France and Germany in power grab!
LONDON, England - August 17, 2011 - France and Germany were accused of masterminding a “monstrous” grab for power last night.
The two governments came under fire after calling for a “collective economic government” for the eurozone over the debt crisis.
German Chancellor Angela Merkel and French President Nicolas Sarkozy urged much closer economic and fiscal policy. The two leaders said they wanted twice-yearly meetings of the 17 heads of eurozone governments, chaired by Herman van Rompuy, president of the European Council. They also backed a tax on financial transactions.
But UK Independence Party leader Nigel Farage hit out at the proposals. He said, “This is simply a monstrous constitutional power grab that will do nothing to solve the real economic crisis.
“Bit by bit, eurozone members are losing their sovereignty as the European superstate is created. Nothing in these proposals will calm the markets. I am also prepared to bet that the European political elite will not ask permission of their peoples via a referendum to make this happen.”