Tuesday, 15 May 2012

Fiscal Compact: Append and/or Amend?

IMO, what is wrong with the Fiscal Compact cannot be fixed with a growth oriented appendix that the German SPD seems to be satisfied with. 

It needs to be amended as to fix more realistic goals. France24 has just tweeted: "@France24_en [LIVE] Hollande says he will balance cutting budgets with a humane approach to growing economy #livef24". Does that mean making fiscal targets more realistic or flexible, thus achievable with humane policies or append a barbaric approach to cost cutting with a growth plan?

There's a big difference!

On verra!

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