The Dutch Christian
Union (thanks anon., for the correction) are now joining Geert Wilders Freedom Party in trying to block the ratification of the ESM Treaty in the Netherlands. The following is an extract from the Dutch Press Review
of today from Radio Netherlands Worldwide
Christian Union joins Wilders to block EU fiscal pact
The Christian Union has searched its conscience and turned to the
Socialist Party and Geert Wilders’ Freedom Party (PVV) on the question
of the European Stability Mechanism (ESM), writes de Volkskrant.
While the other four parties involved in the Spring Accord – the
minority caretaker government’s latest austerity package negotiated with
the opposition to balance its books – the Christian Union “cannot
approve this treaty,” says party leader Arie Slob. If parliament
ratifies it, then we lose control of 40 billion euros, he exclaims.
“Those 40 billion euros amount to our total education budget and what
we spend on safety.” Slob says if countries need to make use of the
fund to pay off countries in distress, then there should be a vote each
time. “Without this consent, the accord lacks democracy.”
And as the eurozone begins to appear less like a trading and fiscal
union than a self-help group for debt addicts, the chance is
considerable that a country which has run adrift will be begging for
some ESM fix at some point.
“PVV leader Geert Wilders is seeking an injunction against the state
to block parliament’s ratification of the ESM this week,” continues de Volkskrant.
Wilders sees the permanent bailout fund which is part of an EU fiscal
pact to reinforce economic surveillance as “an unlawful action”.
The Netherlands might need to join the debt group itself. Since 2008,
the country has degenerated from a leading economy to “a trouble
child”, writes de Volkskrant in its economy section, citing a Standard & Poor’s report.