European Commission chief Jean-Claude Juncker delivered his annual state of the union address on Wednesday, in which he laid out his grand vision for federalist Europe, and urged European Union governments to use economic recovery (i.e., Mario Draghi's nationalization of the bond market), the political weakness in the US and Brexit as "springboards" toward a closer union, built on an expanded euro zone and a pivotal role in world trade. The allegedly unintoxicated Juncker sketched out a vision of a post-2019 EU where 30 countries would be using the euro, with an EU finance minister running key budgets to help states in trouble.
Among the key proposals put forward by the EU Commission president were compulsory Euro membership for the remaining eight European states outside the bloc, for new countries to join the Schengen zone, plans for closer defensive cooperation leading to the creation of a European army in the next decade and easier ratification of EU-wide trade treaties with foreign powers. Tax and welfare standards would converge and Europe, not the United States, would be the hub of a free-trading world.
Blueprint - United - States - Europe
In short, a blueprint for a United States of Europe.
“The wind is back in Europe’s sails,” Junker told the European Parliament quoted by Reuters, citing economic growth and the easing of a succession of crises -- Greek debt, refugee inflows, the rise of eurokcepticism reflected in Brexit - that seemed to threaten the EU’s survival.
Millionaire - Warns - Americans - Out - Cash
Millionaire Warns Americans: “Get Out Of Cash Now”
Something strange is going on in the financial system. And according to The Wall Street Journal, it’s causing some investors to move massive amounts of money out of the banking system.
Juncker - Idea - Post - President - European
Juncker has also resurrected the idea of merging his own post with that of the President of the European Council, who currently represents the interests of its member state...
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