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European Commissioner for economic and monetary affairs Jyrki Katainen is proposing to dictate to member states, threatening to impose sanctions should they refuse to implement financial reforms imposed by Brussels.
 
S&D president Gianni Pittella said:
 
"I urge president Juncker to reject this diabolical plan. It is not just illegal, it is also politically unacceptable. I want to say openly: this plan could be the end of the Juncker's Commission. President Juncker should stop Katainen before he causes irreversible damage."

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