Friday, January 6, 2017

Le Pen to push for Frexit if EU refuses to return key powers

Commentary:

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Another country that fears that the EU does not stand on the promise and try to exit if it warrants it. How can you reclaim the territorial sovereignty of a member nation if you are a member of the whole? it's like having a check point in every states in the US. EU is a different set up from the way the US is set up but want to create another currency that will not "tie-up" the hands of the nations to a single currency (USD). 


It is economically perceived and thus will fail politically in the end - unless they can come up with the compromise that the Union will surrender those four essential sovereignties to each nation: Territorial, economic, monetary, and legislative.
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Paris (AFP) - French far-right leader Marine Le Pen pledged Friday if elected president she would campaign for France to leave the EU if Brussels fails to surrender control over national borders, law-making and economic and monetary policy.
Le Pen, who has promised to dump the euro and organize a Brexit-style referendum on France's membership of the European Union, has recently appeared to soften her stance, saying she is open to a "common currency" co-existing alongside a national currency.
Addressing a gathering of foreign correspondents, the National Front (FN) leader said: "I have not changed my mind on the process I will put to the French with regard to the EU."
If she wins the vote on May 7, she said she would immediately begin negotiations with the EU on restoring "four fundamental types of sovereignty: territorial, economic, monetary and legislative".
The discussions, which would centre on France's call for the restoration of intra-European borders and the ability to adopt protectionist policies, would last six months after which she would organise a 'Frexit' in/out referendum.
"Either I will have secured the return of those four sovereignties and I will advise the French to remain in a new Europe of nations, or I will not and then I will advise them to leave the EU.
"There is no question for me of betraying the people."
On the euro, Le Pen said she had "never been hostile to the return of a form of common currency", citing the European Currency Unit (ECU), a pre-euro basket of currencies that existed alongside national currencies, as a model.
- Euro 'knife in ribs' -
Polls last year showed French voters were opposed to exiting the EU but were more conflicted about the common currency.
Le Pen admitted that the French had "fears" about a so-called Frexit but viewed the euro as a "millstone".
Brussels, she charged, had used the euro in Greece "not as a currency but a knife that you stick in a country's ribs to force it to do what its people don't want to do."
The anti-immigration, anti-EU Le Pen is seen as one of the top contenders for the French presidency, with polls routinely showing her making it to the run-off round in May against the conservative candidate Francois Fillon.
Under her leadership, the FN has gone from strength to strength, topping the vote in France in European elections in 2014.
Like Donald Trump, she has warm ties to Vladimir Putin's Russia.
On Friday, she declared she would be no one's puppet.
Sketching her vision of a multipolar world, she said: "I am a totally free woman."
"I don't want France to be subjugated by the US... I also don't want us to be subjugated by Russia."


 source Yahoo News

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