Europe must fight illiberal forces, Draghi warns

Reuters ^ | December 15, 2018 7:33 AM | Silvia Ognibene, Balazs Koranyi

[Olog-hai]

The spread of illiberal ideology is threatening the euro, but it is an illusion that leaving it would offer an easier path, European Central Bank President Mario Draghi said on Saturday.

Warning that a half-finished monetary union could be at risk in the next crisis, Draghi made the case for sweeping changes in how the currency bloc operates and spreads around financial risk.

“The fascination with illiberal prescriptions and regimes is spreading; we are seeing little steps back in history,” Draghi said in Pisa, Italy.

“Only by continuing to make progress, freeing up individual energies but also fostering social equity, that we will save (the European Project) through our democracies, with a unity of purpose,” he added. […]

Draghi, credited with saving the euro in the worst of Europe’s crisis, called for deeper private risk sharing, the completion of the banking and capital market unions and argued for euro-wide backstops that could help the bloc’s weaker members in case of market stress. …

[Rurudyne]

When “liberalism” is now socialism / communism with a dose of elites who know better then everyone else calling the shots it’s a good bet that anything they’d call illiberalism may not be as advertised.

[goldstategop]

Globalists in panic. Gee, I wonder why.

[TADSLOS]

EUroweenie Flop Sweat.

[goldstategop]

If you’re opposed to the EUSSR, you’re illiberal. Got it.

[Rurudyne]

I’m not terribly excited about Texas joining the Union....

[jdsteel]

Translation: Do as we, your betters, tell you and you’ll be better off”.

[fieldmarshaldj]

Death to leftism !

[rktman]

Illiberal? Is that a newly devised term for evil anti liberal alt-right nationalist extremist nazis? Or is it for “sick/psycho” liberals.

[Mr. Jeeves]

Any government official using the term “social equity” should be summarily hanged. :)

[Gay State Conservative]

Isn't he the European Union hack who makes 500,000 euros a year,has a Mercedes limo on call 24/7,has a summer place in Monaco and a winter place in Rio?

And will collect a 750,000 euros a year pension?

[BenLurkin]

Apparently people who expect their government to do their will — are a threat to democracy.

[Brian Griffin]

“Europe must fight illiberal forces, Draghi warns”

Said as the EU fights to keep the Brits in shackles.

[Brian Griffin]

“spreads around financial risk”

The Euro will open lower Monday.

[SaveFerris]

[ illiberal ]

I hate Illinois Liberal Nazis.....oh sorry, read that wrong...

[SaveFerris]

[Globalists in panic.]

[SaveFerris]

[ “Only by continuing to make progress, freeing up individual energies but also fostering social equity, that we will save (the European Project) through our democracies, with a unity of purpose,” he added. […] ]

“Only when we follow our leaders without question, may we enjoy true individual freedom” - Major Frank Burns

(or something like that)

[x]

Nobody messes with Khal Droghi ...

[Brian Griffin]

As for the UK:

più forte

[think Tosca]

[dhs12345]

And they will punish severely any country that questions their omnipotent power — re BREXIT.