Commission president Jose Barroso unveiled plans for EU control over national budgets, including an incendiary demand that Brussels should vet budgets before their first reading in Westminster, the Bundestag, and other parliaments. Current account deficits and credit growth will be monitored. Brussels can imposing sanctions on states that let booms run out of control. \”We must get to the root of the problems,\” he said.
Essentially, the end of any fiscal or economic independence.
Going to be interesting in that coalition government really….the most eurosceptic of the large parties in alliance with the most federast of them…..