Post Tagged with: "Europe"

Was the EU budget ringfenced? No!

There is much fretting in the Commons today. Conservative MPs are torn between the demands of party discipline and their higher loyalty to constituents and the country. Many colleagues are  wrestling with their consciences. It’s because at 7pm we’ll be voting on whether to approve an increase in the EU Budget. Not for this year […]

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The coming completion of the European nation?

Following Barroso’s contradictory speech calling for a federal European state, the Telegraph reports, Germany, France and nine other of Europe’s most powerful countries have called for an elected European Union president and an end to Britain’s veto over defence policy in a radical blueprint mapping out the continent’s future. And […]

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EU motion of the day: “European Semester in the UK” – EU centralised economic planning

Parliament sees a considerable amount of EU business in the main chamber, often nodded through without debate. Here’s today’s motion (emphasis mine): 3 EUROPEAN SEMESTER IN THE UK [No debate] Mr Mark Hoban That the Committee takes note of European Union Documents No. 10834/12, relating to the Commission Communication: Action for stability, […]

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Spain is not Greece

From a comrade, 1. “Spain is not Greece.” Elena Salgado, Spanish Finance minister, Feb. 2010 2. “Portugal is not Greece.” The Economist, 22nd April 2010. 3. “Ireland is not in ‘Greek Territory.’” Irish Finance Minister Brian Lenihan. 4. “Greece is not Ireland.” George Papaconstantinou, Greek Finance minister, 8th November, 2010. […]

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Spain and the EU: This can kicking must stop

Again this morning, I see Spain’s bond yields at levels which have sparked warnings, with Italy close behind. Did recent actions achieve anything but ladling more water into the boat? It seems not. The idea that we can all borrow our way to prosperity has run its course. Banks’ excessive […]

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