Tag Archives: brussels

Brussels plans European banking union from 2013

BBC News A single regulator to oversee banks across all 27 European Union states could be in place as early as 2013 according to the European Commission. A controversial new bank bailout fund financed by a tax on financial institutions … Continue reading

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EU Demands Right To Dictate National Budgets

Source: AFP The European Union called Wednesday for sweeping new powers to override national budgets and decide when governments should be placed under the wardenship of Brussels technocrats.

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Nigel Farage: Trapped Inside an Economic Prison (Full Version – Ch. I, II & III)

YouTube A collage of speeches by UKIP Leader Nigel Farage MEP in the European Parliament in Strasbourg and Brussels as Co-President of the Europe of Freedom and Democracy Group (EFD). Excerpts relate to the euro currency crisis leading up to … Continue reading

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Britain, Sweden and Netherlands refuse to sign off EU accounts

Valentina Pop EU Observer BRUSSELS – EU finance ministers on Tuesday (21 February) rubberstamped the bloc’s accounts for 2010, but Britain, Sweden and the Netherlands opposed the move, noting that auditors found too many errors for the seventeenth year in … Continue reading

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Auditor: EU agencies mismanaging their budgets

Valentina Pop EU Observer BRUSSELS – A report by the European Court of Auditors has found problems in the way the EU’s 31 agencies manage their budgets. The findings are likely to fuel the debate about the usefulness of the … Continue reading

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Barroso to China: EU is not falling apart

Andrew Rettman EUObserver BRUSSELS – European Commission chief Jose Manuel Barroso has told the Chinese public that the EU is going to become a fully-fledged “political union” after the financial crisis. Speaking to TV cameras after a meeting with Chinese … Continue reading

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Corporate giants take note of EU internet rights bill

Source: EU Observer The EU commission has unveiled a single EU-wide law on internet privacy that could see overseas firms hit with multi-million-euro fines. EU justice commissioner Viviane Reding told press at the launch event in Brussels on Wednesday (25 … Continue reading

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Now Brussels clobbers British holidaymakers with a green tax on flights: Family of four forced to pay £80 more to fly to America

Source: Daily Mail A green tax imposed by Brussels will cost a family of four £80 more to holiday in the U.S. The controversial levy comes into force on January 1. A ruling yesterday by the European Court of Justice … Continue reading

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Nigel Farage: Bully Boys in Brussels Building Europrison

Source: RT The Greek economy – already teetering on the brink – has taken another turn for the worse. That’s the verdict coming from IMF officials. Austerity inspectors visited the country to check whether it’s meeting the conditions set up … Continue reading

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