2012-10-17telegraph.co.uk

``There must be an EU "currency commissioner" with sweeping powers to strike down national budgets; a "large step towards fiscal union"; and yet another EU treaty. Finance minister Wolfgang Schaeuble dropped his bombshell in talks with German journalists on a flight from Asia, and apparently had the blessing of Angela Merkel, the chancellor. "When I put forward such proposals, you can take it as a given that the chancellor agrees," he said.''


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