Is the FU compact falling apart before it gets off the ground?

[sport02]

Today's Financial Times headline 'Cracks emerge in EU treaty agreement' Several goverments reported to have issues with it.

Britain as we know is out. Noonan said today if there was no financial transactional tax in the city of London it would harm our IFSC in Dublin.
This afternoon the Swedish FSA has come out and rejected the EU commissions plans on financial transactional taxes.

Twitter
Twitter

And now Luxembourg, from the Telegraph 30 minutes ago.
Jean-Claude Juncker says Luxembourg shouldn't introduce a "golden rule" requiring balanced budgets into its constitution.

He now says it goes against "the philosophy" of Luxembourg's constitution and claims that a "special law," if passed by a large majority, would do the trick.

We have a very protective constitution, what about us?

And finally the markets. Italian bonds over 7%. Euro area high 5 year borrowing today. All the indices fairly consisent losses since the agreement.

[Blucher]

Well all those who were crowing about isolated Brits are going to look particularly dumb.

[Analyzer]

The Finns are not going to approve the measure, either.

The Czechs are still studying the details.

And the main opposition party in France, have declared that it is insufficient for what they want for France.


But Noonan, Gilmore and Creighton want to scare the sh!te out of Irish people in advance of a possible referendum.

[sport02]

Small spelling error in my thread title. 'of' should be 'off' could a mod fix it please?

[DownTheyGo]

I don't think it was ever together to subsequently fall apart; last Friday I said it was the fluppet of all summits... not been proven wrong yet.

[He3]

Feet of clay.

[revolution]

EFSF Rip
Fiscal compact Rip

[Twin Towers]

Small spelling error in my thread title. 'of' should be 'off' could a mod fix it please?

Off is alright but has the EU become the FU?

[Freedom front]

Illegal & Stupid Purposed Agreement - Not going to happen

[sport02]

Off is alright but has the EU become the FU?

FU=Fiscal Union.

Also the Czechs and Hungarians cannot agree with current setup as pointed out earlier, but according to Reuters, Noonan has a hunch we won't need a referendum in Ireland.