Even though we are not - praise the Lord - users of the Euro, the UK still has to observe EU 'stability rules' regarding public finances.
And guess what? In spite of his fucking endless lies and boasts to the contrary, Gordon Brown - with his little puppet Alistair Darling - has broken those rules. The EU is not happy about that.
Clearly no-one in Brussels has been listening to Broon's blustering: they've just looked at the figures and concluded that Britain must do more to curb its spiralling debt.
The report states:
"The fiscal strategy in the convergence programme is not sufficiently ambitious and needs to be significantly reinforced.
"A credible timeframe for restoring public finances to a sustainable position requires additional fiscal tightening measures beyond those currently planned.”
Which, translated into normal-speak, means: 'You're still pissing far too much money up the wall. Stop it.'
Gosh, really? But Gordon told us all that he was saving us. That he was the only one who knew what to do. That the eeevil Tory's pledge to cut the deficit faster would 'put the fragile economic recovery at risk'. Was that all bollocks then? Who'd have thought?
The timing is good, or if you're Broon or Darling, terrible. We'll find out on Thursday whether Darling's prediction in December that we'd be 'only' 178 billion in the red by now were right, or - more likely - woefully inaccurate.
And we've got a budget, the last budget before the election, next week.
How will the Chancellor balance the EU's demands for a more 'ambitious' strategy and 'additional fiscal tightening' with Gordo's inevitable bullying demands to hand a series of massive and fucking obvious bribes to voters?