Tag: two-speed Europe

A second budget for the eurozone would result in treating countries differently and ultimately destroy the EU, Enikő Győri, Hungary's state secretary for European Affairs, told EurActiv Germany. 

In a television interview, German Chancellor Angela Merkel said the euro zone was moving inevitably towards a "political union" requiring nations to cede more sovereignty, and that would lead to more of a multi-speed Europe, with non-euro states in the slow lane.

One year ago, analysts were calling 2010 Europe's “annus horribilis”, a horrible year. Little did they know about the events that were to follow...

Polish Foreign Minister Radek Sikorski threw down the gauntlet to Germany with a major political speech yesterday, calling on Berlin to avoid splitting the EU over tackling the eurozone crisis. EurActiv asked researcher Piotr Kaczyński to decipher its major highlights. 

The debt crisis has forced European leaders to realise that monetary union requires much deeper economic integration in the eurozone, and probably further transfers of powers to Brussels. The debate now centres on how to work out the tricky relationship between the "ins" and "outs", with a first proposal due for the December meeting of EU leaders.

As the 27 EU heads of state and government agreed in principle on a scheme to reacapitalise Europe’s banks, a series of meetings between non-eurozone countries underscored the concern that plans afoot for the autumn to create new institutions to tackle the debt crisis could split countries in two camps. EU SUMMIT LIVE!