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Thread: SBP - "EU to scrutinise every detail of new budget plan"

  1. #1
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    Default SBP - "EU to scrutinise every detail of new budget plan"

    In tomorrows SBP, Pat Leahy is reporting that the Commission will engage in section by section, year by year scrutiny of not only the four year plan but also, this years budget.

    Quotes senior source as saying

    "If the government wants to increase excise duties, the Commission would want to know on what products, by how much and what extra revenue you believe it will raise"

    Commission also expects any new government to fully adhere to the four year plan.

    Thats it. We need an election.

    No way should the FF/Green muppets bind the new govt

  2. #2

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    Quote Originally Posted by jacko View Post
    In tomorrows SBP, Pat Leahy is reporting that the Commission will engage in section by section, year by year scrutiny of not only the four year plan but also, this years budget.

    Quotes senior source as saying

    "If the government wants to increase excise duties, the Commission would want to know on what products, by how much and what extra revenue you believe it will raise"

    Commission also expects any new government to fully adhere to the four year plan.

    Thats it. We need an election.

    No way should the FF/Green muppets bind the new govt
    The Commission can "expect" whatever it likes - there's no way the Council would stand for incoming National Govts not being "allowed" to change govt policies

  3. #3
    Politics.ie Member Catalpa's Avatar
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    Quote Originally Posted by jacko View Post
    In tomorrows SBP, Pat Leahy is reporting that the Commission will engage in section by section, year by year scrutiny of not only the four year plan but also, this years budget.

    Quotes senior source as saying

    "If the government wants to increase excise duties, the Commission would want to know on what products, by how much and what extra revenue you believe it will raise"

    Commission also expects any new government to fully adhere to the four year plan.

    Thats it. We need an election.

    No way should the FF/Green muppets bind the new govt
    The same rules will apply to whichever Government is in power as the ECB is effectively keeping this Ship of State afloat in order to prop up the Euro.

    The only way out is to secede from the EU

    - and issue a Declaration of Independence

    EUROPA CONVENTUS DELENDA EST

  4. #4

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    Quote Originally Posted by Catalpa View Post
    The same rules will apply to whichever Government is in power as the ECB is effectively keeping this Ship of State afloat in order to prop up the Euro.

    The only way out is to secede from the EU

    - and issue a Declaration of Independence

    EUROPA CONVENTUS DELENDA EST
    Good luck with that ....

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    Whilst I had hoped that FF would have to face the People after at least one, if not two of the budgets that they must implement as a result of their own incompetence, given these developments there is no real alternative to an election before the 4 year plan kicks in.

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    Politics.ie Member Catalpa's Avatar
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    Quote Originally Posted by dotski_w_ View Post
    Good luck with that ....
    The European Project is now been seen in its true colours

    - its a Takeover not a Makeover.

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    Politics.ie Member gijoe's Avatar
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    I think we need to change the name of the State from the Republic of Ireland to the Slave State of Ireland to better reflect the new reality.

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    Talking Fianna Fáil need some blame sharers before the next election

    Fianna Fáil need some blame sharers before the next election.

    After the briefiest periods of a National government they would them proceed to a General Election that they would hope to win as every party would be reduced to offering the same medicine.

  9. #9
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    Default EU moves to fulfil Catalpa and Future Taoiseach's predictions

    Another government 'reform' takes shape.

    Minister for Finance (Deputy Brian Lenihan): The European Council has taken a number of steps in recent weeks and months to safeguard the financial stability of the euro area. However there is a broad understanding that economic governance within the euro area needs to be improved. To this end, the President of the European Council Herman Van Rompuy has established a Task Force to look more closely at reform. The Task Force — of which I am a member — has met once already and is set to look four main issues: a crisis resolution mechanism for the euro area, addressing macroeconomic imbalances, reinforcing the Stability and Growth Pact, and budgetary coordination. Ministers discussed all issues and the general view was that all avenues for improvements that could be advanced quickly should be the focus of their work. The Task Force will meet next week and the President intends to provide an interim report to the European Council in June. A final report will be made to the European Council in October.

    Written answer to Billy Timmins 1 June 2010

    http://www.politics.ie/europe/131210...ml#post2741663

    This exchange was on that thread in June -

    Quote Originally Posted by FT
    Foreign govts will be deciding our tax-rates.
    Quote Originally Posted by hiding behind a poster
    No, they won't.
    Catherine Day is closer to FT than to hbap I think.

    “Every country can decide its own tax policy, but that is not the end of the story,” she said at a briefing for Irish journalists.

    “So if Ireland decides it wants to keep a low corporation tax, it has to deal with the deficit in some other way and we will be saying: ‘Okay, that’s your choice. If you don’t deal with it that way, how are you going to do it?’”

    [...]
    The Government insists it will not change the policy but certain EU officials struggle to see how it can bring the deficit below 3 per cent without reviewing the corporation tax rate.

    Asked whether the commission can force a state to change its policy, Ms Day said “No, we can’t and we wouldn’t”. In the budget area, “there’s never one answer, but other answers may be more unpalatable”, she said.

    “We can’t make Ireland change that, but . . . perhaps public spending will have to be slashed even more severely. But those are national choices that we will not make,” Ms Day said.

    “But what we will do, because it is our job to ensure that the euro remains strong, is to say that Ireland and every other member state has to have a credible path to putting its deficit back under control . . . It is for us to say what would work in a European context if a government doesn’t get its public finances under control.”


    http://www.politics.ie/europe/139887...ther-cuts.html
    Last edited by He3; 9th October 2010 at 06:21 PM.
    "It is difficult to get a man to understand something when his salary depends upon his not understanding it." - Upton Sinclair.

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    Politics.ie Member Magror14's Avatar
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    A country that went on a massive reckless spending spree on borrowed money can have no reason to complain when the excessively indulgent EU wants to examine closely our ability to keep budgetary discipline into the future. It is their money we are spending.

    Remember, no one took our economic sovereignty from us. We threw it away on 3 foreign holidays a year, latest model cars and 300K Semi-Ds in the back of beyonds.

    Time to grow up now and take the pain.

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