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Germany rejects Spanish plans to penalise EU budget breakers

AFP/The Local · 10 Jan 2010, 13:30

Published: 10 Jan 2010 13:30 GMT+01:00

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Spain currently holds the rotating EU presidency and wants to push for a form of European "government" on economic issues to replace the EU's long-term growth strategy.

The new initiative would include both incentives to perform and "corrective measures" for failure, Spanish Prime Minister Jose Luis Rodriguez Zapatero said on Thursday.

But while German Economy Minister Rainer Brüderle said he welcomed the idea of EU members better coordinating their economic policies, he warned against creating "a new bureaucracy."

"I do not think the idea of imposing sanctions on member states for not fulfilling fixed targets is sensible," Brüderle said in a statement on Saturday. "Up to now, the Lisbon strategy has been based on a partnership approach without sanctions and we ought to continue that."

The Lisbon Agenda, as the old strategy was known, was supposed to make the EU the world's most competitive economy by 2010 but never achieved its aims as governments were under no obligation to conform.

Story continues below…

Spain will launch the initiative at a summit in Brussels on February 11 which will focus on ways to revive sluggish growth.

AFP/The Local (news@thelocal.de)

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Your comments about this article

15:14 January 10, 2010 by Celeon
Ouch !

What kind of a proposal was this supposed to be?

A communist five year plan with fixed numbers or what? And that in times of a economic crisis in which nobody can foresee how good or bad things will go in the next 5 years?

Proposals are what everyone expects from a country that holds the presidency but to come up with such a unsophisticated awkward blunder which will be greeted by chuckles at best is not exactly a good start for Spain.
19:41 January 10, 2010 by wxman
It's always highly recommended to reject any plan of any kind that's offered up by a socialist cowardly pantywaist terrorist appeasing nation. As a gereal rule anyway.
13:22 January 11, 2010 by mattziu
To #2, it would be great if you could have a little more respect for those spaniards like me who do not support (at all) the idiot we have as president and his "ideas".

Not everybody in Spain supports Zapatero's political party (around 50% of the country doesn´t). Most of all, we don´t share the negotiative point of view of his man regarding terrorism.

There are many people who love my country and suffer watching how this guy is destroying, day by day, what we achieved with the previous presidences. Zapatero is not a president, is a shame. I agree, but please, there are other people in my country with different ideas.

Please take us into account next time you ellaborate such "beautiful" sentences.
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