Word: denmarks
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...special session of Parliament. "There are fears throughout Europe," he said, "that the Community is too centralized, that it is too undemocratic, that the leaders of the Community are trying to develop it too fast." He said he would not present the Maastricht treaty to Parliament until after Denmark, which rejected it last June, has another try at approving...
France did not have to hold a referendum on Maastricht. But French President Francois Mitterrand wanted more than parliamentary ratification; he hoped that a resounding French "oui" would make people forget that Denmark had already voted against the treaty--which needed unanimous ratification by all European Community (EC) member states...
This weakness in French support means Maastricht is as good as dead. Denmark's negative vote cannot be ignored, even though there will be a re-vote...
With a strong French "oui," the other EC members could have, perhaps, forced Denmark to change its mind. But with discontent appearing in a number of countries, no thinking person seriously believes the Danes will change their minds unless the treaty undergoes serious revision. Furthermore, Britain won't even consider the treaty until the Danes are satisfied...
Like many a natural catastrophe, Europe's monetary storm blew up with little warning, though the clouds had been darkening since June, when Denmark narrowly rejected the Maastricht treaty. Named for the Dutch city where it was signed last February, the pact provides for the eventual political union of the European Community, a common foreign and security policy, and most important, a single European currency...