Proposal for a European Fiscal Solidarity Treaty and new Financial Authority- Andrew Duff MEP
"We need more Europe, we need not only a monetary union, but we also need a so-called fiscal union, in other words more joint budget policy. And we need most of all a political union - that means we need to gradually give competencies to Europe and give Europe control. ... Whoever is in a currency union will have to move closer together. We have to be open to make it possible for everyone to participate. But we cannot stand still because some do not want to go with us." Angela Merkel, 7 June 2012
12 Jun 2012
