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May 8th, 2012 
FAKE NEWS for the Zionist agenda
Mrs Merkel has refused to discuss the pact, which was signed by Nicolas
Sarkozy in March and has warned Mr Hollande that popular French rejection of
austerity measures, such as the plan to raise the age of retirement, will
not be allowed to change anything. Joerg Asmussen, Germany’s member of the
European Central Bank, insisted that Germany expected Mr Hollande to
implement a raft of austerity measures agreed by Mr Sarkozy to bring
France’s budget into line with eurozone rules that deficits should never be
above three per cent of GDP a year.
“I expect France to implement the fiscal pact unchanged. It must be clear
to all that the fiscal pact must not be weakened in its substance,” he
told Germany’s Handelsblatt newspaper. “In addition, I expect
the new government to respect the promise to reduce the public deficit next
year below the three per cent mark.”
Germany’s hard line was rejected yesterday by France. “Merkel’s ideas
were beaten by French universal suffrage,” said Arnaud Montebourg, a
Socialist MP and close adviser to Mr Hollande.
French anger has also been inflamed by leaked diplomatic cables disclosing
that the German chancellor telephoned Mr Sarkozy on Monday to thank him for
being “close and trustworthy”.
Officials and diplomats have suggested that Berlin and Paris are preparing a
deal to boost EU spending on growth policies in return for Mr Hollande’s
agreement not to force renegotiation of the pact.
David Cameron is expected to clash with Mr Hollande over the proposal, which
would cost British taxpayers more than £11 billion in additional EU
membership payments. “The plans are unrealistic, unrestrained and
incompatible with the tough decisions on spending being taken in countries
across Europe,” said a government spokesman.
In a bid to woo the new French leader, José Manuel Barroso, the European
Commission President, yesterday called on European leaders to accept an 11
per cent increase in EU spending from 2014 to 2020 as part of a “growth
budget”.
His call was echoed by Pascal Lamy, a French Socialist and head of the World
Trade Organisation. “The survival of the eurozone depends on an
economic government and a European growth budget,” he said.
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