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Belisarian High Commissioner Comes Out in Support of Currency Union
Château de Chaïx, Saint-Nazaire, Vannois
By: Michael Plaetorius (@LTCworld)
Belisarian High Commissioner Florentine Verruscosi, Lord Verruscosi of Gerasa (above) speaks with press after announcing his intentions to begin plans for Belisarian currency unionSaint-Nazaire: The issue of a single Belisarian currency has been long debated among members states, their governments, and Belisarian parliament for many years. And ahead of the upcoming Belisarian elections this spring, High Commissioner Florentine Verruscosi, Lord Verruscosi of Gerasa seeks to make his mark on the Community as he announced his intent to introduce a single Belisarian currency to replace the individual national currencies. In a recent session of Parliament, Verruscosi spoke to the assembly on the creation of a single Belisarian currency as the issue has been discussed in Parliament since October 2016 when Lihnidosi MBP Etor Lois (AoC/DC) brought the long-shelved topic back to discussion. In his speech to Parliament, Verruscosi pledged his full support to introducing a common currency, and would ask the Commission to draw up proposals to present to both the Belisarian Council and Parliament. “A single currency will be an important complement to the Single Market, which would make the [Community] a more powerful player in the global economy. This initiative will be a success, and an ever greater success if adopted by all member nations.”
Verruscosi has taken numerous stances on the issue of a single currency, ranging from apathy to opposition, and now to support. Most recently, Verruscosi said that introducing a single currency was “something that I think is inevitable, it is simply a matter of timing.” He later stated that “I would ideally like to only go forward if all members joined,” and argued against a multi-speed integration. Within Latium, support for a single Belisarian currency is split, with 45% in support, and 43% against, with 12% undecided in a recent LTC/Delpha poll taken back in December. There has been no indication whether a single currency would gain Imperial assent in Latium, nor is there a guarantee that it would find support in the United Latium-controlled Senate with Consul Alexander Pompilius and his neutral Belisarian stance.
Verruscosi’s support for a single currency comes as a surprise to many, though he has thus far become the most high profile political figure in the Community or its members’ national governments to support the initiative. Verruscosi has served as High Commissoner since 29 May 2014, and is up for reappointment in the spring to serve a fourth two-year term; if he is not reappointed by the Council, he will be replaced.OTHER NEWS STORIES
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