Merkel vows Fiscal Union

[Insula Dei]

Assuming we don't have a thread on this yet.

http://www.guardian.co.uk/business/2011/dec/02/angela-merkel-eurozone-fiscal-union

This obviously is rather big, and the markets, our benevolent dictators, seem rather pleased with it.

Also, I am rather pleased at just how nice this underlines the Monnet doctrine of further integration as a result of crises, the seeds of which were already sown in the last round of integration. I have been defending this doctrine on here for months, so it's nice to see it's something that actually does perform when you'd expect it to perform.

[greenforest32]

So what exactly would this entail? Ability to control member state budgets? Taxes levied directly by the EU?

?

[The Mikado]

Don't all 27 member states have to sign on to this?  I have no idea how you're going to talk UK or Poland or the other usual suspects into this, let alone the meltdown Club Med states (who might accept it as a liferaft, but not without riots in the streets).

[patrick1]

Uh oh, zee Germans are dominating Europe after all.  This time with bureaucrats instead of the blitz.

^Forgive the troll but you know a lot of the discourse will devolve into that.

[Tetro Kornbluth]

Uh oh, zee Germans are dominating Europe after all.  This time with bureaucrats instead of the blitz.

^Forgive the troll but you know a lot of the discourse will devolve into that.

"A lot"? That few? I don't believe you are sufficiently familiar with internet discussion boards and this topic (especially if they are full of Britishers).

[Tender Branson]

Don't all 27 member states have to sign on to this?  I have no idea how you're going to talk UK or Poland or the other usual suspects into this, let alone the meltdown Club Med states (who might accept it as a liferaft, but not without riots in the streets).

Chancellors Merkel & Faymann have already said they would favor a referendum on this.

http://derstandard.at/1322531777053/Eurokrise-Faymann-fuer-Volksentscheid-bei-EU-Durchgriff-auf-Budget

And I already know how this referendum would play out ...

[The Mikado]

I adore German's ability to create words.  "Eurokrise" is a delight.

[TheDeadFlagBlues]

Beet's conspiracy theory seems more and more likely with each passing day...

[Middle-aged Europe]

I adore German's ability to create words.  "Eurokrise" is a delight.

Why, the term is also used by English-language media?:

http://www.nytimes.com/2011/11/09/world/europe/in-turmoil-greece-and-italy-deepen-euro-crisis.html?pagewanted=all

[Gustaf]

Assuming we don't have a thread on this yet.

http://www.guardian.co.uk/business/2011/dec/02/angela-merkel-eurozone-fiscal-union

This obviously is rather big, and the markets, our benevolent dictators, seem rather pleased with it.

Also, I am rather pleased at just how nice this underlines the Monnet doctrine of further integration as a result of crises, the seeds of which were already sown in the last round of integration. I have been defending this doctrine on here for months, so it's nice to see it's something that actually does perform when you'd expect it to perform.

It is a rather despicable doctrine, that one.

Hopefully this fails so we can finally put the euro to rest.

[MASHED POTATOES. VOTE!]

Don't all 27 member states have to sign on to this?  I have no idea how you're going to talk UK or Poland or the other usual suspects into this, let alone the meltdown Club Med states (who might accept it as a liferaft, but not without riots in the streets).

For Poland joining Eurozone is an inventablity. It's already required by our accession treaty. The only question is term.

Btw, as an European federalist, I'm totally for fiscal union.

[True Federalist (진정한 연방 주의자)]

For Poland joining Eurozone is an inevitability. It's already required by our accession treaty. The only question is term.

Poland could always use the dodge Sweden has used to avoid joining the Euro and refuse to join the ERM II.

[RogueBeaver]

Assuming we don't have a thread on this yet.

http://www.guardian.co.uk/business/2011/dec/02/angela-merkel-eurozone-fiscal-union

This obviously is rather big, and the markets, our benevolent dictators, seem rather pleased with it.

Also, I am rather pleased at just how nice this underlines the Monnet doctrine of further integration as a result of crises, the seeds of which were already sown in the last round of integration. I have been defending this doctrine on here for months, so it's nice to see it's something that actually does perform when you'd expect it to perform.

It is a rather despicable doctrine, that one.

Hopefully this fails so we can finally put the euro to rest.

[Snowstalker Mk. II]

So how badly is the CDU gonna get crushed in the next election?

[Beet]

the Monnet doctrine of further integration as a result of crises

Source?

[Insula Dei]

the Monnet doctrine of further integration as a result of crises

Source?

Well, yeah, like all gross generalizations, I assume this is a bit of a misrepresentation.