Narikaton and Darnussia

[Mbites]

February 5571

Controversial Financial Regulation Package hits Floor of Nationalrat

Opening of a Session in Parliament.

As part of Clenonberg's deal with the communist Revolutionairen, the president party (DRP) has proposed a rigid finance regulation package. It includes drastic liquidity measures for banks, a basicly unobtainable level of risk spread for insurance companies as well as mandatory transparency and bilancing measures for all companies operating within the Dual Republic. In the parliamentary session for february, the bill hit the floor for the first time and is getting lynched by members of the opposition. VVP chairman Matthijs Sleyster says "This is an existential threat to our businessmen and women, those who at the risk of their own wealth are creating and contributing to our thriving economy. This president has already burdened them with an incredible tax increase and is gutting them, combined with this, we see no way that anyone would want to operate in Narikaton and Darnussia, this is communist policy and we will not stand for it. We urge the centrist partners of the government to block this insanity. OF MP's have supported Sleyster's motions and speech. Political pundits say that the strategy to urge parties like the Landbund to block the bill might bear fruit as the reform package actually also targets their own interest group by removing some of the privileges the farmers in Nährrode are still enjoying. There have also been widespread call for protests by middle-class activists, conservatives and liberals of all coleur. The United Industrial Society of the Dual Republic have increased their lobbying efforts tenfold and say that this package "actually is threatening" to them.