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Italian General Election Thread

Yes, correct. This is one reason why a fiscal union for the EU would be a good thing. A Brussels-based budget office would be less willing to bribe constituents and it would be able to pursue counter-cyclical spending to benefit the nations, rather than politicians in power.

This is why fiscal union is such a difficult undertaking. I hope though that the current leaders plus the ongoing crisis combined will result in the union being created.

McHrozni

Unlikely, since the Merkel Administration has shot down Fiscal Union again.
 
Unlikely, since the Merkel Administration has shot down Fiscal Union again.

No, she shut down eurobonds and said Eurozone must follow existing rules first, further integration is second after that and then maybe we can talk about sharing risk with common bonds policy.

McHrozni
 

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