It is November 22 and EU leaders are meeting in Brussels in order to debate budgets. It is expected to be a day full of heated words. Agreement may be hard to reach and the talks could continue into the weekend. After all there is no money left if Europe, is there?
If we were to voice our opinion here it would be "more money wasted"
The blame culture is alive and well in the EU. Each country blames their so called allies for the demise of the EU. This is not productive particularly when the whole idea of these States joining forces was to create a "community" So what defines a community?
1.a. A group of people living in the same locality and under the same government.
Well in the EU the people do share the same locality, Europe, but that is as far as it goes. 3.b for instance is very far for reality. With many EU countries experiencing economic doom and gloom it is more like an "every man for himself" spirit right now.
What often galls as standards of living drop is EU bureaucratic waste. Do EU leaders need to meet so often, invariably running up vast sums of money in expenses, or could a better way be found?
Those costs though fade into insignificance when you consider the new ECB building under construction in Germany.
The building which has been dubbed by many the "ECB Palace" is being built in Frankfurt. It is expected to be completed in 2014. There may or may not be an EU and ECB by then of course. The building rises up dominating the landscape. It is made up of more than one building with the others to be used as offices. The original budget for the build was 500mil Euros.
By September 2012 the budget for the ECB build had already exceeded expectations. It had risen to £800,000 or 1.3bn Euros.
Once again it is austerity for the people and not the Elite. Bankers played a huge part in the demise of economies but continue to abuse the power they have. The ECB Palace is obscene. It will stand proud almost sticking two fingers up into the sky over Germany.
The cost will rise again without a doubt. Inflation is beginning to spiral out of control and so increased costs are bound to have an impact. What the ECB cannot stay in its temporary residence is unclear. Perhaps Germany wanted this expensive building project to offer employment and more to some of its citizens. Once the building is completed it will be full of overpaid officials who in truth are not needed.
Not sure what the ECB is? It is the bank that oversees the finances of Europe. You have to laugh or you would cry.