Friday, November 18, 2011

Germany, backed by France - (Vichy ?!...nobody learns anything from their own history)...Speaking after talks with David Cameron in Berlin, Mrs Merkel also pointedly rejected the Prime Minister’s call for the European Central Bank to play the main role in bailing out troubled eurozone countries. The disagreements undermined the claims of the two leaders to be working closely on responses to the European debt crisis. Germany, backed by France, wants the European Union to impose a new tax on every financial transaction banks make, with the revenues used to help debt-ridden countries. Britain has suggested that such a tax would have have to be applied by every country in the world to be workable. A European tax would simply drive banks to other countries, ministers believe. Mr Cameron said: “The danger is driving transactions to a jurisdiction where it wouldn't be applied. Mrs Merkel made clear she had not changed her position either. “We are at one in saying a global financial tax would be introduced immediately,” she said. “But on a European one, we did not make any progress on that one. We have to both work on where we both feel change is needed.” The Prime Minister is among international leaders has been pushing hard for Germany to agree to the ECB acting as a bank of last resort for failing eurozone states.

9 comments:

Anonymous said...

No doubt we'll here more weasel words from Cameron about how he intends to reclaim power from Europe.

We need a strong leader that will stand up to the relentless tide of ridiculous edicts that Brussels keep throwing at us.

cotzo... said...

'Limited' change my eye! What is proposed is a full blooded revision of the Lisbon treaty and as such although it would only directly involve the 17 involves fundamental changes which affect the whole EU.

There would be a clear case for a UK referendum under present commitments.

Whether our beloved P.M. would willingly grant one is however a separate issue.

Surely now is the time to organise a new season of discontent

avocat said...

Oh, but see Section 4(4)(b) of the European Union Act 2011, as quoted below and as cited by Hague here on October 13th:

http://www.fco.gov.uk/resource...

"Section 4(4) (b) of the Act provides that where an Article 48(6) decision relates to the making of a provision that applies only to Member States other than the UK, it is deemed to fall outside section 4.The Treaty change provision contained in this Article 48(6) Decision does not apply to Member States whose currency is not the euro. It does not therefore apply to the UK, as the UK is not among the Member States whose currency is the euro.

In my opinion the European Council Decision of 25 March 2011 amending Article 136 TFEU with regard to a stability mechanism for Member States whose currency is the euro adopted under Article 48(6) TEU does not fall within section 4 of the Act and no referendum is required in the UK."

Anonymous said...

FUCK THIS. Since when does Berlin dictate to London?

"Renegotiation" my arse.

Sold out yet again.

Out of the EU NOW.

Love Europe. Hate the EU.

itzak said...

In the Army Obituary section of the DT, there's a short biography of Charles Upham VC & Bar, a remarkable New Zealander, one of only three men to win both honours who died in 1994. Towards the end of it, a paragraph caught my eye.

'In 1962, he was persuaded to denounce the British government's attempt to enter the Common Market: "Britain will gradually be pulled down and down," Upham admonished, "and the whole English way of life will be in danger." He reiterated the point in 1971: "Your politicians have made money their god, but what they are buying is disaster."

He added: "They'll cheat you yet, those Germans."

Funny how he managed to see what was coming years ago

Anonymous said...

OK - Shift all the blame on to the Germans for denying us a referendum, when Cameron is just as determined that we won't have one?

Whose idea was it to put this (b) in Section 4(4) of the European Union Act 2011?

http://www.legislation.gov.uk/...

"(4) A treaty or Article 48(6) decision does not fall within this section merely because it involves one or more of the following -

(a) the codification of practice under TEU or TFEU in relation to the previous exercise of an existing competence;

(b) the making of any provision that applies only to member States other than the United Kingdom;

(c) in the case of a treaty, the accession of a new member State."

Meaning that Hague can deny us a referendum on an EU treaty change such as that already agreed on March 25th.

Was it Hague's idea? Or Merkel's idea? Or both of them?

Anonymous said...

First it was called the European Coal and Steel Community, then it became the European Common Market, then the EC (not sure what the letters stood for), then the European Union. Always the same entity, the renaming done by stealth to ensure no-one actually knew what was happening, and all pre-programmed. I wonder whether at some point in the future the whole lot will just be renamed Germany? It might just as well be

Anonymous said...

I would rather taxed by the bankers rather than paying the French farmers

You already do both.
We contribute financially towards the EU budget, some of which is spent on French framers.

Anonymous said...

Well, Germans have shown that they haven't bloody moved on. They never settle down and let Europe breathe, and I suspect there won't be a 'third time lucky' for them. They will be nuked and rightly so.