– How rude of Donald Tusk, the president of the European Council, to put on Instagram that there were “no cherries” for Mrs May. How completely contradictory of EU behaviour too.
The 1992 Maastricht Treaty set out the financial principles for eurozone members, and the subsequent Stability Pact enjoined fines for members who break them. Budget deficits should have been no greater than 3 per cent of GDP, and total government debt no more than 60 per cent. Another provision permitted no bailouts of member states. Just about every member state broke these debt rules, and no fines were levied. There have been six individual bailouts.
The Schengen Agreement, which supports free movement of people, is currently suspended by six member states.
“Core” principles, apparently inviolate when it comes to Brexit, are ripely cherry-picked when it suits the EU.
Good Morning Sunday 23rd August 2926


