Germans want EU budget commisioner for Greece

[dipsydoodle]

Last edited Sat Jan 28, 2012, 07:14 PM - Edit history (1)

A leaked plan from the German government proposes a eurozone "budget commissioner" to take control of Greece's tax and spending, reports say.

The Financial Times, which has a copy of the plan, calls it an "extraordinary extension" of EU control.

Greek Education Minister Anna Diamantopoulou called the German plan "the product of a sick imagination".

The European Commission said the budget "must remain the full responsibility of the Greek government".

http://www.bbc.co.uk/news/world-europe-16773974

Greeks reject German plan for EU budget commissioner.

Greek officials have reacted angrily to a leaked German proposal for an EU budget commissioner with veto powers over Greek taxes and spending.

The Greek government said it must remain in control of its own budget.

The European Commission says it wants to reinforce its monitoring of Greek finances, but Greece should retain sovereign control.

Meanwhile, Greece and its private investors are close to a deal which will pave the way for a second bailout.

http://www.bbc.co.uk/news/world-europe-16777322

[abelenkpe]

1. Can't imagine Greece going for that. nt

[Harmony Blue]

2. This will not go over well with the Greek population

especially given there is still tension because of war reparations.

[JackRiddler]

3. We should note that Greece already has a banker junta.

One of the primary architects of the Greek debt crisis, the very same man who negotiated the credit swaps with Goldman and JPM largely responsible for the crisis, is currently posing as prime minister, though Greeks had no chance to vote him in.

Having a banker junta that is clearly identified as such may actually be better than having a banker junta pretending to be a parliamentary government. At least the people will not be deceived.

[LarryNM]

4. Global Corporatism Caused the Problem

and force their Michigan-style "solution" with aid of Corporate McPravda on Humanity.

[fascisthunter]

5. Exactly....

[Eugene]

6. BBC: Greeks reject 'impossible' German plan for budget veto

Source: BBC

29 January 2012 Last updated at 17:30 GMT

Greeks reject 'impossible' German plan for budget veto

Greece has rejected outright German proposals for the EU to hold power over its budget.

Culture Minister Pavlos Yeroulanos told the BBC it would be "impossible" for Greece to cede control of its tax and spending powers.

There are concerns the measures Greece has taken to cut its budget deficit have not gone far enough.

Meanwhile, Greece and its private creditors are close to a deal to cut dramatically the country's debt levels.

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Read more: http://www.bbc.co.uk/news/business-16780448

[RUMMYisFROSTED]

7. Germans?