About: fiscal union Archives
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French, German ministers flesh out plans for ‘two-speed Europe’
Emmanuel Macron and Sigmar Garbriel have called for greater fiscal and social harmonisation in the eurozone, saying other EU countries like Britain should be allowed to settle for a less integrated Union based on the single market.
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Franco-German eurozone blueprint rattles Cameron
Franco-German attempts to secure changes within the Eurozone without treaty changes threaten to undermine UK Prime Minister David Cameron’s EU reform efforts.
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Moscovici: Eurozone must tackle ‘legacy debt’, have its own budget
Eurozone countries have to find a way to deal with the high public debt built up during 2008-2012, and which puts European economies on divergent tracks, EU Economic and Monetary Affairs Commissioner Pierre Moscovici said on Wednesday (6 May).
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Bank of England Governor : More fiscal union, less austerity
Mark Carney, the Governor the Bank of England, has urged the eurozone to move towards fiscal union and end its hardline austerity policies in a bid to promote growth.