Posted on 03/07/2005 11:15:52 AM PST by knighthawk
France and Germany want to review the European stability pact, which places limits on the budget deficit and the national debt of participating countries.
German Chancellor Gerhard Schröder and French President Jacques Chirac say the stability pact puts the EU member states in a financial straightjacket and so retards economic growth.
Germany and France are among those countries unable to meet the pact's demands.
The two government leaders make their plea at a time when the EU finance ministers are meeting in Brussels to discuss the stability pact.
It is not clear if the ministers will be able to agree on any adjustments.
However, there is little time, as decisions must be made at the European summit scheduled to be held in two weeks.
If people want on or off this list, please let me know.
Fellas, your lack of economic growth is not because your budget deficits aren't big enough.
Well duhhhhhh! Seems pretty obvious to me. Any time you increase the central control over economic decisions in a market economy, you end up with a less desirable result.
In other news the German people wanted to review their votes of 2002...
And so the dream of the EU starts to unravel...France and Germany want to dictate all to all but they should be exempt from their own rules...Typical European hypocrisy,I still cannot understand how Great Britain ever got sucked into this swamp.
Wait until they all print money for their 'needs'.
I think the EU charter is in danger of ending up stuck in a file drawer and forgotten by 2010.
Herein is the problem all those country's who are abrogating their sovereignty to join the EU will face. ALL Germany and France want is to rule all those countries they've previously failed to conquer by war and bluster.
They just want to conquer them now by treaty. How French of them.
"ALL Germany and France want is to rule all those countries they've previously failed to conquer by war and bluster."
In the EU animal farm, all countries are equal, with some more equal than others.
This is the problem with do-gooder politics. If you have someone who isn't hell-bent on "tinkering" the economy (such as what Bill Clinton eventually turned out to be) the Left's damage won't be too bad. Unfortunately what you have now is a group of 1968 New Left protesters coupled with hard Left watermelons in charge of the country, and this is a sure recipe for disaster. The same also happens with many conservatives: I have seen far too many have promised largesse to electorates and although they were successful to hang onto power for a while, they eventually made the conservative party fatally weaker - Helmut Kohl in his reunification-era and 1996-98 economic policies, Brian Mulroney, Jim Bolger, George H.W. Bush, Richard Nixon, John Major, just to name a few
We have extensive exposure with the German Green Party in this country so I know what they are capable of. After all, one of the original founders of die Gruenen later immigrated to New Zealand and helped found the Green Party of New Zealand. And to this Asian migrant to NZ the Western Greens are no different from the hard left
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