Mittwoch, 30. Mai 2012
Stability criteria, debt brake, Fiscal Pact ... the next joke, please. Clean and dressed up the candidates who are interested to join the European Union or the euro zone stand on the doorstep of the EU . This may, according to Maastricht Treaty and its stability pact, be done only with pure deficit clothing. A look over the fence reveals, however, that the old members do not care about these rules. Rather, they are wallowing in deficit dirt, as France's President Chirac and Chancellor Schroeder of Germany are demonstrating. (2003).