European Monetary Fund backed in Germany

One option, according to Brzeski, is to have all euro countries contribute an amount to a fund based on a percentage of their Gross National Production. The problem with that option, he said, is that Germany, with Europe's largest economy, would be the largest contributor. “So that idea would certainly be a hard sale to German taxpayers,” he said.

B92

I don't think the idea of EMF as a slush fund for treasuries in trouble is feasible.Net contributing countries will resist such a proposal because of domestic considerations and instead they would propose the EMF to act as a regulator or an enforcer of fiscal discipline
in member countries.But to enforce fiscal discipline you must have a unified fiscal policy which at present is absent in EU.

What i think is likely to happen is public sector borrowing requirements within the Eurozone will be met by Eurozone institutions with total exclusion of Anglo-US hedge funds.This will allow the EU to regulate more the activities of those institutions.This will continue until the eurozone stumbles to next crisis.

IT looks and smells like a tax on every European or for any one stupid enough to agree to it. As if we are not taxed enough. Lets all join hands as some of the European counties are going over the cliff buy their own folly stupidity to bail them out and the banks. So they can take all of us idiots down how are dumb enough to buy in to it and sine on to it.

Luk 2:1 And it came to pass in those days, that there went out a decree from Caesar Augustus, that all the world should be taxed. Its coming boys and girls a new Cesar for the EU and the world it is a manufactured crises so you all will be slaves of the "New world Order" not so knew pretty old under different disguise.

Lenard you sound as if you would be quite happy to live your life in the mid west of the USA.

There you could join a militia of gun toting, god fearing bible bashers. You could lie in wait for the inevitable ivasion of the US by the globalist forces of taxation.

Did you ever watch millenium, they showed it in Serbia for a while. You know when you start quoting you remind me of that music and end of the world is nigh stuff...

IT looks and smells like a tax on every European or for any one stupid enough to agree to it. As if we are not taxed enough. Lets all join hands as some of the European counties are going over the cliff buy their own folly stupidity to bail them out and the banks. So they can take all of us idiots down how are dumb enough to buy in to it and sine on to it.

One option, according to Brzeski, is to have all euro countries contribute an amount to a fund based on a percentage of their Gross National Production. The problem with that option, he said, is that Germany, with Europe's largest economy, would be the largest contributor. “So that idea would certainly be a hard sale to German taxpayers,” he said.

B92

I don't think the idea of EMF as a slush fund for treasuries in trouble is feasible.Net contributing countries will resist such a proposal because of domestic considerations and instead they would propose the EMF to act as a regulator or an enforcer of fiscal discipline
in member countries.But to enforce fiscal discipline you must have a unified fiscal policy which at present is absent in EU.

What i think is likely to happen is public sector borrowing requirements within the Eurozone will be met by Eurozone institutions with total exclusion of Anglo-US hedge funds.This will allow the EU to regulate more the activities of those institutions.This will continue until the eurozone stumbles to next crisis.

Luk 2:1 And it came to pass in those days, that there went out a decree from Caesar Augustus, that all the world should be taxed. Its coming boys and girls a new Cesar for the EU and the world it is a manufactured crises so you all will be slaves of the "New world Order" not so knew pretty old under different disguise.

Lenard you sound as if you would be quite happy to live your life in the mid west of the USA.

There you could join a militia of gun toting, god fearing bible bashers. You could lie in wait for the inevitable ivasion of the US by the globalist forces of taxation.

Did you ever watch millenium, they showed it in Serbia for a while. You know when you start quoting you remind me of that music and end of the world is nigh stuff...