Economic Madness in Luxembourg

The UK, Germany, Sweden last night stood firm against pouring more taxpayers money down the fisheries subsidies drain.

A stream of fishing ministers had spent the night chanting the economic plans of North Korea and demanded more subsidies to support their pet projects and rich fishermen.

You can listen to the debate @
http://video.consilium.europa.eu/webcast.aspx?ticket=775-979-12041

It is painful, although less so than the pain inflicted by the incompetence of many of europe’s fisheries ministers.