Friday, January 06, 2012

New Fiscal Compact Treaty Article I "Deeper integration in the internal market"

Article 1.
1.   By this Treaty, the Contracting Parties, as Member States of the European Union, agree on a “fiscal compact” and on a stronger coordination of economic policies, involving an enhanced governance to foster fiscal discipline and deeper integration in the internal market as well as stronger growth, enhanced competitiveness and social cohesion.

Not so much a shot across the bows of British Prime Minister, David Cameron, more a broadside from all three gun decks, designed to sink him, I would suggest!

The revised draft of the new Non-EU Treaty (which still seems to lack a proper name - is "International Treaty..." really a good opening?) is linked from here, (thanks to Open Europe).

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