BRATISLAVA, December 10, (WEBNOVINY)- Finance Minister Ivan Miklos who debated the outcome of the EU summit on solutions to the debt crisis with SMER-SD Deputy Chairman and ex-state secretary of the Finance Ministry Peter Kazimir on Slovak Radio on Saturday finds the fiscal union in terms of boosted and automatically enforceable rules as approved at the summit an inevitable condition for the functioning of not only the eurozone. He underscored that all countries but the UK submitted to new rules while only the Czech Republic and Sweden have yet to negotiate them at home. “What migth be better evidence of that such fiscal union is necessary, acceptable and inevitable not only for eurozone members but also for the states that are not in the eurozone?” asked Miklos. Anyway, the minister would have preferred more progress achieved. However also that on what the countries managed to agree is a good message. Another important matter regarding short-term signals could be a significant boosting of the capacity of the International Monetary Fund (IMF) by Christmas.
Kazimir said that he no longer wants to spread endless optimism regarding the euro’s future. He does not perceive the outcome of the summit following the first night to be good. “In the night – I perceive it in this way, Britain has declared war against the rest of Europe, egotism of British is endless,” stated Kazimir. In the current situation China might behave more kindly to Europe than Britain and so her Majesty’s subjects might decide whether they are allies or strangers in Europe, he said. Kazimir stated that it was because of Britain that the path of community law was not taken, i.e. the way of expansion of the Lisbon Treaty, but an alternative form of agreements was sought for that might bring further risks.
SITA