The EU Treaties



To understand the EU’s neo-liberal character and why it enforces austerity so rigorously, we have to go back to the Single European Act of 1986. This set the legal framework for the EU as it exists today.

The drafters of this Act were ministers from Thatcher’s government in Britain and the conservative government of Chancellor Helmut Kohl in Germany. Each government had its own objectives. Thatcher’s ministers wanted to open up European financial services to the City of London, making London the European base for US banks. In this they were strongly supported from the US by President Reagan. Kohl’s ministers wanted to create an all-European market for Germany’s giant industrial companies at a time when the German economy was slowing. Both governments were ideologically on the right and were united in seeking to use the new framework to limit…

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Published by Guestspeaker

A joint effort of several authors who do find that nobody can keep standing at the side and that “Everyone" must care about what is going on in today’s world. We are a bunch of people who do not mind that somebody has a totally different idea but is willing to share the ideas with others and to be Active and willing to let others understand how "today’s decisions will influence the future”. Therefore we would love to see many others to "Act today".

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