EU clashes with Rome over Italy’s budget plans, again

the daily stirrer
Picture: Deutsche Welle

You thought Brexit was the only problem the EU was struggling with at the moment? How wrong were you?

The EU Commission’s latest rejection of Italy’s budget is the first step in disciplinary procedures that, in typical schol bully stylem the bastards of Brussels threaten will lead to big fines and economic sanctions. The EU Commission said Italy has “seriously violated” EU budget rules when rejecting again Italy’s proposed budget on Wednesday.

The Commission confirmed its assessment that “Italy’s draft budget plan is in particularly serious non-compliance” with EU debt rules, Commission Vice President Valdis Dombrovskis said in Brussels. It is woth reminding ourselves here that when Italy, with its traditionally weak currency, was bullied into joining the European Single Currency System (the Euro) after the EU had ben its own rules to breaking point in a politically motivated move to force weaker economies into financial integration, thus advancing the Federal European Superstate agenda.

Dombrovskis said with the Italian government’s current plan “we see a risk of the country sleepwalking into instability.” (Well he’s Greek so he’d know.)

“We conclude that the opening of a debt-based excessive deficit procedure is warranted,” he added, referring to the EU’s disciplinary process against member states for over-spending, a policy which has impoverished millions of people in Greece, Spain, Portgal, Ireland and Italy as EU imposed austerity policies have destroyed the spending power of wages.

The Commission’s move is mandated for countries whose debt levels are above the Eurozone threshold and who are not doing enough to reduce borrowing. Unfortunately not all countries are as strong economically as Germany, and with their weak economies tied to the German industrial powerhouse they cannot operayte within the eU rules.

Italy’s government, led by a populist coalition of left leanin Five-Star Movement and the right-of-centre Lega, has remained largely defiant towards Brussels. On Wednesday, Matteo Salvini, Italy’s interior minister, deputy prime minister and de fact leader of the government, said any EU sanctions against Rome would be “disrespectful” towards Italians.

“We are convinced about the numbers in our budget. We will talk about it in a year’s time,” he told reporters. Rome and the EU Commission had been at odds for weeks over Italy’s budget after it had been rejected by the Commission a first time.

Last week Italy submitted a revised version of its budget with only minor adjustments that did not appease the Commission and EU member states.

EU “Sounds Alarm” Over New US Sanctions On Russia; Germany Threatens Retaliation
Late on Friday (21/07/17), Congressional negotiators agreed to advance a cross – party bill that would punish Russia for its (alleged) interference in the 2016 election according to the Wall Street Journal. And while it seems improbable that President Trump would sign the bill if it reaches his desk, the loudest complaint about the bill to date has emerged not from the Oval Office, but from US allies in NATO and the European Union …

Nigel Farage Swipes Back At Irrational, Screeching, Crazy Clinton
US Democratic Party presidential candidate Hillary Clinton launched a hysterical, irrational attack, filled with half truths and blatant lies, against the most prominent figure in the campaign to get Britain out of the EU (Brexit), UK Independence Party leader Nigel Farage, during a speech at a rally today. Mrs Clinton, responding to Farage’s address to a large and enthusiastic audience at a Donald Trump rally, may have been rattled at the prospect of having such a hihly effective campaigner in the rival camp …

Rebellion Against EU Authoritarianism Escalates As 8th Member Nation Threatens Referendum
Brussels went too far, they crossed the line in moving from an economic union to a political pan – European political empire. In the end it was a race as to which member state would quit first, Britain, Natherlands, Denmark or Italy. In the event it is Britain.

Is Brexit A Harbinger Of Doom For The ‘Experts’
The Brexit vote, the decision by a democratic majority in Britain to leave the European Union has sent shockwaves around the world. Not only does the EU now face a tsunami of departures, the usurpation of democracy by ‘experts’ ( technocrats ) has been challenged and exposed as a sham.

BREXIT vs. GREXIT – The Truth About The European Union And How It Treats Members
Unless the testicularly deficient politicians stand up for their nations he only thing that will halt the European Union’s push beyond Europe’s geographical borders to incorporate Asian, middle eastern and north African nations is war. Power is addictive and the bean counters of Brussels have ambitions far beyond Europe.

The Hypocrisy and Snobbery Of The Remain Campaign And The Antidote

When I had to defriend a Facebook contact because she was arguing in favour of the EU, it was not simply because I support Brexit that I had become pissed of with her, it was the snobbish and condescending way she dismissed supporters of LEAVE and their case. People are entitled to their opinion on the European Union, but they should check the ‘facts’ they post in support of their arguments.

The Labour Case For Brexit by Kate Hoey M.P.
After my short intro is a savage indictment by Brexit supporting Labour MP Kate Hoey of the way the Labour Party has abandoned the working class and is now trying to betray the party’s proud heritage and its roots in the industrial areas by taking Britain into an undemocratic, corporate controlled, capitalist friendly, elite dominated globalist control freak project.

Dutch Referendum This Week Shows why We Should Leave The EU.
Few of you were aware probably that there is an EU referendum vote in The Netherlands this week. As usual with anything negative about the EU barely a word has been printed in the topic in mainstream media and the silence from our notionally unbiased national broadcaster The Bolshevik Broadcasting Corporation (BBC) has been deafening.

French, Belgians, Dutch, Italians Follow Britain in Euroskepticism
Europeans want us British to lead them out of Europe. Don’t be fooled by project fear, the European Union (aka the Euronazi Federal Superstate) is falling apart. There will not be chaos if we leave, there will be chaos if we stay.

Head Of European Institute: Brexit ‘Better’ For Everyone
Brexit would be the best result of Britain’s in / out referendum for both Britain and the EU i a Belgian professor who heads up the European Institute at the London School of Economics (LSE) has said.

Johnson’s article lines up his reasons why Britain must exit on June 23rd. It’s time to be brave
OK, I know a lot of you think Boris is most accurately described by a word many people find offensive, but he’s put together a very good argument here on why we must leave the EU. Published in part here under ‘fair use’ terms and conditions, in the public interest …

One thought on “EU clashes with Rome over Italy’s budget plans, again

  1. […] EU clashes with Rome over Italy’s budget plans, again You thought Brexit was the only problem the EU was struggling with at the moment? How wrong were you? The EU Commission’s latest rejection of Italy’s budget is the first step in disciplinary procedures that, in typical school bully stylem the bastards of Brussels threaten will lead to big fines and economic … […]

    Like

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s