Europe
The Final Countdown
***
Joan Baez
We shall overcome
(Venceremos)
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Quinta-feira, Maio 20

Mudanças ao Tratado de Lisboa?

Pelos vistos já se encara alterações ao Tratado de Lisboa!
Mas agora a coisa é mais complicada, o que se pretende é passar dos Parlamentos Nacionais para Bruxelas o verdadeiro poder de estabelecer quais os orçamentos dos Estados Membros.
Dá vontade de perguntar, eleições, para quê?



The front page of the Times carries the headline 'The Euro is in danger', citing German Chancellor Angela Merkel's words yesterday that the consequences of a failure to deal with the crisis in the eurozone would be "incalculable". Handelsblattreports that the French are angry at her comments, which have seen the euro slump in market trading today. French Finance Minister Christine Lagarde told RTL Radio: "The euro is a solid and credible currency. I absolutely do not think that the euro is in danger."
 
The Times reports that European finance ministers will meet tomorrow for more emergency talks on the crisis and are expected to hear calls from Germany for changes to the Lisbon Treaty to give Brussels powers to co-ordinate national budgets. Le Monde reports that recent European Commission's proposals aimed at giving the EU budgetary supervision powers are creating concerns within the French Parliament. The UMP group chief Jean-François Copé has said he's "hostile" to the idea. EurActiv France quotes the President of French Senate Gérard Lacher saying that the proposals are "constitutionally inapplicable".
 
In an interview with the FT German Finance Minister Wolfgang Schäuble says: "When we introduced the euro in the 1990s, Germany wanted a political union and France did not. That is why we have an economic union without a political union. Political union naturally means a bit of federalism in the German sense of federal. It means that one can no longer take certain decisions on a national level. That is very hard for the UK. It's often not so simple for France, but France finds it easier to take European decisions."
 
Hans-Werner Sinn, President of the German Economic Institute IFO, has heavily criticised the eurozone bailout package, saying it was "one of the most seriously wrong decisions in the history of the German Federal Republic", reportsHandelsblatt.
 
The Telegraph reports that six members of the FDP in Germany's ruling alliance are to vote against the EU bailout package in tomorrow's vote in the German Parliament, meaning Chancellor Merkel must reach out to Social Democrats and Greens to secure a safe majority. Bloomberg reports that German FDP MP Frank Schäffler has said he'll quit as the party's deputy spokesman on the Parliament's Finance Committee over the government's support for the bailout package.
 
An analysis piece in FAZ suggests that, as a result of the crisis, the EU runs the risk of losing the trust of its citizens, adding: "the politically crucial question in the next months is whether this trust will survive the crisis." The article argues that the change in the mood of populations would have serious implications for the cohesion of the EU: "It would mean that in the future we will not speak of deepening, but rather of deconstructing the union."

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