posted on Oct, 18 2012 @ 11:12 AM
The German chancellor has called for the EU to be given the power to veto member states' budgets, hours before leaders meet in Brussels for a
summit. Angela Merkel said the EU economics commissioner should be given clear rights to intervene when national budgets violated the bloc's rules.
The idea is likely to be strongly opposed by members concerned about any increase in the EU Commission's powers. The summit is expected to focus on
plans for a banking union.
I really do hate to say it, but yet again, a German government wanting more power over Europe...
This seems like a bad move to me and looks like more power flowing to Brussels.
It is an erosion of democracy pure and simple, as it would allow the EU, basically Merkel, the power to veto an ELECTED governments budget, even if
it's in another country.
Maybe all these theories about a new world order and a centralised power in Europe were right.
edit on 18/10/12 by SaltireWarrior because: (no