Courtesy of Mish.
A story is making the rounds that suggests leaders are going to get together and hammer out a “fiscal union”.
The story appears to have originated on the Welt Online, a German tabloid. The article mentions a Secret Plan for a New Europe.
EU institutions should design the master plan
At their informal meeting on 23 May had given the leaders a work order to the EU Council President Herman Van Rompuy, Commission President Jose Manuel Barroso, on the Euro Group President Jean-Claude Juncker and the head of the European Central Bank (ECB), Mario Draghi.
The four are to design a roadmap “for the EU to a new level” can be lifted. “Three or four conversations,” President of the round was planned in the coming weeks, there will be conference calls, the institutions were in close contact.
Van Rompuy will present key elements of the plan at the summit in late June. They should be included in the final declaration. By the end of the year, the Heads of State and Government of the “roadmap” and decide then officially in black and white. It could be a revolutionary document.
More Holes Than Swiss Cheese
One look at the nannycrat participants led by Van Rompuy and Jean-Claude “lie when it’s serious” Juncker, is all you need to do to know the plan has far more holes than Swiss Lorraine cheese.
I would have thought that no one could possibly take this seriously, even if such a meeting were agreed to.
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