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Europe
Keep deficits to less than 3% GDP or scram sez EU MEP Carl Haglund
2010-10-09
“The ones who do not want to adhere to the rules can revert back to their national currencies”, Haglund says bluntly.
Posted by:Besoeker

#6  "The Greek deficits didn't look all that bad until the new government started digging into the books..."

Not exactly true. The IMF suspected the new administration was still "lowballing" deficit projections and went digging. They discovered that to be the case.
Posted by: crosspatch   2010-10-09 14:03  

#5  The Greek deficits didn't look all that bad until the new government started digging into the books...

It seems to me that "Keep deficits less than 3% and don't lie at all about matters financial" is where that needs to head. Although if that were the rule, America wouldn't be let in at this point, either.
Posted by: trailing wife   2010-10-09 12:23  

#4  Yes, at 30 something, very young and only an MEP, but I suspect his fiscal views may reflect a prevailing attitude among EU youth and conservatives...those that yet remain. I am encouraged.
Posted by: Besoeker   2010-10-09 11:01  

#3  He's just an MEP. It's not like he has any power or anything ...
Posted by: Steve White   2010-10-09 10:48  

#2  He's got a definate up-hill pull with that one.
Posted by: Besoeker   2010-10-09 10:31  

#1  Yeah, right. Like the bureaucrats running the EU will just let others walk away. Too much power to lose.
Posted by: DarthVader   2010-10-09 10:22  

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