Government ally the Danish People’s Party opposes finance minister’s decision to take part in potential EU bailout for financially unstable member states
Finance minister Claus Hjort Frederiksen announced on Sunday that Denmark is prepared to contribute 9 billion kroner to the EU stabilisation package, but now the Danish People’s Party (DF) wants to veto the move.
DF is the traditional governmental ally and secured the recent budget with its support. And according to the chairman of the parliamentary finance committee, Kristian Thulesen Dahl of DF, the finance minister doesn’t have the power to guarantee such large funding to the EU without the agreement of all budget parties.
The party has never been a major supporter of EU policy and the union's interference at the national level. Dahl told Politiken newspaper that DF will use its veto right to ensure Denmark is not drawn into closer EU fiscal policy cooperation than it already is.
‘We mustn’t have a completely unreasonable top supervisor in the EU,’ he said.
Dahl said he recognised that countries that had adopted the Euro are subject to stricter policies to meet expectations for the common currency zone, but that this leads to countries moving even closer to a common financial policy.
‘But in Denmark, a referendum majority has decided that we don’t want to be part of the Euro, and as a result we can’t accept that an administrative commission will interfere in our budget,’ Dahl said to Politiken.
The finance minister has yet to publicly respond to DF’s objections.
The Copenhagen Post
