Politics World

Simultaneous ratification of the Covenants and budget growth (Holland)

The French parliament will look at the same time on all decisions adopted at the EU summit in Brussels on budget pact, the growth and the tax on financial transactions, said the president of the French Republic Francois Hollande on Friday.

“I propose that are submitted to parliament all decisions concerning Europe, the growth pact, banking supervision, tax on financial transactions, the fiscal pact, because there is consistency,” said the head of the French state during a press conference after the summit.

During his election campaign, M.Hollande promised that France would not ratify the EU treaty fiscal discipline imposed by Germany with the support of his predecessor Nicolas Sarkozy, without first having renegotiated to include a component growth.

The leaders of 27 member countries of the European Union agreed to spend 120 billion euros to boost the economy on Thursday. Satisfied, the French president announced that he would submit a “rapid” to parliament for ratification “all decisions” taken at the summit.

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