Wednesday, November 21, 2012

THE WALL IS BEING REBUILT...

THE WALL IS BEING REBUILT...we, the Romanians, as well as England seriously have to get out NOW...the fact that they are even THINKING about asking why someone would want to move is sickening!!!!
It would be far better to leave the EU than to keep saying 'no' to everything. Of course, we could just say 'yes' instead but that would be anti-democratic, as the British people, via Parliament, have decided not to.
This is the crux of the matter; the EU is an inherently anti-democratic machine and has nothing whatsoever to do with trade. It is time that this 'red herring' was netted and gutted. Then again, the Common Fisheries Policy doesn't allow us the freedom to catch this type of fish as and when we want to in our own waters.

A google translation of news from today from germany:
"Handelsblatt": European Commission wants to prevent legal tax avoidance
For "anti-abuse clause" in national tax laws...The European Commission wants to press action against it that companies and wealthy citizens escape by moving within the EU taxation. The EU member states would have to an "anti-abuse clause" in their national tax laws add to remedy the situation, told the newspaper "Handelsblatt" (Wednesday edition) of Commission circles. The clause is intended to enable the tax authorities to check migration willing companies or individuals. Affected businesses and citizens would have to show that there is in addition to the tax or otherwise, for their move to another country. The complaint about the lack of tax compliance by companies and wealthy citizens by moving to another country is widespread.

3 comments:

jiji said...

It is time to take this Country out of the European Union Mr Cameron, no "iff's nor buts" just out.

The UK stretches its arms over the whole wide World. The Commonwealth, the British Overseas Territories, The Crown Dependencies and the rest of the whole World to trade with.

Britain
would survive AND PROSPER outside the EU. It would be richer for it would not be paying Billions and Billions of hard earned British Pounds to the European Union to WASTE. And it will be more powerful.
And greatest news of all, its citizens would regain their independence-and FREEDOM FROM FOREIGN RULE.

A plus here too. The EU's snoopers Data Retention Directive can be scrapped- no more monitoring e-mails, telephone calls, Texts, etc. FREE FROM FOREIGN RULE, and if anyone, any MP, Government, suggests signing another Treaty of any document that removes the tinyest bit of Sovereignty. Hmmmmmph! Well!

Anonymous said...

man Chancellor Angela Merkel gestures during her speech at the German federal parliament today. Photograph: Michael Sohn/AP
More developments in the political arena – Angela Merkel has told the Bundestag this morning that there is 'a chance' of a deal on Greece next Monday (yup, just a chance), and also warned that the eurozone crisis will rumble on for many more years.

Merkel said:


I believe there are chances, one doesn't know for sure, but there are chances to get a solution on Monday.

But the longing for one act, one miracle solution, one truth that means all our problems are gone tomorrow ... this will not be fulfilled.

What was neglected over years, over decades, cannot be taken care of overnight and therefore we will need to continue to move step by step.

Merkel was taking part in a debate on the 2013 German budget, after opposition leader Peer Steinbrück called for a delay while the immediate Greek deadlock was solved

Anonymous said...

The average yield on the 2021 bond was 5.517%, compared with around 5.6% for the benchmark 10-year on the secondary market, a long way from over 7% levels in July.

Nicholas Spiro, managing director of Spiro Sovereign Strategy, has three points to make on it all:

1. The surreal air of calm surrounding Spain's bond market shows no signs of dissipating. Quite the opposite. The Treasury has met its financing needs for this year and is already pre-funding its 2013 requirements. The fairly modest size of today's auction, and the enduring signalling effect of the ECB's bond-buying programme, made for a relatively successful sale - and one of longer-term paper at that. Demand held up and yields for the 3 and 5-year notes were just a tad below secondary market levels. For the time being, Spain is accessing the market with relative ease.

2. Right now, the million dollar question is: how long will the ECB's signalling effect alone suffice to suppress Spanish yields? It's tempting to take the view that the market is becoming less sensitive to a Spanish request for an ECB-backed bond-buying programme. Madrid would like to think this is the case but it's very unlikely, given the scale and severity of Spain's financial and economic plight, that investors no longer believe Spain requires external aid. The reality is that the current standoff over a sovereign bailout for Spain suits all three sides - Madrid, investors and the ECB - to varying degrees.

3. This is the longest period of relative calm enjoyed by Spanish and Italian debt markets since the eurozone crisis escalated dramatically in November 2011. Indeed, the yield on 10-year Spanish paper now stands at the top end of the band in which it was trading early last year when Spain was said to have "decoupled" from its more distressed eurozone peers. But while the ECB is holding the fort, eurozone leaders keep dragging their feet in putting in place the political, regulatory and institutional measures needed to shore up the ill-managed single currency area.