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"...even the wicked get worse than they deserve." - Willa Cather, One of Ours

Wednesday, May 12, 2004

Money...It's a Gas

EURSOC
...[Britain's Chancellor of the Exchequer Gordon Brown] went on to argue against further cash demands from Brussels...

Brown said that any rise in payments to Brussels would be "unrealistic, unjustified and unacceptable."

Brussels is demanding a budget increase to 650 billion Euros - a hard sell as most of the Eurozone's contributing nations are struggling with recession, made even more difficult as evidence of waste and corruption leaks from the EU's bureaucracy every day. The EU's own auditing office has been unable to declare the Union's accounts clean for nine years running...
The EU, as a counterbalance to US policy, seems very far off in the distance. Partially due to their own incompetence, and partially due to the policies of the Bush administration, trans-national and international institutions have been significantly weakened over the last few years. And this doesn't likely to change any time soon.
Posted by: Zayphar / 5/12/2004 07:23:00 PM
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