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2017-08-13 — bloomberg.com
The French president is pushing for greater fiscal integration among the 19 nations that now use the euro as a way to address at least some of those shortcomings. With Germany indicating an openness to Macron's calls, the political stars may be aligning to overhaul the euro, and so reboot the European Union.
On the table are: a common budget, a single finance minister, debt sharing (commonly-guaranteed debt), a European monetary fund (built out of the ESM), and a full banking union (common deposit-guarantee). source article | permalink | discuss | subscribe by: | RSS | email Comments: Be the first to add a comment add a comment | go to forum thread Note: Comments may take a few minutes to show up on this page. If you go to the forum thread, however, you can see them immediately. |