tag:blogger.com,1999:blog-6406430766424642773.post4249171834773361249..comments2023-09-28T12:28:57.598+03:00Comments on Grahnlaw: EU Commission proposes stronger economic governanceRalf Grahn http://www.blogger.com/profile/02156293782163802007noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-6406430766424642773.post-22871554967970894982010-07-02T04:35:05.507+03:002010-07-02T04:35:05.507+03:00theyenguy,
When setting up the European Financia...theyenguy, <br /><br />When setting up the European Financial Stability Facility, each government of an euro area country formally acted as a freely cooperating, sovereign nation state. <br /><br />Why not rejoice, if for you sovereignty comes before all other considerations?<br /><br />Maybe the latest G20 meeting gives you some comfort with regard to the lack of effectiveness of international action and the remaining distance to global government. <br /><br />How do you explain your ideal of sovereignty to the people who happen to be born in, say, North Korea or Iran? <br /><br />All the EU member states have joined as a result of democratic decisions, which now include a common currency for 16 of them, with nine committed to euro adoption.<br /><br />I would find it negligent, if our governments failed to strengthen economic governance in the eurozone, at least, given the crucial role of the common currency for our prosperity. <br /><br />By the way, there is a small but significant difference between surveillance of budgets and budget plans.Ralf Grahn https://www.blogger.com/profile/02156293782163802007noreply@blogger.comtag:blogger.com,1999:blog-6406430766424642773.post-33458124713420106432010-07-01T22:49:08.145+03:002010-07-01T22:49:08.145+03:00If the EU Finance Ministers approve the enhancemen...If the EU Finance Ministers approve the enhancements of the Stability And Growth Pact it would further confirm the loss of national sovereignty that came in early May 2010, when the EU Finance Ministers waived national sovereignty and announced what they called a bilateral loan agreement providing monetary aid to Greece, but which was in reality a seigniorage monetary grant. <br /><br />The vetting of budgets each July, imposition of farm aid cuts and imposition of fees to go on deposit to an interest bearing account, would establish a federalized european economic government where countries would no longer be sovereign nations, but rather states existing in a region of global governance, specifically one of ten called for by the Club of Rome in 1974.theyenguyhttps://www.blogger.com/profile/08515095308836729043noreply@blogger.com