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Saturday 11 February 2017

Europe’s United Market is a ‘Project for the Business Establishment’

Sputnik

The euro currency is a major factor accelerating the process of economic and political disintegration within the European Union, according to Belgian left politician Peter Mertens.

The European Union is now “disintegrating,” Paul Magnette, Minister-President of the Belgian French-speaking region of Wallonia, said in a recent interview with L’Echo.

“We are nearing a process of political disintegration, with some countries becoming ungovernable,” the politician said.

Magnette also criticized the euro currency as poorly thought-out, which accelerated “social and financial deregulation.”

Magnette has been known as a vocal critic of the Comprehensive Economic and Trade Agreement (CETA), a free trade deal between the EU and Canada. In the interview, he also spoke out for withdrawal from the bloc of such countries as Romania, Bulgaria, Poland and Hungary, following the Brexit example.

Magnette’s remarks are especially surprising, taking into account the fact that such criticism came from a left-wing and pro-European politician.

Peter Mertens, the leader of the Workers’ Party of Belgium, underscored that in Belgium criticism of the current state of European integration comes from left-wing political forces, not from the right, like in France or in the Netherlands.

“From the very beginning, the euro has been a problem. The currency was designed to serve the interests of Germany, Europe’s strongest economy. It was clear that the European united market was not people’s will. It was a project for the business establishment,” Mertens said in an interview with Sputnik French.

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