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Show Notes
BFM speaks to Jacques Santer, formerly the 22nd Prime Minister of Luxembourg and the 9th President of the European Commission – the executive body of the European Union.
Topics covered include:
- State of the European Union today.
- Should the Union be maintained at all cost?
- Quantitative easing and money printing – will another gigantic credit bubble be created, leading to another big crash?
- Austerity vs. spending in Europe both side of the same coin to maintain both the welfare system and healthy finances
- Reforms needed to increase accountability of the European Commission.
- Advocating a Federal Europe, a federation of nation states.
- Is a Federal Eurasia or a Federal World possible?
- Views on the TPPA (Trans Pacific Partnership Agreement).
- Should national sovereignty be given up to form a supranational body?
- Is the European Central Bank’s Single Resolution Mechanism – supposedly for handling failed banks – acceptable?
- Greece and Spanish riots: problems arising from decisions made by foreign officials
- Fraud in the European budget.
- Workings of single party rule
- Luxembourg’s early election on 20th October, triggered by President Jean-Claude Junckers resignation due to a secret service spying scandal.
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