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We therefore deem it highly inappropriate that a representative of the European Union is interfering with the affairs of a sovereign country, as your visit in the Czech Republic seems to be just that. The European parliament or the European Commission plays no role in this process.
On the brink of its 10th anniversary, the common European currency faces its first real test. CBW invited two experts with opposing views to evaluate how it has performed so far under the pressure of the financial crisis as well as to predict what awaits the eurozone. The optimistic perspective is presented by the macroeconomic strategist of Československá obchodní banka, who at the time of writing is a candidate for the post ofminister of finance, Tomáš Sedláček (pictured, page 51). The skeptical position is delivered by PetrMach (pictured, page 52), the director of the think tank Center for Economics and Politics (CEP) and the expected front man of the future conservative party with a close affiliation to President Václav Klaus.
There are two things in this plan, in addition to its Keynesian economic nature, that one should take note of: First, the European Commission has no EUR 200 billion, and so it actually expects that the money will be spent by the individual member states upon the Commission’s call.
In 2007 the biggest net contributors to the EU budget were the taxpayers of Luxembourg contributing EUR 438 per head over what they received. The biggest net recipients were the taxpayers of Greece receiving EUR 470 per capita over what they paid.
Executive Director of the Center for Economics and Politics and advisor to Czech President, Peter Mach, argues that the Czech government, like other governments of the other EU Member States, did not introduce to the Parliament the consolidated version of the Treaty of Lisbon specifying what had been chnaged as it is common with ordinary Bills. Thus the Czech government, Peter Mach suggests, is in fact selling a pig in a poke.
© Petr Mach 2003-2005
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