More power for euro-11?

French finance minister Fabius announced plans to strenghten the role of the Euro-11

French finance minister Fabius announced plans to strenghten the role of the Euro-11, the group of Eurozone finance ministers. But some countries, especially the UK, are not too happy about this move. They see the Ecofin as the only decision-making body for the EU's macro-economic policy.

Next Monday, EU finance ministers will debate once more the blocked dossier of the savings tax.

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