condorito
links, rechts, links, rechts, links, rechts.....
Jul 18th, 2012 - 11:01 pm - Link - Report abuse 0
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JoseAngeldeMonterrey
Now it will no longer be the EC, it will be the GC, the German Economic Community!!
Jul 19th, 2012 - 02:08 am - Link - Report abuse 0
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briton
Apparently they cant call it, the united states of Europe,
[don’t know why]
But apparently as Germany is a federal state,
It would have to be based in a loosely federal lines,

,,,,,,,,,,,,,,,,,,,,,,
Either way, we don’t want any part of it,
Trading and friends is one thing, >?
Jul 19th, 2012 - 11:39 am - Link - Report abuse 0
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JoseAngeldeMonterrey
Of all countries in Europe, Britain should never have joined the flamboyant, but failed project whose limited boundaries change to the mood of insolent french and german social democrats.
Britain was better alone, seeking greater economic integration with Canada, the US, Australia, New Zeland and other countries in the anglosphere. Its own destiny.
Jul 19th, 2012 - 12:28 pm - Link - Report abuse 0
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briton
agreed
Jul 19th, 2012 - 12:44 pm - Link - Report abuse 0
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