The new President of the European Parliament, everyone's comedy German socialist, Martin Schulz has written in the Newshound, the Euiropean Parliamenrt's internal online newsletter his plans for the European Parliament.-
Which is odd, because as the President he should be looking at the workings of the Parliament at a technical/democratic level, rather than pushing his own partisan political agenda, but there you have it,
"What exactly are our proposals?- We want a financial transaction tax (In March 2011, an overwhelming majority of the MEPs called for the introduction of just such a tax).Lord save us.
- We want Eurobonds (Joint bonds issued at a low rate of interest can ease the debt crisis and stabilise the banking system).
- We want a European rating agency (a rating agency which breaks the US monopoly, which makes its assessments on the basis of clear criteria)
- We want a European growth initiative."
President Schulz also warned that a fiscal union which is not subject to scrutiny by parliamentarians is unacceptable and that the coherence of Union Law must be preserved.
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