Wednesday, 12 January 2011

Crisis Committee Coming to Britain

In case we had forgotten, Britain is on the list of STUPID, heavily indebted countries, and later this month we can expect a visit from the EU’s Special Committee on the Financial, Economic and Social Crisis (CRIS) headed up by Wolf Klinz, onetime partner at McKinsey & Co and board member of the East German privatisation agency the Treuhandanstalt, so says Wpedia.

Herr Klinz opines (here pdf) that Europe is at a crossroads needing a "deepening of integration in the economic, budgetary, and social fields, more investments in infrastructure, a functioning labour market as well as a completion of the internal market ... a standstill of reforms in Europe would mean regression."

And on his blog he writes that:

"Reforms of the EU treaties are essential to master the crisis. By failing to address this issue, European leaders are pulling the wool over the eyes of European citizens. The heads of state should be honest to the citizens and they must act rapidly to address their concerns.

The solutions lie in more European integration. What Europe needs is a strengthening of the Community method and less intergovernmentalism."

I wonder if we will hear much about this visit from our media?

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