{"id":360506,"date":"2018-05-10T05:56:46","date_gmt":"2018-05-10T04:56:46","guid":{"rendered":"http:\/\/rinf.com\/alt-news\/newswire\/brussels-using-backdoor-to-create-super-state\/"},"modified":"2018-05-10T05:56:46","modified_gmt":"2018-05-10T04:56:46","slug":"brussels-using-backdoor-to-create-super-state","status":"publish","type":"post","link":"http:\/\/rinf.com\/alt-news\/newswire\/brussels-using-backdoor-to-create-super-state\/","title":{"rendered":"Brussels Using Backdoor To Create Super State"},"content":{"rendered":"
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THE European Union is using a \u201cbackdoor path\u201d in order to create a continent-wide superstate, according to shock warnings from an Austrian economist and academic.<\/h3>\n
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Philipp Bagus, of the Mises Institute, said some of the bloc\u2019s leaders have been masquerading behind claims they want to see a \u201cdeepening of the European project\u201d instead of openly branding their objective as a \u201cEuropean superstate\u201d.<\/p>\n

German, Finnish, Dutch and Austrian leaders have demanded stricter limits on fiscal deficits and debt brakes, while some have gone even further.<\/p>\n

French President Emmanuel Macron has called for widescale Eurozone reforms \u2013 which include a European minister for finance, a separate eurozone budget and the harmonisation of tax rates.<\/p>\n

Mr Macron sought support from German Chancellor Angela Merkel for his reforms, however, many believe the changes would create a \u201ctransfer union\u201d that would see Berlin provide more financial resources than it would receive from a collective fund.<\/p>\n

However, Mr Bagus believes the EU\u2019s current risk sharing mechanisms have created a so-called \u201ctransfer union in which risks are socialised\u201d while \u201cnot yet institutionalised\u201d.<\/p>\n