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You are here : World News – Russian opinion» WORLD» Economic government of the eurozone countries led by Herman Van Rompuy

Economic government of the eurozone countries led by Herman Van Rompuy

Posted By Russian Opinion. Under WORLD  Tags: Government  

As reported, on the eve of a joint discussion of the debt problems of the region, they have put forward a number of proposals: first, to create at least 2.5 years of government economic monetary union, which will include the Heads of State and Government, and secondly, to register in countries' constitutions euro-zone members to taking only balanced budgets. In addition, France and Germany intend to impose a tax on financial transactions and harmonize their taxes on corporate activities. Despite the seriousness of the proposals, the skeptics have begun to criticize the decision of the Franco-German summit. The head of the Brussels office of Open Europe Peter Kleppa said: "These proposals do not stabilize the situation for the simple reason that the problems are not caused by the euro area fiscal irresponsibility. Well, maybe this is partly true for Greece, but what happened in Spain and Ireland, due to the policy of uniform rates. It is very difficult to conduct a single monetary policy for the whole eurozone. " Greece reaction to the outcome of a meeting in Paris can be described as nothing but cautiously optimistic. Athens lobbied the idea of introducing unified government bonds, and now the Ministry of Finance of Greece to note that even if the July summit decisions on the allocation of loans in Greece were without revision. As for the new proposals for tax coordination in Europe, the Ministry of Finance here in Greece sees first and foremost, support the single currency and alignment rules of the game on the field of tax benefits and preferences provided by the individual countries of the eurozone. European Commission President Jose Manuel Barroso and European Commissioner for Monetary Affairs Olli Rehn unanimously supported the establishment of a regular summit of the euro area and endorsed the idea of introducing an additional financial burden for market participants in Europe: "Taxes on financial transactions will be a key element in ensuring a more equitable contribution to the financial markets in the state budgets." In the near future the European Commission will tell you what her new taxes are seen in the financial sector.

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