Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-06-13-Speech-3-292-218"
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"en.20120613.24.3-292-218"2
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"This legislative proposal paves the way for an unprecedented shift of fiscal power centrally to Brussels, enabling the Commission to set budget thresholds, opening up the potential of euro area debt instruments, encouraging EU-wide taxation, bringing forth a financial transaction tax that would seriously damage the City of London and render Europe globally uncompetitive and forging binding rules on Member State budgets and EU bonds. No single EU citizen has voted for, this, no single EU citizen wants this and it is abhorrent that legislation, which, in effect, would render the eurozone a federal super state, has occurred above any democratic recourse to the hundreds of millions of people it would negatively affect."@en1
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