April 25, 2008
As far as the budget is concerned, we need to focus primarily not on expenditure but on those aspects of fiscal policy of the Member States which fall under the remit of the EU.
The first priority is to eliminate the idea of unanimity- that is to say, the right to veto- in decisions pertaining to this fiscal policy. It must in no way be the case that one single country is in a position to veto such an important principle, for example, as the harmonization of indirect taxation in the Member States.
We need to substitute decision by unanimity for the normal procedure: double majority in the Council and co-decision in the EP.Author : EMI