Issues I want to talk to you about throughout the day (update1)

There are few topics I will bring to your attention today. I will update them throughout the day.

The first one.  How credible is Romania, in your view, when it comes to suggestions about fiscal policy? We all heard president TB yesterday saying that he will go to the EU summit and he will propose his version of solving the EU crisis. His (our as a country) solutions refer to making the fiscal rules from Maastricht treaty more binding.  But isn’t Romania in the excessive deficit procedure because we did not abide by the Maastricht treaty? That should undermine our authority in these matters a little. Don’t you think?

The second one. As my motto says, I am a skeptic. However, I do not buy the EURO blow up story. Not now. Thus, I do not get the messages, even while at the summit, see NS, that we are close to total annihilation. What I fear is that to get elliminate this teriible scenario EU leaders will come up with some solutions that will mean more state intervention, more taxes and  possible some capital controls. What do you think?

(More thoughts later)

4 thoughts on “Issues I want to talk to you about throughout the day (update1)

  1. Sorry, I don’t see the point of the question; Romanians, in general are quite imaginative, what stinks is the lack of staying power/discipline required for the implementation of such ideas. In this case there is no such danger, the Germans will do it for for everybody!

    1. My point, obviously not very clear, is that if we know very well what to do when there is fiscal and debt issue, why didn’t we do it at home? the same goes for Germany and France. The two countries were the first to break the deficit rule in the M. treaty. Who’s to say they will not do it again in the future, whatever the new treaty will say?
      Before we tell others how to solve their problems, I think we should use our “imagination” to solve our own.

  2. “…if we know very well what to do when there is fiscal and debt issue, why didn’t we do it at home?” – simply put, because knowing and doing are two very different things.

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