{"id":6017,"date":"2015-02-26T06:26:06","date_gmt":"2015-02-26T11:26:06","guid":{"rendered":"http:\/\/olduvai.ca\/?p=6017"},"modified":"2015-02-26T06:31:36","modified_gmt":"2015-02-26T11:31:36","slug":"briefing-for-a-descent-into-hell","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=6017","title":{"rendered":"Briefing For A Descent Into Hell"},"content":{"rendered":"<h3 class=\"posttitle\"><a class=\"entry-title\" title=\"Briefing For A Descent Into Hell\" href=\"http:\/\/www.theautomaticearth.com\/2015\/02\/briefing-for-a-descent-into-hell\/\" rel=\"bookmark\">Briefing For A Descent Into Hell<\/a><\/h3>\n<p>Oh well, some are more equal than others. One day after Eurogroup head Dijsselbloem says France won\u2019t get any more lenience \u2026<\/p>\n<p><a href=\"http:\/\/www.thestar.com.my\/News\/World\/2015\/02\/24\/France-must-respect-EU-budget-rules--Dijsselbloem\/\" target=\"new\">France Must Respect EU Budget Rules<\/a><\/p>\n<blockquote><p><i>France must meet EU budget targets or risk damaging the bloc\u2019s entire framework for policing countries\u2019 spending plans, the head of the Eurogroup said on Tuesday. \u201cI don\u2019t think small or larger countries should be treated differently \u2026 It is crucial for the credibility of the whole fiscal framework that also France commits to it, both in fiscal terms and in reform terms,\u201d Jeroen Dijsselbloem, who chair meetings of eurozone finance ministers, told the European Parliament. \u201cI think that the Commission has allowed itself and France more time to scrutinise the figures but also to take more measures and prepare more proposals. The Commission will assess them first and then report to us at the beginning of March.\u201d<\/i><\/p><\/blockquote>\n<p>\u2026 the EC overrules him. Just like he overruled them a few days ago on the proposal for Greece that EC head Juncker had prepared for Varoufakis, but which Dijsselbloem swept off the table. A tit for tat battle of the peacocks? Talking with one voice it ain\u2019t.<\/p>\n<p><a href=\"http:\/\/www.nytimes.com\/2015\/02\/26\/business\/international\/france-gets-more-time-to-meet-eu-budget-rules.html\" target=\"new\">France Gets More Time to Meet EU Budget Rules<\/a><\/p>\n<blockquote><p><i>European Union officials on Wednesday gave France until 2017 to bring its government finances in line with the bloc\u2019s budget rules, despite the country\u2019s continued failure to adhere to them. The European Commission said it was recommending that France be given what amounted to a two-year extension to cut its deficit, which is expected to come in at around 4.1% of GDP this year and next, well above the 3% ceiling for the bloc. The commission, the executive arm of the European Union, is charged with signing off on member states\u2019 budgets to ensure they comply with Union rules.<\/i><\/p><\/blockquote>\n<p>&#8230;click on the above link to read the rest of the article&#8230;<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Briefing For A Descent Into Hell Oh well, some are more equal than others. One day after Eurogroup head Dijsselbloem says France won\u2019t get any more lenience \u2026 France Must Respect EU Budget Rules France must meet EU budget targets or risk damaging the bloc\u2019s entire framework for policing countries\u2019 spending plans, the head of [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2],"tags":[279,2535,284,333,353,1167,821],"class_list":["post-6017","post","type-post","status-publish","format-standard","hentry","category-economics","tag-eu","tag-european-commission","tag-european-union","tag-france","tag-gdp","tag-greece","tag-ukraine"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/6017","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=6017"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/6017\/revisions"}],"predecessor-version":[{"id":6018,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/6017\/revisions\/6018"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=6017"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=6017"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=6017"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}