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Do we want a joint European finance ministry?

Book review written by Pål Steigan
Only five per cent of the so-called "aid money" to Greece went to the Greek economy. The rest has gone to the financial capital to save the banks.

(THIS ARTICLE IS ONLY MACHINE TRANSLATED by Google from Norwegian)

"It is rude to say that this is not a waiver of sovereignty," said Sps Liv Signe Navarsete, commenting that the Government wants Norway to be included in the EU's financial supervision, while Finance Minister Siv Jensen stated that "this is not about self-government law". 11. In May, the Government presented a bill to put the Norwegian Financial Supervisory Authority into the EU. The issue of sovereignty should be a closed discussion. The Government itself has proposed that the Bill must be considered in accordance with Section 115 of the Constitution. And it says it needs at least three-quarters of the majority in the Storting to transfer authority to international bodies.

The government is clearly in a hurry in this matter, which is about the biggest relinquishment of sovereignty since we became. . .

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Pål Steigan
Steigan has its own blog on steigan.no.

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