|Half inched from Zerohedge.|
Countries will be forced to submit their budgets for EU approval before they go to national parliaments, will have to sign up to strict new rules on the size of debts and deficits and will be sued for any breach in the European Court of Justice.Mrs Exile comments, wondering if this would be the same EU that hasn't had its books signed off by the auditors for 17 years in a row. Damn good question. But in the absence of any sane answer I'd say that countries all over Europe can look forward to seeing headlines like the Irish did a couple of weeks ago.
Unless the whole bloody Euro train wreck finally comes off the rails first, of course. Who knows, that might even have happened by the time this post goes up.