The one-sided, ideologically-oriented European Green Deal is preventing economic recovery and innovation in Europe.

The Freedom Party of Austria (FPO) has sent a strong message to Brussels. „Increasing the EU’s debt is certainly the wrong way to lead the EU out of the crisis,” said Roman Haider, the party’s MEP, reacting to the recent release of a report by Mario Draghi, former president of the European Central Bank, on improving European competitiveness. In the report, the Italian politician argues for an expansion of the EU bond programme.

„Pooling debt was banned in the EU treaties for good reason. The current EU-bonds have already thrown the EU budget into disarray due to the rise in interest rates,”

Haider pointed out, vehemently calling for a return to the treaty-based order without joint EU debt. He also stressed the need to strictly reject the further weakening of the unanimity principle for fundamental decisions in the European Council.

„The unanimity principle is particularly important for smaller member states such as Austria in order to protect vital interests,”

stressed the Austrian right-wing politician, who says Draghi refuses to acknowledge the need for a fundamental shift in EU policy. „Anyone who sees the Green Deal as a growth strategy is completely wrong. On the contrary, the Green Deal prevents innovation and economic growth in Europe due to its completely one-sided ideological orientation,” Haider explained, pointing out that the Green Deal has led to massively rising energy costs on the market, and that Brusselites are slowly destroying Europe’s car industry and agriculture.

In the report commissioned by the European Commission, Mario Draghi warned of the existential challenges facing the European economy and called for a new joint debt of 750 billion euros as a solution,” said FPO MEP Petra Steger. She sees this as a massive attack on the coffers of member states.

„In the report, Draghi published disastrous findings regarding the work of the European Commission, which has pushed our European economy up against the wall in recent years with its completely disproportionate climate policy and rampant bureaucracy. More and more companies are relocating to countries outside Europe and the proposed new EU debt will do nothing to address this problem. On the contrary, it will bring about a debt and transfer union, taking te erosion of national sovereignty to new heights,”

Steger added. The right-wing MEP recalled that the unconstitutional 750 billion euro post-pandemic Recovery Fund has been a bitter taster for the planned debt union. Pooling debt rewards poorly performing states at the expense of the few remaining net contributors, such as Austria. This creates a completely false incentive for the future.

„Poor economic management is worthwhile and will be rewarded. Perpetuating this madness would deal a death blow to the economies of net contributor states and would be nothing more than a communist wealth redistribution scheme,”

Petra Steger said, criticizing the report by Draghi. She also pointed out that the European Commission is likely to give a positive opinion on the Draghi-report, and that member states should therefore show strong resistance. She concluded by saying that the FPO has declared war on Brussels and Ursula von der Leyen.