EU is ‘bending rules’ as Spain and Portugal escape fines now Poland faces sanctions

Going against the insane immigration policies of Germany and Brussels is costly.

 

CRACKS in the EU were deepening today as it emerged fines against favoured nations were being scrapped while other countries were expected to stump up punitive sums after slipping into debt.

Last week German Finance Minister, Wolfgang Schauble, is reported to have lobbied several commissioners not to impose fines of 0.2 per cent of GDP on Spain and Portugal after they failed to reduce their fiscal deficit to 3 per cent GDP.

Spain’s deficit stood at 5.1 percent last year and Portugal’s at 4.4 percent, and under Union rules both nations have failed to take “effective action” to bring them down. Continue reading