Dear Chief Secretary to the Treasury,
I'm afraid to tell you there's no money left.
Signed, Liam Byrne

(Outgoing Labour Chief Secretary to the Treasury. May 2010)

Friday, 14 May 2010

European meddling?

Europe doesn't seem to want any EU countries to make their own budgets without prior approval - or that's what it looks like.
The European Commission is calling for EU powers to vet budgets of the 27 member states before the draft laws have been presented to the House of Commons, the Tweede Kamer, the Folketing, the Bundestag, the Assemblee nationale, or other national parliaments. It applies to Britain even though we are not in EMU.
Read the rest, it's a long article.

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