EU Commissioner wants fines for Spain, Portugal

TheLocal.de ^ | 05 Jul 2016 08:01 GMT+02:00 | (AFP)

[Olog-hai]

Germany’s EU Commissioner Günther Öttinger said in a newspaper interview Monday that Spain and Portugal should be fined by Brussels for missing their 2015 deficit targets.

“Neither country met the budget commitments that they had both set themselves,” Öttinger told the mass-circulation daily Bild.

“I believe that if the EU Commission is to maintain its credibility regarding the budget rules, then we will have to impose sanctions on Spain and Portugal,” he continued. […]

On Friday, another EU Commissioner, Valdis Dombrovskis, had suggested that Brussels could freeze the structural funding for the two countries. …

[BlessedBeGod]

Desperate for money now that Britain’s leaving? LOL

[Cowboy Bob]

The UK was one of the countries supporting the rest deadbeats of the EU. Yet, the ruling elite in the UK says thy may have to raise taxes to make up for the losses in leaving the EU.

Can someone explain that to me?

[Telepathic Intruder]

One big happy family.

[Osage Orange]

Watch Soros................

[ScaniaBoy]

Very few things will unite Portugal and Spain, but a fine on both countries for failing to reach their budget aims, that will create an Iberian front against the EU Commission.

We may even see an Iberexit faster than you can say Brexit.

[faithhopecharity]

E u -—— Despotic dictators -— greedy for power and yes, $$ too

[Gen.Blather]

“Can someone explain that to me? “

Say that government is 100 people in a room each with a food bowl. The government allocates taxes from all the workers who feed the government each to an individual bowl. When a big upset comes some bowls get overfilled and those people scramble to stuff the food into their cheeks rather than give it back. Other bowls go empty and the government raises the amount of food that must be taken from the populace to refill those bowls. The total amount of food given to the government goes up. Some government eaters get obese, or, if they can’t eat all of their food they make more bowls and hire foreigners, ‘cause...diversity...to help eat it.