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  1. M

    The EU: In, out, shake it all about....

    The EU "divorce bill" The conclusion is that opinion is divided and the legal arguments are not tested. But you say we owe nothing. Who are we to believe?
  2. M

    The EU: In, out, shake it all about....

    Didn’t he say there was horse racing all over the world?
  3. M

    The EU: In, out, shake it all about....

    „Yet more Brits than Italians currently oppose the EU, with only 24 percent in Italy saying they would vote to leave the bloc compared to 35 percent in the UK.“ Is that what you wanted to point out?
  4. M

    The EU: In, out, shake it all about....

    There are loads of leavers moaning and cursing on the internet. If you read comments elsewhere there are remainers. But you think reading leavers comments is the be all and end all and you ignore the rest. We owe what we have agreed that we owe. Not what someone on an Internet forum claims we owe.
  5. M

    The EU: In, out, shake it all about....

    Rant? That’s your department. Saying things also..
  6. M

    The EU: In, out, shake it all about....

    No. You don’t know the difference between a monetary union, the EMU, and a fiscal union. Policy is another subject.
  7. M

    The EU: In, out, shake it all about....

    I don’t look at the reader‘s comments, but there is a huge thing going on about Andrew Neill connections to the Adam Smith Institue and also Newsnight and their dubious pro Brexit guests. What an amazing statement. Of course we have to pay what we owe. We are not donating money to the EU. We...
  8. M

    The EU: In, out, shake it all about....

    No they cannot because of the ECB.
  9. M

    The EU: In, out, shake it all about....

    A fiscal Union is a taxation union. Italy is not in a taxation union. An element of a fiscal union would help according to Bloomberg: „Europe also needs elements of a fiscal union, to help countries that are experiencing an isolated economic shock. Mario Draghi, president of the European...
  10. M

    The EU: In, out, shake it all about....

    Fiscal policy is basically taxation and spending controlled by government. Monetary policy is interest rates and money supply controlled by the central bank. Italy is bound by the EMU which has monetary union in the title. Have the Italians been told to alter their tax system or told what to...
  11. M

    The EU: In, out, shake it all about....

    It is pretty obvious that you don’t or can’t accept the difference and I am Christmas Shopping.. so Google it yourself.. It is not difficult
  12. M

    The EU: In, out, shake it all about....

    Good that you know that as all evidence points to the contrary. As for the EU army, members have a veto on that and BoJo the Clown said that we would be a bulwark for European military cooperation. Tell your bank manager that you are not paying your mortgage off because you’ve paid loads in...
  13. M

    The EU: In, out, shake it all about....

    Economic and Monetary Union of the European Union - Wikipedia
  14. M

    The EU: In, out, shake it all about....

    You mean 95% comes from our government. I know who holds most sway.
  15. M

    The EU: In, out, shake it all about....

    Monetary policy vs. Fiscal policy
  16. M

    The EU: In, out, shake it all about....

    The BBC is under attack for being pro Brexit. The 39bn will not go away. It will just mean years of litigation ( sound familiar? ). The 2 bn extra to the billions already approved/ spent on ‚no deal‘ will not come back.
  17. M

    The EU: In, out, shake it all about....

    https://www.quora.com/What-is-the-relationship-between-fiscal-union-and-monetary-union
  18. M

    The EU: In, out, shake it all about....

    The only hint at a fiscal union is the minimum VAT rate, with exceptions, for which we had a veto, but didn’t use it as we were also for a minimum VAT rate. There is a monetary union for the Eurozone, which you confused with a fiscal union. And I certainly don’t remember you understanding pooled...
  19. M

    The EU: In, out, shake it all about....

    No. Some still think the evil EU is dictating it’s will to the poor Italians. I have said all along that they are voluntarily in a monetary union and have agreed to it’s terms. Which, as you have just realised, means giving up a bit of sovereignty to be part of a multilateral agreement and to be...
  20. M

    The EU: In, out, shake it all about....

    The limit for new borrowing was set at 3% in the agreement. The limit of sovereign debt was set at 60% of GDP ( if I recall correctly ) and the present GDP ratio is 160% and rising. The interest payments are more than the education budget. Italy has agreed to hold the ratio at that. The...
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