The Dutch government has proposed that highly indebted states be put into “guardianship”, with spending decisions seized from the elected government and placed under the direct control of a European commissioner.
If a state is unwilling to surrender its sovereignty in this way, then it would be forced to exit the euro.
“"Member states not willing to make themselves a ward, may choose to make use of the option to leave the eurozone,” Dutch Prime Minister Mark Rutte said in a letter...
Back our independent journalism by becoming a supporting member
Already a member? Login here