Tuesday, August 16, 2011

THE PARIS SUMMIT HELD TODAY IN FRANCE INITIATED CONTRAVERSIAL CRITICISM AMONG THE OPPOSITION IN EUROPE.


The Paris Summit held today in Paris the capital city of France on much wider range economic issues and financial solution for the European Union member nations became controversial on three major issues suggested by Kanzler Angela Merkel, the Kanzler of Germany and President Sarkozy, the President of France. The two leaders agreed on the formation of European Union economic government. The regulation of the loan allocation to the European Union member nations with specific limitation and the introduction of a new type of taxation policy on financial markets businesses that entails the stock exchange markets and the money market businesses through out the European Union zone. However, the suggestion of the two leaders has been fiercely criticized within the European Union zone and domesticlly. The Opposition parties of mostly the European Union governments rejected the suggestion as less competence, nor realistic within the current circumstances in the European Union zone.

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