Thursday, January 26, 2012
David Cameron has described European Union plans for a financial transactions tax as "madness" in a speech in Davos.
The Prime Minister called for a target for reducing Brussels red tape that he said was holding back business.
He accused the EU of "doing things to make life even harder", despite the need for businesses to grow.
Unnecessary regulations "can destroy jobs," Mr Cameron added.
He said the European Commission's own analysis of a financial transactions tax could reduce the GDP of the EU by 200bn euros.
"Even to be considering this at a time when we are struggling to get our economies growing is quite simply madness," he said. Read More
Note; Why is it that during the past several months they have all talked very eagerly and constantly about a solution for Europe but have done everything in their power to block the solution.
It looks from the outside that they WANT the Euro to Fail despite of what they say.