armstrongeconomics.com / by Martin Armstrong / Jul 29, 2017
The European Commission is close to triggering Article 7 on Poland for refusing to accept refugees. Article 7 is called the “nuclear option” that denies a member the right to vote. The Commission is reported to be preparing infringement proceedings against Warsaw for breaching EU law over its plans to bring the judiciary under government control. Under EU law, the Commission may determine that there is a risk of a serious breach if a member goes against the directive of the EU. Poland should simply exit the EU. Italy is drowning in refugees and it is likely to bankrupt that country.