EURDEMOCRACY

Archives for corruption

The euro is pulverising European democracy. It is destroying democracy not only in Greece but in all other members of the euro zone. It is also destroying people’s hopes for a real democracy at the European level. It has caused a huge rift from north to south and between the crisis-ridden Euro Zone and EU… » read more

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In world monetary history, some currencies have lasted more than a thousand years. That won’t happen with the present euro. Its self-destruction is as certain as anything in politics. What is now urgent is to reform the currency on a solid basis. It will be a world-beater. A sound currency must retain a long-term store… » read more

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Commissioners are obliged by Treaty law to swear or affirm on their honour that they are absolutely impartial and independent. They must pledge not to take any instructions or seek instructions from governments, political parties or any interest groups or any ‘entities’, that is, anybody else. Is that clear? Believers in divine justice in our… » read more

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The Commission’s drive to reduce unemployment is working! Five former prime ministers and 19 former ministers have found jobs. They have high-paid employment as Commissioners in Jean-Claude Juncker‘s new Commission, announced on 10 September 2014. It is composed of a record-breaking number of politicians — twenty eight. It is 100 percent, wall-to-wall, card-carrying politicians. Career… » read more

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The former British Prime Minister Tony Blair has called for a ‘Grand Bargain’ to set Europe on the right track. Part of his idea, said Mr Blair speaking in Berlin at the Council for the Future of Europe on 29 October 2012, is the election of the President of the European Commission. ‘My feeling is… » read more

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The present euro system is on its last legs. A new European Currency will have to be built. How should Europeans create a Supranational Economic and Currency System? It should be fairly obvious that countries and nations that have fought each other for more than two thousand years need a system tailor-made for them. It… » read more

Posted by democracy

‘We are facing the the greatest challenge that I believe our Union has ever faced in its history.‘ That was what the President of the European Commission told the European Parliament in what he called the State of the Union message. Is it true? I don’t think so, unless Mr Barroso is hiding some utterly… » read more

Posted by democracy

The European leaders are learning the lesson known to all monetary authorities throughout the ages. The main foundation of all money is trust. Once trust evaporates the currency collapses. It is like chasing after a wild animal let loose out of a field. Is the European currency doomed to failure? No. The supranational European Community… » read more

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Three Members of the European Parliament (MEPs) have been caught in alleged corrupt practice. Demanding loads of money, they agreed to make amendments to legislation that favoured a private financial interest. Or so they thought. It turned out that the offer came from reporters of London’s Sunday Times. They had been caught in a public… » read more

Posted by democracy

Will the Euro survive? Will the European Union require stronger financial guarantees to make sure that there is not a knock-on collapse of the economies of eurozone countries? The targets of the financial market are euphemistically described as weak economies. Rather more than that is the core of the problem. Too often corruption is involved,… » read more

Posted by democracy