Call For EU To Control Greek Budget !
- Fascism is rising across the west. What we have is an overt takeover by Illuminist Masonic banksters! The 10 Horn Beast of Biblical prophecy is rising! See also:
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Call for EU to control Greek budget !
Financial Times January 27, 2012
The German government wants Greece to cede sovereignty over tax and spending decisions to a eurozone “budget commissioner” to secure a second €130bn bail-out, according to a copy of the proposal obtained by the Financial Times.
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In what would amount to an extraordinary extension of European Union control over a member state, the new commissioner would have the power to veto budget decisions taken by the Greek government if they were not in line with targets set by international lenders. The new administrator, appointed by other eurozone finance ministers, would take responsibility for overseeing “all major blocks of expenditure” by the Greek government.
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“Budget consolidation has to be put under a strict steering and control system,” the proposal reads. “Given the disappointing compliance so far, Greece has to accept shifting budgetary sovereignty to the European level for a certain period of time.” Athens would also be forced to adopt a law permanently committing state revenues to debt service “first and foremost”.
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