Brussels Ready To Sanction France For EU Treaty-Busting Budget Plan

Brussels Ready To Sanction France For EU Treaty-Busting Budget Plan

From zerohedge.com

"What people underestimate is that what's at stake is the entire credibility of the rules," warns one EU official as The WSJ reports, is preparing to reject France’s 2015 budget, that would be the biggest test yet of new powers for Brussels that were designed to prevent a repeat of the eurozone’s sovereign-debt crisis. With the looming handover to former French FinMin Pierre Moscovici (fox, henhouse?) it appears the current European Commission will not stand for Current French FinMin Sapin's plan that would run a budget deficit of 4.3% of GDP next year (far greater than the 3% deficit it had previously promised) ... (full story)

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Post #1
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Oct 6, 2014 1:16am Oct 6, 2014 1:16am

roger44
Joined Sep 2014 | Status: Member | 614 Comments

what things (manufacturing or service) make France grow so fast?

Post #2
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Oct 6, 2014 1:20am Oct 6, 2014 1:20am

Eagleprice
| Joined Apr 2013 | Status: Central banks and debt bubble | 79 Comments

Well I need to know one thing -The so called heroes in Brussels do they really understand economics or are they trying to protect their jobs? This is getting worst,If Average Europeans don't wake up to this then every single citizen of so called European union will need to beg with these Brussels shenanigans for financial liberty and freedom who already took their sovereignty for their own self interest "If Napolean is alive today he would have hanged himself in shame"

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Posted: Oct 6, 2014 1:05am
Submitted by:
Newsstand

Category: Fundamental Analysis

Comments: 2 / Views: 1,851