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denem

(11,045 posts)

4. Lets be clear: This is a Balanced Budget Amendment

Reply to dipsydoodle (Original post)

Fri Mar 2, 2012, 08:01 PM

Mar 2012

to be audited and enforced in every member state by the EU commission.

A deficit of 1% will draw an inquiry.

A deficit of 3% will incur fines and sanctions,
by edict of the European Court.

It's more than irrational, it's Germany's
Fiscal Solution to the Eurozone Problem.

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Highlight:

EU summit: All but two leaders sign fiscal treaty [View all] dipsydoodle Mar 2012 OP

But what does it mean? Yo_Mama Mar 2012 #1

On the unemployment side you need to look at the background. dipsydoodle Mar 2012 #2

The economic climate in Europe is difficult Yo_Mama Mar 2012 #3

Lets be clear: This is a Balanced Budget Amendment denem Mar 2012 #4