MOUNT IN COMMON MARKET
1969Peter JeffriesCommon MarketFranceItaly and Germany Read the scan at ETOL (PDF) →Read from the scan by machine and not corrected: headlines and words can be misread, and a caption or advert can run into the text. For anything you quote, read the scan.
By THE DECISION of the Bonn government to contest the European Common Market's rejection of its decision to levy a 5.5 per cent tax on agricultural imports brings the tensions within the EEC to a sharper point.
The currency upheavals of the last months, together with the renewed working-class offensive throughout Europe and the widespread protests of small farmers against present agricultural pricing arrangements, now threaten the break-up of the Common Market.
13000 KENSITAS 443R 110922 The Commission's alternative proposals-for a total ban on farm imports from other Common Market countries until a fixed rate of exchange is re-established for the Deutsche-mark - have been rejected by the outgoing Kiesinger government.
The main pressure on the Bonn government is coming from France-for both a mark revaluation and a scrapping of the farm tax.
With a large agricultural sector France stands to lose more than any other Common Market countries from the Bonn decision.
And the Pompidou government, now lacing a rapidly deteriorating balance of payments situation, still relies heavily upon the small farmer's allegiance for political stability.
The Common Market agricultural blows • over last few months.
ISOLATED
The French devaluation has virtually isolated the French market and the Bonn decision now threatens to do the same for west Germany.
All the contradictions inherent in the Common Market from its inception in 1958 are now nearing explosion point.
Capitalısm cannot abolish the nation state.