The EU's elite bureaucrats have unveiled their vision for the future of monetary union among the Euro zone nations.

The ideas are backed by the leading proponents of the fascist superstate agenda pro integration Europgroup's Herman Van Rompuy and Uncle Joe Stalin tribute act, Jose Manuel Barroso, President of the European Commission . The leading New World Order supporters in the European Union hierarchy have unveiled their vision for the future, in which the Brussels bureauracy would have far more power to overrule elected parliaments and suppress national sovereignty.

It includes the creation of a European treasury, which would have powers over national budgets and be able to dictate how national governments spend their taxpayers' money.

European Commission President Jose Manuel Barroso said it was "a defining moment for European integration".

The document, released ahead of Thursday's EU summit, said greater fiscal union could lead to common debt being issued by eurozone countries. In other words norther European nations pay for the irresponsibility of the Mediterranean shore's economic basket cases.

There would also be banking union, with a single European banking regulator and a unified deposit guarantee scheme. This is a blatant bid to destroy the British financial services industry which, no matter how much you hate bankers, our economy and future prosperity is far too dependent on for us to let it be sunk.

It's time we cried havoc and let slip the dogs of war. If Europe wants to dstroy our banks, let our banks destroy Europe. So long as they pay tax on the billions they will make from doing it we're laughing.